Total Number of News: 6353
- 11/16/2005 - Real Estate News
Texans indicted in alleged $2 million real estate fraud
A group of Texans were indicted in Dallas in connection with an alleged mortgage fraud scheme involving about $2 million in fraudulent loans. The indictment, handed down by a grand jury in the United States District Court for the Northern District of T... - 11/16/2005 - Real Estate News
Builder confidence declines in November
David Seiders, NAHB chief economist Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a sti... - 11/16/2005 - Real Estate News
Fannie Mae's CEO gets a raise
Fannie Mae CEO Daniel Mudd Fannie Mae on Tuesday said it increased its chief executive's base salary and would pay new chief financial officer, Robert Blakely, a base salary of $650,000, according to media reports. Blakely will also receive 10,000 ... - 11/16/2005 - Real Estate News
FEMA's timetable for housing hurricane evacuees criticized
The National Multi Housing Council, a trade association representing apartment firms, today announced that it generally supports the Federal Emergency Management Agency's plan to transition all remaining hurricane evacuees to apartments by Dec. 1, thoug... - 11/16/2005 - Mortgage Headlines
Mortgage Rates Hold Despite Two-Day Treasury Rally
Buyers lined up for the second straight day to purchase U.S. Treasury securities. Another tame report on inflation and news of record capital flows put U.S. government debt at the top of everyone's 'must have' list for Wednesday. Prices on Treasuries cl... - 11/15/2005 - Real Estate News
Fed head nominee pledges consistency with Greenspan
An example of the increased openness of the Fed under Greenspan is the written text released when the Board of Governors makes a decision, such as the recent series of hikes to the federal funds rate. For the last year, Greenspan, and hence the Fed, has... - 11/15/2005 - Real Estate News
U.S. real estate prices post healthy gains
Median third-quarter metro area home prices ranged from $72,800 in Danville, Ill., to nearly 10 times that amount in the San Francisco-Oakland-Fremont area of California where the median price was $721,900, according to National Association of Realtors ... - 11/15/2005 - Real Estate News
Existing-home sales set quarterly record
According to Freddie Mac, the national average commitment rate on a 30-year conventional fixed-rate mortgage was 5.76 percent in the third quarter, up from 5.72 percent in the second quarter; the rate was 5.89 percent in third-quarter 2004. Thomas M. S... - 11/15/2005 - Real Estate News
Foreclosure real estate portal beefs up listings
Fidelity National Financial has added more pre- and post-foreclosure property listings and additional enhancements to BuyBankHomes.com, its online portal for marketing foreclosure properties. The company has added nearly 400,000 new properties to the s... - 11/15/2005 - Real Estate News
California metro areas lead in online job ads
"A weakening national situation is not good news for the Gulf Coast area," said Goldstein. "Some workers seem reluctant to move to an area where the labor market was already weak. There are also fears that because a sizable part of the Gulf Coast economy...