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09/19/2006 Overnight real estate rates rise
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Long-term mortgage interest rates were up Monday, and the benchmark 10-year Treasury bond yield rose to 4.81 percent.
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09/19/2006 Software helps convince consumers they can't do it all
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Editor's note: In this four-part series, Inman News examines the effect of the housing slowdown on everyday real estate business. We've asked brokers and agents what they are doing differently with marketing now that listing times are longer, how they are keeping an edge, and how a slowdown may or may not be impacting commission rates. (Read Part 1.)
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09/19/2006 Cleveland's top lender sees 20% foreclosure rate on 2005 loans
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One in five home purchase loans made in 2005 by Cleveland's top mortgage lender are already in foreclosure, according to an investigation by the Cleveland Plain Dealer.
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09/18/2006 Lenders shun areas covered by anti-predatory-lending law
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A new law that requires some Chicago residents in 10 ZIP codes to get counseling before obtaining a mortgage loan is scaring lenders away from those areas, critics claim.
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09/18/2006 Housing industry: National disaster policy needed right away
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Representatives of the housing and insurance industries, along with members of Congress and key congressional staff, are urging Congress to act quickly to enact comprehensive federal national natural disaster legislation.
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09/18/2006 HUD offers $39 million to clean up lead-paint hazards
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The Department of Housing and Urban Development is making available $39 million in funding to clean up dangerous lead-based-paint hazards in cities with the highest incidence of lead poisoning and the greatest amount of older rental housing.
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09/18/2006 MyNewPlace gets $12 million from investors
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MyNewPlace, an online apartment marketplace, has raised $12 million in a second round of investment, the company reported today. Silicon-Valley based investment firms Sutter Hill Ventures and Split Rock Partners led the latest financing round.
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09/18/2006 Overnight real estate rates stand pat
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Long-term mortgage interest rates were mostly unchanged Friday, and the benchmark 10-year Treasury bond yield remained at 4.79 percent.
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09/18/2006 Agents battle slow market with online ads
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Editor's note: In this four-part series, Inman News examines the effect of the housing slowdown on everyday real estate business. We've asked brokers and agents what they are doing differently with marketing now that listing times are longer, how they are keeping an edge, and how a slowdown may or may not be impacting commission rates.
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09/15/2006 Six mortgage brokerages shut down after random inspections
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Surprise examinations of mortgage brokerages and lenders in low-income communities in the Boston area are part of a coordinated effort by Massachusetts officials to crack down on mortgage fraud.
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