| • |
08/23/2007 Careful Design Makes Aging in Place User-friendly
|
|
According to a recent AARP survey, most older Americans -- 83 percent -- wish to "age in place" or, in less technical terms, to stay in their houses for the rest of their lives or as long as their health and financial needs allow.
|
|
|
| • |
08/23/2007 North Carolina Again Flexes Regulatory Muscle
|
|
The same state that got the ball rolling on the state level in 1999 to combat predatory lending is at it again, this time to address subprime loan ills.
|
|
|
| • |
08/22/2007 Study finds riskiest lenders' problems are no secret
|
|
Nearly all of the mortgage lenders who engaged in the riskiest underwriting practices during the housing boom have gone bankrupt, been sold, or curtailed their operations. But Wall Street investors may stay wary of private mortgage-backed securities until home prices stabilize, a new study suggests.
|
|
|
| • |
08/22/2007 Manhattan real estate antitrust lawsuit proceeds
|
|
A U.S. District Court judge in New York has ruled that portions of an antitrust lawsuit filed against a Manhattan real estate trade group and several brokerage firms and technology companies may proceed to trial, while invalidating other aspects of the complaint.
|
|
|
| • |
08/22/2007 Accredited Home Lenders to exit retail mortgage lending
|
|
Accredited Home Lenders is closing down its retail lending business and laying off about 1,150 workers companywide in an attempt to keep the company's doors open.
|
|
|
| • |
08/22/2007 Home loan apps dip
|
|
The number of mortgage applications fell last week as interest rates moved higher, the Mortgage Bankers Association reported today.
|
|
|
| • |
08/22/2007 Builder: Credit crunch may shrink pool of buyers
|
|
Luxury-home builder Toll Brothers Inc., in a preliminary earnings announcement today, reported net income of $26.5 million for the quarter ended July 31, with cancellations totaling 23.8 percent of contracts for the quarter.
|
|
|
| • |
08/22/2007 Overnight real estate rates trend lower
|
|
Long-term mortgage interest rates continued to sink Tuesday, and the
benchmark 10-year Treasury bond yield fell to 4.59 percent.
|
|
|
| • |
08/22/2007 Rate cut could be Fed's next move
|
|
Expectations that the Federal Reserve will cut the federal funds rate this year rose Tuesday after Sen. Chris Dodd said Fed Chairman Ben Bernanke is "prepared to use all the available tools at his disposal" to keep money flowing to mortgage lenders.
|
|
|
| • |
08/22/2007 MLS public listing sites gain support
|
|
Editor's note: Long a crucial center of a healthy, functioning housing market, the MLS now finds itself having to adjust and reinvent to keep up with changing times. This three-part series examines new initiatives in data-sharing and consolidation, as well as debates over public-facing property search sites and the MLS's role in broker cooperation and offers of compensation. (Read Part 1, "Consolidation, collaboration breaking down MLS walls.")
|
