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Briefing News
08-22-2008
Choosing the right agent and terms
Prospective home buyers and home sellers, unless they have chosen to sell their property themselves, rely heavily on the expertise of their real estate agents to navigate the complexity of transactions. Choosing the right agent can make the difference between a smooth experience and a roller-coaster ride. Read More
08-21-2008
Burdened by Mortgages, Lehman’s Options Narrow
As the stocks of Fannie Mae and Freddie Mac have plummeted, financial shares have taken a beating. But few have suffered as much as Lehman Brothers, the troubled investment bank whose stock plunged more than 10 percent on 11 days of the last quarter. Read More
08-21-2008
Some Fear Commercial Property Loans Will Be Next Stage in Downturn
Correction Appended As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm. Read More
08-21-2008
New Mortgage Requirements In NC Passed
RALEIGH - On Monday, Governor Mike Easley signed into law legislation that addresses the large number of mortgage foreclosures in the state. The new bills will require additional notice before houses can be foreclosed upon, ends rate spread premiums, and requires all mortgage lenders to register with the state. Read More
08-21-2008
Community banks bending (but not broken)
Real estate and recession are taking a toll, but strong capital is keeping industry afloat – so far Read More

 

 

 

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