Weekly Address: Growing the housing market and suppo...
Saturday May 11 | via Examiner.com
In this week's address, President Barack Obama said today that "seven years after the real estate bubble burst, triggering the worst economic crisis since the Great Depression and costing millions of responsible Americans their jobs and their homes, our housing market is healing. Comment?
Insider Cluster Buys Reported at 52-Week Lows
Tuesday May 14 | via GuruFocus.com
In the past week, three different companies reported insider cluster buys involving three or more corporate executives. Comment?
Obama Urges Congress To Back Another Pick
Saturday May 11 | via The Huffington Post
President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and Freddie Mac, Democratic Representative Mel Watt. Comment?
With the right mortgage, home ownership builds wealth
Thursday May 9 | via Science Daily
But the conventional wisdom on the benefits of owning vs. renting still holds when done right, according to a newly published study led by the Brown School's Center for Social Development at Washington University in St. Comment?
Caroline Baum: Tea party rant part 2 awaits the next...
Thursday May 9 | via Inside Bay Area
On Feb. 19, 2009, CNBC editor Rick Santelli let loose on the floor of the Chicago Mercantile Exchange in response to President Barack Obama's proposal to subsidize underwater mortgages. Comment?
News Limited exec offers up to $100k in secret legal...
1 min ago | via Crikey
The war over real estate advertising in Geelong is hotting up, with a News Limited executive offering to help pay the legal fees of an estate agent to defend himself against claims made by a publication part-owned by Fairfax. Comment?
Indianapolis area home sales jump nearly 20 percent
20 min ago | via The Indianapolis Star
Sales of existing homes in April surged again in the Indianapolis area. Sales jumped 18.7 percent, to 2,629, from the same month a year ago in the 13-county metro area, the Metropolitan Indianapolis Board of Realtors said. Comment?
Extraordinary wealth inequality between U.S. races, ...
30 min ago | via The Republic
By TIM GRANT - Wealth disparities for middle-income blacks and Hispanics have worsened over the past three decades relative to white families, largely because of a lower likelihood of owning homes and retirement accounts, according to the Urban Institute. Comment?
Wells Fargo slows foreclosure sales, BofA not so much
52 min ago | via Business Journal
Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. have nearly halted foreclosure sales after federal regulators revised orders on the how troubled borrowers were to be treated before losing their homes. Comment?
1 hr ago | via Charleston Business Journal
Harbor National Bank reported a nearly 84% increase in first-quarter earnings compared with 2012, partly on strength of the commercial lending market, the bank's president and CEO said Friday in a statement. Comment?