"San Diego City Attorney Wants City To Be Foreclosure Sanctuary"San Diego City Attorney Michael Aguirre, today, filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he wants to...
Moody’s Investors Service: More than two of every five subprime borrowers whose mortgages were reworked in H1’07 are defaulting anyway. Among subprime adjustable-rate mortgages modified in H1’07, 42% were at least 90 days late on March 31.
"The U.S. Treasury Department's plan to shore up Fannie Mae and Freddie Mac is an “unmitigated disaster'' and the largest U.S. mortgage lenders are “basically insolvent,'' according to investor Jim Rogers.
highlighted by rebroker | 1 wk ago | updated 1 wk ago 168 views | 1 comment
I remember reading DailyCandy for research when I worked in design-oriented sales in NYC. Their site has definitly grown since then, becoming a trend juggernaut. Indeed, DailyCandy has joined a bevy of blogs that are...
highlighted by jordan | 2 wks ago | updated 2 wks ago 94 views | 0 comments
The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs. Sounds like closing the barn doors after the...
The National Association of Realtors just reported that pending sales for existing homes fell 4.7% in May 2008. This marks the third lowest reading on record in May. Home sales are considered pending when the seller...
highlighted by rebroker | 2 wks ago | updated 2 wks ago 85 views | 0 comments
"An alleged brothel-on-wheels that authorities said they busted over the weekend gives a whole new meaning to keeping the party moving.Miami Beach undercover detectives who paid a $40 entry fee and boarded a stretch...
"Umph, umph, umph" - not the sound of a grumpy old man but baby crocodiles talking to each other from inside their eggs - more evidence that I wasn't that mad when talking to my unborn children - if it works for...
A few years ago the owner of a bridal shop got very excited and annoyed when I took some photographs of her shop window. At the time she claimed that her window display was projected by copyright ... I now wonder if that was the real reason."A BRIDAL shop which won a...
Her lies rather than apple pies take front stage as ex-convict Martha Stewart is refused entry to Britain. I think it's probably the right decision. If she were poorer no one would question the refusal." Martha...
" Vici Riyani and Adrienne Trinovia Sulistyo, second-year and third-year students at Santa Laurensia senior high school in Tangerang, have found a waste treatment solution for styrofoam. Through a series of simple...
Nationwide, one out of every four sales between January and March was a distressed sale, and that figure jumps to more than 50 percent in the hardest-hit areas like Las Vegas, Detroit and distant suburbs of Los Angeles, according to Moody’s Economy.com. As foreclosed...
Janesville got the news a week or two back - General Motors isleaving town. GM is a major employer out that way, giving jobs to 4.3percent of Rock County's work force. and many of these are more thanjust "living wage" jobs. They're the types of jobs than anyAmerican community...