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Lender's shutdown hobbles manufactured housing |
08-14-09 |
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| Mortgages for manufactured homes have almost disappeared.
Suspecting fraud, the government last week banned Taylor, Bean & Whitaker — the No. 1 source of financing for manufactured housi... |
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UK mortgage lending rises |
08-14-09 |
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| ONDON (AP) — Britain's housing market is slowly stabilizing, though activity is still low compared to previous years due to the recession, industry bodies said Tuesday.
The Council of Mortga... |
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Your Money: Real estate from financing to schools |
08-13-09 |
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| It looks like the real estate market is beginning to repair its foundation. New home sales in June posted the fastest increase in more than eight years as buyers took advantage of bargain prices, l... |
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Beazer Homes sharply narrows its 3Q loss |
08-10-09 |
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| Beazer Homes USA Inc. said Thursday it cut its fiscal third-quarter loss sharply, largely because of a gain from a reduction in its debt load, and the homebuilder noted new home order trends showed... |
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Mortgage rates dip this week |
08-06-09 |
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| McLEAN, Va. (AP) — Rates on 30-year mortgages dipped this week after economic reports came in better than expected, Freddie Mac said Thursday.
The average rate on a 30-year fixed rate mortga... |
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Florida mortgage lender stops funding loans |
08-06-09 |
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| OCALA, Fla. (AP) — One of the nation's largest wholesale mortgage lenders stopped funding mortgages Wednesday, a day after federal authorities barred it from making loans insured by the Feder... |
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Summary box: Servicers facing hundreds of lawsuits |
08-06-09 |
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| WHO'S ACCUSED OF WHAT? Loan servicers are middlemen who collect mortgage payments from homeowners and pass them to banks and other investors. An Associated Press investigation found thousands of la... |
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Historic Va. hotel sold at auction for $2 million |
08-06-09 |
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| ROANOKE, Va. (AP) — A historic downtown Roanoke hotel in foreclosure has been sold at auction for $2 million.
The only person to bid on the Patrick Henry Hotel on Wednesday was Kristen Duffy... |
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Fla.-based mortgage company suspended |
08-06-09 |
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| MIAMI (AP) — A prominent U.S. mortgage company is being investigated by the Housing and Urban Development Department after allegedly failing to submit a required financial report, raising con... |
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Southwestern Ill. town seeks bankruptcy protection |
08-06-09 |
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| WASHINGTON PARK, Ill. (AP) — This decaying southwestern Illinois village best known for its strip clubs has filed for bankruptcy protection for the second time in five years under the weight ... |
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The Art of the Deal: Buying a Home in a Buyer's Market
$8,000 Tax Credit for First Time Homebuyers
