Home buyers: Don't forget interest (Seattle Post-Intelligencer) bi2330360 Some local real estate professionals say rising mortgage rates coming weeks and months could wipe out any benefit from lower selling prices; others say people shouldn't focus too much on short-term rate fluctuations

Washington Mutual to end 2 complex mortgage types (INO News) bi2330360 (AP:SEATTLE) Washington Mutual Inc. said Wednesday would stop offering two types of complex mortgage products, the latest change to mortgage business intended to help recover from the mess the mortgage and credit markets

Washington Mutual ending two mortgage types (MSNBC) bi2330360 Washington Mutual Inc. said Wednesday would stop offering two types of complex mortgage products as part of a shift mortgage business

FHA loans become more attractive (Seattle Times) bi2330360 Many attribute FHA's growth spurt part to federal legislation that has temporarily raised the FHA loan limits nationwide, broadening the number of people who can use these loans. In the Seattle area, the limit now capped at $567,500, up from $362,790

Home buyers: Don't forget interest (Seattle Post-Intelligencer) bi2330360 Some local real estate professionals say rising mortgage rates coming weeks and months could wipe out any benefit from lower selling prices; others say people shouldn't focus too much on short-term rate fluctuations

Online-only letters (Seattle Times) bi2330360 No greater yields genetically engineered crops Editor, The Times: The New York Times article on the problems facing Indian farming..

Office market sees rent growth evaporating (Reuters via Yahoo! News) bi2330360 U.S. office rent growth stalled the second quarter and vacancies crept up, a trend that could portend rising loan defaults the commercial real estate market, according to a report by real estate research firm Reis

Office market sees rent growth evaporating (Reuters via Yahoo! Philippines News) bi2330360 By Ilaina Jonas..

Countrywide shareholders approve takeover by BofA (AP via Yahoo! News) bi2330360 Countrywide Financial Corp.'s shareholders cleared the way Wednesday for the company to be taken over by Bank of America Corp., even as officials two states filed lawsuits claiming the distressed mortgage lender misled borrowers taking on risky home loans

Countrywide shareholders approve takeover by BofA (San Francisco Chronicle) bi2330360 Countrywide Financial Corp.'s shareholders cleared the way Wednesday for the company to be taken over by Bank of America Corp., even as officials two states filed lawsuits claiming the distressed mortgage lender misled borrowers taking on risky home..

Jerry Brown Files Lawsuit Against Countrywide; Shareholders Approve BofA Take bi2330360 Countrywide Financial Corp.'s shareholders cleared the way Wednesday for the company to be taken over by Bank of America Corp., even as officials two states, including California, filed lawsuits claiming the distressed mortgage lender misled borrowers taking on risky home loans. The deal expected to close July 1

Countrywide faces new litigation as shareholders vote on Bank of America take bi2330360 LOS ANGELES - Countrywide Financial Corp., America's biggest mortgage lender, engaged "unfair and deceptive" practices, according to a lawsuit being filed by the attorney general of Illinois

Office market sees rent growth evaporating (Reuters via Yahoo! News) bi2330360 U.S. office rent growth stalled the second quarter and vacancies crept up, a trend that could portend rising loan defaults the commercial real estate market, according to a report by real estate research firm Reis

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