NEW YORK (Reuters) - Millionaires view the U.S. economy as
very weak, but sense a resumption of growth in early 2009 and
expect to buy stocks and real-estate in the latest indication
that a recovery may be imminent, according to a study released
on Tuesday. read more »
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A congressional proposal to have the government help homeowners refinance mortgages they can no longer afford will only help a small fraction of those who are at risk of losing their homes.
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FBI officials Tuesday disclosed complaints of mortgage fraud are piling up at record levels this year, and appear certain to shatter last year's record.
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While Congress grapples with how to help troubled homeowners, the Bush administration is expanding a more modest effort to help at-risk borrowers.
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Spring in southern Orange County has come on spectacularly. The autumn fires that blew smoke and ash into neighborhoods here also destroyed a lot of dark-hued scrub and chaparral. Now the hills along the 241 tollway are painted in bright green grasses and yellow and violet wildflowers. Near the end read more »
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Mortgage delinquencies will continue to rise over the next six to 12 months as home prices decline and economic conditions remain difficult, according to one forecast released Monday.
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The House on Thursday passed a contentious foreclosure-prevention package, which still faces a veto threat from the White House and an uncertain fate in the Senate.
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Americans remain split on whether homeowners about to default on their mortgages should receive special treatment to help them keep their houses, according to a new CNN/Opinion Research Poll.
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The number of homes for sale was on the rise again in April, according to figures from Zip Realty, a California-based real estate broker.
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Out on the range is the last place you would expect America's long-running obsession with big houses to be laid to rest.
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Politicians in Washington are busy arguing about the financial and moral hazards of coming to the aid of troubled homeowners.
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http://www.bloggingstocks.com/2008/04/27/the-week-in-preview-all-eyes-on-the-fed/ read more »
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Everyone knows there are lots of good reasons to give to charity, especially at the end of the year when there are tax benefits to reap and holiday good will to spread. But this year, many charities are doing quite a bit of giving themselves. read more »
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Filed under: Apparel, Handbags, Men's StyleBritish couturier Hardy Amies, whose Savile Row shop opened back in 1946, is launching its first line of women's handbags this month. The new line comprises four key styles "inspired by traditional English luggage and the secret lives of female spies in th read more »
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It's a good thing they're not running for accountant in chief. read more »
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Lawmakers considered allegations Tuesday that mortgage lenders and companies that service loans are misusing the bankruptcy system to impose questionable fees and improperly pressure homeowners facing foreclosure.
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Some of the last, best housing markets - the ones that continued to climb even as the rest of the country cratered - have turned south lately.
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