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Treasury Secretary Timothy Geithner says the U.S. economy has suffered a lot of damage in the current downturn and it's going to take time before it fully recovers.
The head of the Federal Housing Administration warned that raising down payment requirements or taking similar steps to limit the pool of eligible buyers for FHA-backed loans would hamstring a...
The House Trap
An analysis for The New York Times by the real estate information company First American CoreLogic shows there are 2.8 million active...
John Leland of the New York Times has an interesting story (today) about how option ARM’s have replaced subprime as the industry bad boy.
Highlights from the New York Times article:
Mr. Clavon,...
The following is an excerpt from Scott Van Voorhis’s article in the Banker & Tradesman:
The last thing downtown Boston needs is another ugly hole in the ground.
So it’s not surprising then that the Harvard Club, one of the city’s top civic...
Acidgalore likes looking at Back Bay condo ads:
……….Another lovely one, that you don’t want to miss on: A $2,150,000 condo, comes with a, – OMG, are you sitting down?- a Mini Cooper! Actually, it comes with a “MINI COOPER!!!” How exciting...
The FHA, which now controls an incredible 30 percent of the mortgage market, is looking to raise fees and possibly down payment requirements.
This is big. The FHA needs cash. Its reserves are dangerously low. But it’s also a critical part of a still...
The Daily Show With Jon Stewart
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<td style='padding:2px 1px 0px 5px;' colspan='2'Things Not to Be Thankful For - Silverdome, Goldman Sachs & Congressional Recess
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Boston resident Jen Burger took a photo of a live model at lingerie boutique Agent Provocateur’s storefront on Newbury Street yesterday. The model also shot pictures of passersby who looked in the window.
View the Boston Herald: Lingerie model at...