Builders in the U.S. turned more pessimistic in July than forecast, a sign the expiration of a government tax credit will depress home construction.
The National Association of Home Builders/Wells Fargo confidence index dropped to 14 this month, the lowest level since April 2009, from 16 in June, data from the Washington- based group showed today. [...]
Posts Tagged ‘mortgage lenders’
Homebuilder Confidence in U.S. Falls to One-Year Low
July 19th, 2010 by HardMoney Writer
Tags: foreclosure, home sales, homebuilder, leading economist, lenders, mortgage lenders, mortgages, tax credit, us unemployment, Wells Fargo
more...Hard Money Lending Booms in Tough Economy
July 12th, 2010 by HardMoney Writer
Hard money lenders, where the downtrodden and desperate seek money are having a field day in the current tough economy, reaping huge profits from clients, most of whom are just trying to get by from day to day.
The real estate market has been hit hard and many conventional mortgage lenders, including nearly 400 banks and [...]
Tags: economy, Fannie Mae, Financial Markets, foreclosures, Freddie Mac, global economic, hard money lender, hard money lenders, Hard Money Loans, hard money news, investments, mortgage lenders, mortgage loan, mortgages, real estate, real estate market
Judge signs claims motion
December 10th, 2009 by HardMoney Writer
The business was run by Polson businessmen Keith Kovick and Bob Congdon.
Last week, Helena District Court Judge Kathy Seeley signed a motion approving a claims submittal process that will allow investors to work toward recovering funds lost in the alleged scheme.
The process lays out a paperwork procedure beginning with a form (printed fully [...]
Tags: hard money, hard money lenders, hard money lending, investors, Montana Commissioner of Securities and Insurance, mortgage lenders, mortgage lending, Securities Commissioner
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