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Bernanke's speech to home builders
WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's speech to the 2012 National Association of Home builders International Builders' Show, Orlando, Florida: Housing Markets in Transition The economic recovery began more than two years ago, but it doesn't feel like much of a recovery for many Americans--certainly for those of you who depend on the housing sector ...
news.yahoo.com
Which Is The Better Lender – VISA Or A Bank?
One is not like the other. We help you decide where to borrow money from.
finance.yahoo.com
Why are house movers not moving?
Existing home owners, not just first-time buyers, are finding it difficult to finance their house moves, says senior economist.
uk.finance.yahoo.com
New-home building remains stagnant in Triangle
Why aren't more new homes getting built in the Triangle? For the past several years, you didn't have to look very hard to find plenty of reasons to explain the lack of new residential construction taking place.
newsobserver.com
Housing Bust, Baby Bust
Say you bought a sprawling ranch-style house in 2007, with a guest room just begging to be turned into a nursery. If you lived in Las Vegas, that house today would probably be worth barely a third of what you paid. If you bought in Phoenix or Miami or Detroit, it would be worth about half your purchase price. In every case you’d most likely be underwater on your mortgage, with no hope of tapping ...
news.yahoo.com
2012 Mortgage Rate Forecast: Remaining Low
You'll like the 2012 mortgage rate forecast. Well, except for the higher fees. We explain.
www.foxbusiness.com
Fannie, Freddie writedowns too costly: regulator
WASHINGTON (Reuters) - The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds. In a letter sent on Friday to the Republican and Democratic leaders of a House of Representatives government oversight panel, the Federal Housing ...
ca.news.yahoo.com
Big Banks, 49 States Reach $25 Billion Deal Over Foreclosure Abuses
Watch Video | Listen to the Audio RAY SUAREZ: After long months of negotiating, 49 states joined an agreement today over foreclosure abuses. U.S. Attorney General Eric Holder announced the deal in Washington. ATTORNEY GENERAL ERIC HOLDER: It is the largest joint federal-state civil settlement in the history of this nation. RAY SUAREZ: The news came even as foreclosed homes still litter the ...
www.pbs.org
‘Fannie, Freddie writedowns too costly’
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.
www.pretorianews.co.za
Historic Milwaukee bank caters to newly arrived immigrants
Immigrant living in America can have a tough time getting a bank loan. Many new arrivals don’t understand or trust the banking system. Even those that do, often don’t qualify for loans. Some community banks are trying to change this dynamic — places like Mitchell Bank on the south side of Milwaukee. Historic Mitchell Street was once a primary shopping destination on the south side of Milwaukee ...
www.pri.org
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