The Definition of "Qualified Residential Mortgage" is About to Define the Industry
As the gatekeeper for exemptions to costly rules for mortgage-backed securities, a new standard for which mortgages are "good" is about to be set.
The Global Recession Will Delay A Recovery For U.S. Housing
Experts say that the world’s financial storm will continue for some time to come.
Unemployment Rate Rises, Job Losses Mount
U.S. job losses hit 1.2 million for first 10 months of 2008, which bodes ill for housing demand.