Oct 31

For the second consecutive meeting, the Federal Reserve Open Market Committee dropped short term interest rates.

Oct 31

Countrywide Financial Corp, the largest mortgage
lender in the nation announced, before the stock marketed opened on
Friday, that it is posting a loss of 1.2 billion for the third quarter of
2007 because of millions it had to set aside in loan loss provisions,
write downs, and lowered loan values.

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Oct 31

There were some pretty scary statistics swirling
around Capitol Hill on Thursday as the Joint Economic Committee (JEC)
released a report attaching dollar figures to the impact of the subprime
mortgage fallout.

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Oct 31

Several weeks ago we wrote two-parts of a three-part series on
foreclosure fraud, i.e. scams perpetrated against
troubled homeowners ostensibly to help them save their house or at least
avoid legal action but are actually intended to strip off the home’s
equity or take legal title to the property.

Continue reading »

Oct 31

A death watch was underway on Wall Street on Monday as investors and
financial analysts waited for what was rumored to be the imminent
resignation or firing of Stan O’Neal as CEO of
Merrill Lynch & Company.

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Oct 31

As was widely expected on Monday, Merrill Lynch &
Company Tuesday morning announced the “immediate retirement” of
Stan O’Neal as the company’s Chief Executive Officer.

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Oct 31

Consumers, at least those who live in large apartment
complexes
, may be poised to win one for a change if an article
by Stephen Labaton published in The New York Times on Monday is
correct.

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Oct 31

A popular theme in the responses we have received to our request for
feedback from the foreclosure front has been the
confusion, delays, and inflexibility on the part of
mortgage servicers in handling “short sales.”

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Oct 31

The NAR report blamed the sales decline on temporary problems in the
mortgage market which disrupted sales and distorted prices on sales
closed during the month. Lawrence Yun, NAR’s senior economist, said the
numbers are understandable. “Mortgage problems
were…”

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Oct 31

It was one of those weeks when one had to wonder if Freddie Mac and
the Mortgage Bankers Association were operating in the same universe. The
former presented results of its weekly survey indicating that
mortgage rates were dead in the water while the latter
reported substantial interest rate declines for all products.

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Oct 31

There was the tiniest ray of sunshine in the September New Residential
Sales Report issued on Thursday by the U.S. Census Bureau and the U.S.
Department of Housing and Urban Development.

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Oct 31


Beautiful Custom home, 4br 3bath, Horse Property, Stalls and turn out, plenty of RV parking, pebble tec pool, heated with waterfall, large garage, home on over an acrea of land, backed to state preserve land for beautiful views and city lights. Lisa-623-561-2828 Timeshare-Cancun - $6,000 Melia Vacation Club at […]

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Oct 31

Being able to comfortably retire is a concern that millions of baby boomers will have to face in the coming years. For those who didn’t properly prepare for retirement, there are options. If you are a homeowner, a reverse mortgage may be the best.

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Oct 30

As was widely expected on Monday, Merrill Lynch &
Company Tuesday morning announced the “immediate retirement” of
Stan O’Neal as the company’s Chief Executive Officer.

Continue reading »

Oct 30


Builder is selling his model home in the family community of Ichapacasasa in Lakeland. Florida. The home is on 1 and 1/4 acres of land and you can have a horse! Many upgrades thru out, hardwood floors, granite counter-tops, carpet in bedrooms, up graded tile in bathrooms, tank-less water heater, covered front porch w/ colunms,stone around steps and front of porch. home has 1300sq ft with kitchen, livingroom, famliyroom, laundryroom, 3 bedrooms, 2 full balthroom…

Oct 30

Most successful businesses today have some connection to the Internet. Even brick and mortar businesses that don’t sell products online are aware of how important the Internets 24/7 audience is. Being available to the world, all hours of the day is key for building a brand and boosting profits. If you have never considered starting your own little Internet venture, here are some reasons why you should.

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Oct 30


You have not really lived until you have danced the Macarena with a toilet seat around your neck. Finishing a Basement:How-to Clinic Quick Reference Video Guide Finishing a Basement:How-to Clinic Quick Reference Video Guide - Finishing a Basement:How-to Clinic Quick Reference Video Guide […]

Oct 29

A death watch was underway on Wall Street on Monday as investors and
financial analysts waited for what was rumored to be the imminent
resignation or firing of Stan O’Neal as CEO of
Merrill Lynch & Company.

Continue reading »

Oct 29

Several weeks ago we wrote two-parts of a three-part series on
foreclosure fraud, i.e. scams perpetrated against
troubled homeowners ostensibly to help them save their house or at least
avoid legal action but are actually intended to strip off the home’s
equity or take legal title to the property.

Continue reading »

Oct 29


Reuters - Bank of America Corp on Thursday said it will stop offering home mortgages through brokers by the end of the year, resulting in a loss of 700 jobs, so that it may focus on lending directly to consumers.

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