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Lender sees house affordability eroding  For Business Edge Published: 06/09/2005 - Vol. 1, No. 11 Higher home prices, slower income growth and increased utility costs eroded Canada's housing affordability in the first three months of


Few can afford homes  Housing affordability sank to a record low level in Los Angeles County during August and matched its all-time low statewide reached 16 years ago, a trade group said Thursday.read more...


Mortgage fees add to loan payment pain (Sunday Herald)  borrowers could be paying over the odds for their mortgage because they do not pay the arrangement fee upfront. Instead, it is added to the home loan.read more...


Dow sees small gain  Wall Street turned slightly lower Friday in a wobbly session that still showed signs of nervousness, even after the government reported strength in employment.Commentread more...


Demand squeezes home market  'They're selling very quickly and prices are still going up. ... We can see the impact of having less inventory.' Tom Maeser .via


Credit-Ratings Firms and the Mortgage Monster (NPR)  Fortune magazine Editor-at-Large Bethany McLean talks with Robert Siegel about credit-ratings firms and the mortgage-backed security monster they've helped create.read more...

December 31st, 2007

Who Will Protect This House?

Formerly obscure terms such as ‘subprime,’ ‘write-down,’ and ‘Structured Investment Vehicle’ became commonplace in the headlines as rising defaults on risky mortgages and falling home prices have roiled … via Minyanville



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December 31st, 2007

Market set to open up on last trading day

“It’s a very quiet day and most people are on vacation. (But) there’s a predisposition to be optimistic as we approach the new year … it’s human nature”

Stocks were set to push a little higher on the last trading day of the year on Monday, but data on existing home sales could limit any advance. via Earth Times



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December 31st, 2007

Latest News : Wachovia may face new mortgage write-downs

As more banks report write-downs tied to the global credit crunch, analysts say Wachovia Corp may have losses lurking in an area that has garnered less investor attention. via Tehran Times



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December 31st, 2007

Public Notice - Mortgage Sale - Russell A Madsen (Leelanau Enterprise)

Notice Of Mortgage Foreclosure Sale THIS FIRM IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION WE OBTAIN WILL BE USED FOR THAT PURPOSE. PLEASE CONTACT OUR OFFICE AT THE NUMBER BELOW IF YOU ARE IN ACTIVE MILITARY DUTY.

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December 31st, 2007

Mortgage defaults climb to record level (Houston Chronicle)

Mortgage insurers saw defaults rise to a monthly record in November, according to data published Monday by an industry trade group.

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December 31st, 2007

Mortgage-Insurer Defaults Hit Record (AP via Yahoo! Finance)

Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.

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December 31st, 2007

Public Notice - Mortgage Sale - Daniel L. Tiesworth and Jennifer Tiesworth (Leelanau Enterprise)

Notice Of Mortgage Foreclosure Sale THIS FIRM IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION WE OBTAIN WILL BE USED FOR THAT PURPOSE. PLEASE CONTACT OUR OFFICE AT THE NUMBER BELOW IF YOU ARE IN ACTIVE MILITARY DUTY.

read more…

December 31st, 2007

Defaults among U.S. mortgage insurers rose to record in November (The Canadian Press via Yahoo! Canada News)

WASHINGTON - U.S. mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.

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December 31st, 2007

City confronts mortgage crisis (The Trenton Times)

TRENTON —Mayor Douglas H. Palmer will announce next week the formation of a coalition of nonprofits, faith-based organizations and mortgage lenders to assist city homeowners hit hard by the subprime mortgage crisis.

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December 31st, 2007

Mortgage insurers feel pinch (The Santa Rosa Press Democrat)

WASHINGTON —Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.

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