Freddie Mac Warns of Repurchase Demands for Insurance Deficiencies

Freddie Mac says it is seeing a “material increase” in mortgage insurer rescissions, cancellations, and denials of coverage. The GSE has issued a notice alerting

August 16, 2011 Banking

Call for Action: Protect the MID

Click here to send a letter telling your congressman to support legislation affirming the mortgage interest deduction. Government Affairs Headlines from

August 16, 2011 Real Estate News

Asian stocks gain as US deals lift sentiment

BANGKOK (AP) — Asian stock markets mostly inched higher Tuesday after a round of corporate deals on Wall Street lifted sentiment following last week’s gyrations.

August 16, 2011 Banking

Stocks rise for third day after acquisition flurry

NEW YORK (AP) — Stocks are having their longest rally since early July. A $ 19 billion corporate buying spree and encouraging economic news form

August 15, 2011 Banking

Up for Auction: A Malibu 10,000 Square-Foot Sand Castle

Sand castle on Billionaire Beach, going once, going twice!…I wonder how much it will sell for? The starting bid of $ 22 million alone is

August 15, 2011 Real Estate News

Google to buy Motorola Mobility for $12.5 billion

MOUNTAIN VIEW, Calif. (AP) — Google Inc. is buying cell phone maker Motorola Mobility Holdings Inc. for $ 12.5 billion in cash. It’s by far

August 15, 2011 Banking

REALTORS® Urge Congress to Approach GSE Reform Slowly

NAR today urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie Mac. Government Affairs Headlines from

August 15, 2011 Real Estate News

Daily news important as markets face volatile week

DETROIT (AP) — A little good news could bring some stability back to Wall Street this week as investors look for bargains amid chaos. Business

August 15, 2011 Banking
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