Mortgage

Mortgage

Comprehensive Mortgage Reform and Anti-Predatory Lending Legislation Introduced in the House

Washington, DC, October 22, 2007 - Reps. Brad Miller (D-NC), Mel Watt (D-NC) and Barney Frank (D-MA) today introduced comprehensive legislation to combat abuses in the mortgage lending market, and to provide basic protections to mortgage consumers and investors. The bill, H.R. 3915, the “The Mortgage Reform and Anti-Predatory Lending Act of 2007” will reform mortgage practices in three areas.

Census Bureau Tip Sheet: Home Equity Lines of Credit – Who Uses This Source...

Home Equity Lines of Credit --- Who Uses This Source of Credit? -- This report profiles single-family homeowners who used home equity lines of credit in 2001 and compares them to their counterparts from 10 years earlier, including age, home value, mortgage, age of home, number of loans for home improvements and proportion of people using home equity for debt consolidation.

August Existing-Home Sales Fall on Temporary Mortgage Problems

WASHINGTON, Sept. 25 /PRNewswire-USNewswire/ -- Existing-home sales fell in August when mortgage availability problems were peaking, according to the National Association of Realtors(R)

Despite Mortgage Woes, Subprimes Serve Purpose

COLLEGE STATION, TX – High-risk home mortgages are facing national scrutiny thanks to the recent rise in subprime foreclosures, but a noted research economist with the Real Estate Center at Texas A&M University is coming to their defense.

Mortgage Problems to Dampen Home Sales in the Short Term

WASHINGTON, Sept. 11 /PRNewswire-USNewswire/ -- Tighter credit for home mortgages will measurably dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008, according to the latest forecast by the National Association of Realtors(R).

Business Real Estate Press Releases

Multi-Tenant Retail Property

Hanley Investment Group Arranges Sale of Newly Constructed Multi-Tenant Retail Property...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a 6,777-square-foot new construction multi-tenant retail pad building occupied by The Coffee Bean & Tea Leaf (with drive-thru), Chipotle, Jersey Mike’s Subs and WaBa Grill at 13916 Garvey Avenue in Baldwin Park, Calif.

Recent Gov & Nonprofit Real Estate Press Releases

Financial Services Committee

An Overview of Homelessness in America

The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness