Mortgages
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Wednesday, December 12th, 2007Realtors group lifts outlook
Housing analysts dispute forecast
By Alan Zibel, South Florida Sun-Sentinel.com, THE ASSOCIATED PRESS
December 11, 2007
WASHINGTON
Bucking conventional wisdom, a trade group for real estate agents Monday said the battered housing market is on the verge of stabilizing and inched up its outlook for 2007 and 2008 home sales.
The revised monthly forecast from the National [...]
Sun-Sentinel.com: Bush Mortgage Plan Won’t Help S. Fla. Housing Market
Friday, December 7th, 2007Bush mortgage plan won’t help S. Fla. housing market
By Paul Owers; South Florida Sun-Sentinel; December 7, 2007
South Florida won’t get a big boost from President Bush’s plan to freeze interest rates for homeowners nationwide who are bracing for sharp increases in their adjustable-rate mortgages, analysts say.
Many distressed borrowers across the region can’t benefit because they’re [...]
CNNMoney.com: Roadblock to a Subprime Solution
Wednesday, December 5th, 2007Roadblock To A Subprime Solution
The biggest obstacle to a mortgage bailout plan could be the investors who wound up with the bad debt.
By Les Christie, CNNMoney.com staff writer
December 4 2007: 3:26 PM EST
A sweeping solution to the subprime lending crisis could get snagged by a big sticking point at the end of the mortgage chain.
On [...]