Countrywide, Critic Join to Help Borrowers

Countrywide plans to work with a nonprofit on a program that would help borrowers avoid foreclosure.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/173788386/SB119313946484168303.html

Countrywide Unveils Plan to Assist Borrowers

Countrywide said it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rate is set to adjust by the end of 2008.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/173788386/SB119313946484168303.html

Commercial real estate still strong - CNNMoney.com

Commercial real estate still strong

WASHINGTON (AP) -- The excesses that led to a bust in the housing boom havent spread to the commercial real estate market, where the outlook is cautious ...

http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://money.cnn.com/2007/10/22/real_estate/bc.realestate.commercial.ap/%3Fpostversion%3D2007102207&cid=1122460954&ei=q5EcR6qiApKE0gHI3bzFCg

America's Richest Real Estate Billionaires - Forbes

Americas Richest Real Estate Billionaires
Forbes, NY - Oct 19, 2007
After all, becoming one of the countrys richest real estate investors seems to demand a certain type of proactive, ambitious and unwavering individual. ...

http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.forbes.com/forbeslife/realestate/2007/10/19/property-richest-investors-forbeslife-cx_kk_1019realestate.html&cid=0&ei=WKIbR8C2AaGcowL3kZWQCQ

Burned by Real Estate, Some Just Walk Away

More investors are making the drastic decision to walk away from their properties and ultimately send their homes into foreclosure. But this can leave credit scores and assets vulnerable to assault.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/171681079/SB119266868024662861.html

U.S. bubble bursts at best time

The bursting of the U.S. house price bubble is bad news, but it comes at the best possible time. The emergence of China and India and the slump in the dollar are keeping world growth up. That gives the US a chance of avoiding recession. Go to article...(read more)

http://communities.canada.com/nationalpost/blogs/tradingdesk/archive/2007/10/12/u-s-bubble-bursts-at-best-time.aspx

Capital One's Mortgage Chief Resigns

Capital One's home-loans chief is leaving the company amid the housing downturn. Capital One recently closed its other mortgage business, GreenPoint Mortgage.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168604274/SB119213284249856343.html

Countrywide Lending Plunges

Countrywide disclosed that total mortgage loans it made or acquired from other lenders last month fell 44% to $21 billion.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168421606/SB119210620581855929.html

Strip-Mall Vacancies Hit 7.4%

The strip-mall vacancy rate edged up to 7.4% in the third quarter, a 5-year high.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/167826059/SB119197598965354165.html

Countrywide Mortgage Funding Falls

Countrywide Financial said its September mortgage loan fundings fell 44% from a year earlier as the company was caught in the credit crunch. Average daily applications dropped 39%.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168421606/SB119210620581855929.html