Sales of new homes rocketed up 27 percent in March
Thursday, March 17th, 2011Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the country, according to federal data released Friday.
Arizona No. 4 for mortgage fraud
Thursday, March 17th, 2011Arizona now ranks fourth for mortgage fraud nationally. It’s the first time the state has cracked the top five for the problem, according to data released this week from the Mortgage Asset Research Institute.
One Firm Refused to Aid a Goldman C.D.O. Plan
Thursday, March 17th, 2011A little-known investment firm has found itself caught up in the Securities and Exchange Commission’s fraud case against Goldman Sachs, The Wall Street Journal reported.
U.S. Role in Mortgage Market Grows Even Larger
Wednesday, March 16th, 2011The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.
Pending Sales of Existing Homes in U.S. Rose 5.3% in March
Wednesday, March 16th, 2011More Americans signed contracts in March to buy previously owned homes before the expiration of a tax credit that helped support the housing market.
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