Tag: housing market collapse

  • Mortgage Refinance Boom Still a 'Once-in-a-Lifetime Opportunity'

    Mortgage Refinance Boom Still a 'Once-in-a-Lifetime Opportunity'

    There isn't much written about the issue in the national media, where the focus is on gun violence and fiscal cliffs, but the U.S. is in the midst of a mortgage refinancing boom that should continue well into 2013. According to the Washington, D.C.-based Mortgage Bankers Association's weekly applications... Continue Reading

  • Utah: State Scoops Up Unsold New Homes

    Utah: State Scoops Up Unsold New Homes

    Lots of banks are saddled with extra properties these days, thanks to risky loans and faulty practices. But in Utah, it was the state that did the risky lending, and has found itself the proud owner of what seems to be a suburban ghost town. Arizona-based developer SunCor worked out an unusual deal with the... Continue Reading