Greenspan warns on mortgage lenders Sydney Morning Herald - Sep 15 6:48 AM
US Federal Reserve chairman Alan Greenspan has warned that the combined $US1.47 trillion portfolios of Fannie Mae and Freddie Mac should be reduced and moving too slowly to do so could disrupt the US financial system.
A Response Far From Home Washington Post - Sep 14 11:36 PM
As his convoy traveled over the causeway approaching New Orleans on Labor Day, Howard County firefighter Christopher L. Thompson could see only the broad expanse of Lake Pontchartrain. Then, as the city's skyline emerged, he spotted helicopters hovering above damaged high-rises. Entering the swamped city, Thompson's convoy passed by partially collapsed buildings, overturned trucks, blankets of
Seminar for home buyers Arlington Heights Post - Sep 14 5:13 AM
Mark Green will lead a discussion at 7 p.m. Tuesday in the Elmwood Park Public Library, 1 Conti Parkway, to educate first-time home buyers in the procedures to acquire a mortgage and close on a home.
Bay Area home prices hit new high CNN Money - Sep 14 1:04 PM
SAN FRANCISCO (Reuters) - Spurred by strong demand and continued low mortgage interest rates, prices paid for homes in the San Francisco Bay Area reached new highs in August, and home sales in the region remained at near-record levels, according to a report released Wednesday.
