Realty.com Blog
Good News in Light of the Crisis
Posted October 6, 2008 by Realty.com Staff
Here are some breaks from the headline headaches in the property market.
The gravity of the economic crisis as spurned by the excessive lending in the property market has brought the unemployment rates in the highest level in seven years and factory orders in low numbers. As Wall Street gets more nervous with the Congress’ passing of the bail out plan, the Dow Jones keeps getting shaky. Surprisingly, there are still good things in the market and it…
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Countrywide Regrets Its Loan Modification Program
Posted October 6, 2008 by Realty.com Staff
The acquired lending institution settles its suspected excessive loan sales
After coming under fire, Countrywide Financial has found a way to settle its obligations. True to its claim that it has saved millions of Americans from dashed hopes of owning houses, it plans to provide $8.4 billion of…
McCain & Obama on Wall Street’s Downfall
Posted September 23, 2008 by Realty.com Staff
McCain and Obama attempt to address the latest in the country’s market crisis, but fall way short.
If the Wall Street crisis hasn’t gotten in your head yet, chances are, you’re dwelling…