CNN has been circling the drain for quite a while now, hanging on to its last, tattered vestiges of credibility like it hangs onto Asian airline disaster stories. The latest attempt at housing news has all the nutritional value of a White House approved school lunch.
After the Senate voted 61-37 Tuesday afternoon to approve its $838 billion version of President Obama's economic stimulus bill, House-Senate negotiations were immediately underway -- stretching late into Tuesday night -- and there now appears to be a deal in the works to finalize the legislation.
Negotiators are expected to emerge from closed-door meetings later Wednesday and gather in a public session to sign off on a compromise bill, tentatively holding a price tag of $790 billion, that would then be sent to the full House and Senate for final approval.
Moody's Economy.com told MSNBC in an interview that Q1 2007 was the worst ever for delinquencies. EVER. HW is attempting to discuss the matter with Moody's representatives and will hopefully have more in-depth information for our readers.
Mere stats don't tell the real story of these outstanding leaders. They represent the whole spectrum of the housing economy, from real estate agents to originators to nonprofits. They lead companies, mentor others and give back to their communities. Read on to find out how each one is inspiring..
HousingWire covered the introduction of Costco into the mortgage lending space and it made the industry nervous. Lenders openly asked each other at conferences, “Who will be next? Google, Apple?” Well, that never happened. Here's the story why, in long-form feature. Read More
From both an operational and regulatory standpoint, the industry continues to progress as new technological advancements are made and new regulations and policies are implemented. While it is important to change with the times, it is equally important to define and maintain the very essence of your company’s own core vision and values, so that you can succeed regardless of the inevitable changes the industry will undergo. Read More