The story, which you can read a transcript of, said that as many as two-thirds of all Indiana mortgage brokers may lose their licenses. The big problem is that new state regulations require that at least one staff member at every Indiana mortgage brokerage pass a competency exam that allows them to oversee their office.
In what should come as a surprise to no one, the sales of new homes dropped once again this May.
What if you could predict those areas of the country where housing prices will dip the most in the next two years? Well, even if you can’t, the folks at PMI Mortgage Insurance Company have given it a try.
The housing industry has set yet another dubious record: The number of borrowers who have fallen more than 30 days behind on their home equity lines of credit has hit the highest level in mor ethan a decade. This news comes from the American Bankers Association.
Would you buy a house from Ford? I wouldn’t. How about from Toyota? That, I might consider.
There are different ways to handle the foreclosure problem that has spread across the nation. Fairfax County, Va., has found its own.
But there’s a side to the severe floods throughout the Midwest that we haven’t heard much about: Where are all those people who’ve lost homes going to live?
He’s a better actor than he is a governor, and that’s not saying much. But how good of an economic forecaster is Arnold Schwarzenneger? In about a year, we’ll know.
The National Association of Realtors last week released their latest home-sales data. For once, there was some good news. But, of course, the report contained a lot of bad news, too.
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Written by Dan Rafter [email] for b5media.
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