Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. American Banker, By Kate Berry The new mortgage disclosure rule is upending the first step in the process of lending to homebuyers. Before shopping for a property, a prospective buyer typically gets a
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Palm Beach Daily Business Review, By Paola Isupa-Abbott Hoping to speed up foreclosures and save themselves money, Florida bankers want to remove the process from the court system and make it an admin
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Washington Post, By Dina ElBogohdady Home prices continued to climb for the seventh consecutive month in December, according to a report released Tuesday that provided yet another hopeful sign that th
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. New York Times, By Sewell Chan The Obama administration redoubled its efforts on Tuesday to overhaul the nation's financial regulations, saying it would not back down from its efforts to restrict the
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Charlotte Observer, By Christina Rexrode Bank of America CEO Brian Moynihan acknowledged that some struggling homeowners won't be helped by any of the current programs that are meant to rescue them. A
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. New York Times, By David Streitfeld The wobbly state of the housing market was made clear on Tuesday with the release of data showing that home prices managed a modest increase in December even as man
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Washington Post/Associated Press, By Jeannine AversaBen Bernanke goes to Capitol Hill on Wednesday carrying the weight of high expectations. The Federal Reserve chairman helped pull the country out of
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By Jon Hilsenrath The Treasury said it will borrow $200 billion and leave the cash proceeds on deposit with the Federal Reserve, reviving a program that will make it easier for th
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By Michael R. Crittenden and Marshall EckbladU.S. banks posted their sharpest decline in lending since 1942 at the end of last year, suggesting that the industry's continued slide
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02/25/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Los Angeles Times, By E. Scott ReckardPhil Kelly had 18 more months to go before the fixed rate on his $2.5-million mortgage became adjustable. But when Kelly, a former computer executive living in Ra
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02/25/2010