Friday, July 25, 2008

Housing rescue on track to pass Senate by Saturday

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The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure ...
Thursday, July 17, 2008

Confessions of a Subprime Lender: 3 Bad Loans

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Subprime lender reveals scams and bad loans. By: Les Christie: CNNMoney.com A mortgage lender talks about scams and bad loans he was part of...
Monday, July 14, 2008

Fed adopts plan to curb shady mortgage practices

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The Federal Reserve has adopted rules to give home buyers more protection from the types of shady lending practices that have contributed to...
Saturday, July 12, 2008

Government shuts down mortgage lender IndyMac

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IndyMac Bank's assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit...
Friday, July 11, 2008

Fannie, Freddie woes hit the nation's homebuyers, owners

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The Fannie Mae and Freddie Mac turmoil could mean higher rates for new borrowers, and the impact may not end there... By: Les Christie: CNNM...

BofA: Expect large home-price declines

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BofA sees additional 15% drop in real estate prices. Inman News Bank of America expects home prices will fall an additional 15 percent natio...
Thursday, July 10, 2008

Home Supply Fell Over Past Year

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The supply of homes available for sale in 18 major metropolitan areas in June was down 2.4% from a year earlier, according to figures compil...

The Weekend Guide! July 10 - July 13, 2008

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What to Do This Weekend! The Weekend Guide for July 10 - July 13, 2008. Full Article:
Tuesday, July 08, 2008

Fed's Loans to Wall Street May Prevent Raising Rates

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The Federal Reserve may hold off on its first interest-rate increase since 2006 until policy makers judge that financial markets are stable ...
Thursday, July 03, 2008

California Senate passes mortgage default warning bill

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The legislation, SB1137, would require lenders to give homeowners more - and earlier - warnings that their home loans were heading toward de...
Monday, June 30, 2008

Mortgage ruling could shock U.S. banking industry

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... "Class certification of rescission claims would saddle the mortgage lending industry and ... But an adverse ruling for borrowers wo...
Wednesday, June 25, 2008

INSTANT VIEW: Fed holds rates steady

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The Fed's moderately hawkish statement accompanying its decision to leave interest rates unchanged signals the central bank may raise in...
Monday, June 23, 2008

Will Sleepy Larchmont Wake Up as Next Robertson?

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Rent hikes driving out area merchants. By DANIEL MILLER: Los Angeles Business Journal online A landlord’s desire to attract national chains ...
Thursday, June 19, 2008

California: Sales Rise as Home Prices Bottom

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As foreclosures push down California housing prices, first-time home buyers surge into the market. By: Alex Veiga: REALTOR®Magazine The Cali...