Reading Roundup for Friday: 9.03.2010
Of course we should keep in mind, that peak was a bubble. The good news is that investment in such things a equipment and software, are slowly, but steadily, climbing back.
Categories: Mortgage Newswire
China's Dagong sounds the gong on U.S. debt (Credit Rating...
The big three credit-rating agencies that totally missed the meltdown of the subprime mortgage market - Moody's, Standard & Poor's and Fitch - still give the United States a AAA credit rating.
Categories: Mortgage Newswire
Affordable Home Ownership
Published by Ben Aslet for Capita Conferences in Housing and also in Local Government Friday 3rd September 2010 - 11:25am Affordable Housing "We will promote shared ownership schemes and help social tenants and others to own or part-own their home." - The Coalition: our programme for government, 2010 Capita's established National Affordable Home ...
Categories: Mortgage Newswire
Woods takes out $54M mortgage on Fla. estate
Fresh off his divorce, Tiger Woods has taken out a $54.5 million mortgage on his Florida waterfront estate.
Categories: Mortgage Newswire
The One Account
The One Account from Royal Bank of Scotland. Any good? Anyone have experiences with The One Account from RBS.
Categories: Mortgage Newswire
FESTIVAL/CRUISE: Other Places: Mulgrew Miller in Detroit
The Detroit Jazz Festival runs through the Labor Day weekend, with an impressive array of musicians including Roy Haynes, Maria Schneider, Terence Blanchard and Branford Marsalis.
Categories: Mortgage Newswire
FHA mortgage insurance set to increase
Effective for FHA loans for which the case number is assigned on or after October 4, 2010 the Upfront Mortgage Insurance will decrease from 2.25 to 1.00 on most FHA insured loans except Home Equity Conversion .
Categories: Mortgage Newswire
Discounts spur surprising August retail sales gains
This year's back-to-school season isn't as big a bust for retailers as they feared - or as last year's - but it's not great either.
Categories: Mortgage Newswire
August Total Non Farm Payrolls Come At -54K On Consensus Of -105K,...
Total Part time workers increased by 401k from 18,157 to 18,558; part time workers for economic reasons increased by 331K.'' Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
Home Prices in China to Decline Starting From September, BNP Paribas Says
"Chinaa s home prices will decline from this month as the government maintains its lending curbs and increases the supply of public housing, forcing property developers to cut prices to boost sales, BNP Paribas said." Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
homeq to cut 901 jobs
"Employees at the North Highlands-based company located just outside of Sacramento will be laid off by November 19 a ' and the massive HomEq facility will be shuttered by October 31." Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
Mariner Holdings Buys Stake in $760 Million of Real Estate Loans From FDIC
"Mariner Holdings LLC said it purchased part of a $760 million portfolio of property loans from the Federal Deposit Insurance Corp.
Categories: Mortgage Newswire
private mortgage modifications triple hamp mods in july
Meanwhile, foreclosure starts totaled 226,664 in July, a 22 percent increase from June and nearly double the number of loan mods completed.
Categories: Mortgage Newswire
Pending Home Sales Reconfirm the Market is Crashing
"Record low levels of demand continue to haunt the U.S. housing market with July pending home sales re-confirming previous crash-level readings." Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
Fannie to Crack Down on Foreclosure Delays
"On Tuesday, Fannie Mae announced that it was not longer giving servicers free rein, and was clamping down on multiple fronts, such as procedures and record-handling, mortgage mods.
Categories: Mortgage Newswire
BlackRock Chosen by State Insurance Regulators in U.S. to Weigh CMBS Risks
"BlackRock will review more than 7,000 securities by year- end, the National Association of Insurance Commissioners said yesterday in a statement released on its website.
Categories: Mortgage Newswire
MBA: 2Q CMBS delinquency rate 8.22%
"Second-quarter delinquency rates for loans held in commercial mortgage-backed securities are at the highest level since the Mortgage Bankers Association began tracking the data in 1997." Note: Comments may take a few minutes to show up on this page.
Categories: Mortgage Newswire
Pending Home Sales Rebound from Record Low. What Might Boost Buyer Demand?
"NAR's Pending Home Sales Index measures the number of home purchase contracts that were signed in the monthly reporting period.
Categories: Mortgage Newswire
Talk of recession quieted by the improving economic data results
The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing.
Categories: Mortgage Newswire
Realty USA Five Things to Watch When Thinking Alexandria VA Real Estate
When considering real estate in Alexandria VA, there are 5 important things to consider.
Categories: Mortgage Newswire