Housing slump drags on broader Southern California economyLos Angeles Times, CA - 15 minutes ago… and [they] can no longer pay their mortgage," he said. Adibi predicts unemployment will rise by about half a percentage point in Southern California. …
Fannie Exec Talks Risks, OpportunityFinancial-Planning.com, NY - 45 minutes agoIn an interview Friday, Mr. Niculescu, 48, said that the mortgage market remains "unpredictable" and that controlling credit losses and managing risk will …
New York TimesHard Times Hitting Students and SchoolsNew York Times, United States - 1 hour agoWith mortgage foreclosures throwing hundreds of families out of their homes here each month, dismayed school officials say they are feeling the upheaval: …
Last Day of California Legislature Session Ends With Passage of …California Progress Report, CA - 17 minutes agoAB 1830 (Lieu): A mortgage foreclosure bill dealing with subprime loans with some strong provisions that will need a big push to get signed by the Governor …
Reluctance to lend adds to home woesBaltimore Sun, United States - 11 hours ago"Texas is strong, jobs are strong, but people just can't get a mortgage," he said. His concern has implications that apply to other healthier housing areas …
Amid Housing Crisis, Mortgage Fraud ContinuesNuWire Investor, WA - 1 hour agoThe state of Florida led the way in number of mortgage fraud cases, accounting for a quarter of the country's reported fraud incidents. California ranked …
California lawmakers pass several billsLos Angeles Times, CA - 5 minutes agoMeasures dealing with health insurance cancellation, mortgage lenders, chemicals and college aid to illegal immigrants are approved. …