Housing Expert Berson Leads Pack (Reg Req'd) At a time when the housing market is a major pillar of the economy, it is fitting that a housing expert tops the ranks of economic forecasters.via
Subprime mortgage losses miniscule compared to what is cooking in the prime mortgage areas ?financial meltdown ... (India Daily) It is quiet and steady meltdown. The bubble is imploding slowly and steadily. What happened to Citi Bank, Chase, Wachovia, Merrill and others is just a tip of the iceberg.
Consumer-Related Data Might Move Stocks This week on Wall Street will be all about American consumers and whether their spending habits are strong enough to support a steady advance in stocks.Commentread more...
Certain Rules Can Be Changed by the Board They're the new urbanites: age 26 to 34, often recently married. In the past they might have opted for a small house in the suburbs. But the trend nowadays is
House panel OKs bill strengthening oversight of mortgage giants (Provo Daily Herald) Marcy GordonThe Associated PressWASHINGTON -- A House committee on Wednesday approved legislation that would strengthen federal government oversight of Fannie Mae and Freddie Mac, the big mortgage companies.The measure, approved
Fed's New Rules On Mortgages Draw Hostility from Critics Rules proposed by the government to curtail high-risk mortgages is drawing criticism from lawmakers who sought more action.
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Schooner Trust announced today the completion of an offering of $395,966,045 Approximate Initial Aggregate Class Principal Balance Commercial Mortgage Pass-Through Certificates, Series 2005-3, $20,266,045 of which were offered on an exempt basis.
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