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Fed Proposes Tougher Lending Rules

Builder Magazine Economic Outlook - Mon, 12/17/2007 - 23:00
Government continues to react to the turmoil in the mortgage market.
Categories: Industry News, Statistics

Builder Sentiment Holds Steady

Builder Magazine Economic Outlook - Mon, 12/17/2007 - 23:00
Noting that mortgage issues and excess inventory continue to impact home builders, the NAHB today announced that its Housing Market Index held steady in December, at a record-low of 19.
Categories: Industry News, Statistics

Gov. Schwarzenegger Set to Declare Fiscal Emergency

Builder Magazine Economic Outlook - Mon, 12/17/2007 - 23:00
With California facing a budget deficit of up to $14 billion, a shortfall caused largely by the subprime mortgage meltdown and subsequent housing slump, home builders in the state want to help the legislature get the housing industry moving again.
Categories: Industry News, Statistics

NAHB: Fannie Mae Piling On Fees

Builder Magazine Economic Outlook - Wed, 12/12/2007 - 23:00
The NAHB's top executive blasted mortgage lender Fannie Mae for the government-sponsored group's plan to impose a 25-basis-point surcharge on all new mortgages that it backs or purchases after March 1, 2008.
Categories: Industry News, Statistics

Mortgage Hotline Rings Off the Hook

Builder Magazine Economic Outlook - Tue, 12/11/2007 - 23:00
Last week, the Bush administration unveiled initiatives designed to battle the worsening mortgage crisis, including a voluntary interest rate freeze for subprime mortgages.
Categories: Industry News, Statistics

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