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Ten cities managing to weather the recession	3/8/2010 7:00 PM
Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.
NYT: Plan to pay homeowners to sell at loss	3/8/2010 2:41 PM
NYT: The Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
Pending home sales tumble amid winter woes	3/4/2010 10:20 AM
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.
Mortgage rates fall below the 5 percent mark	3/4/2010 4:57 PM
Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
Forbes: Where you can get ahead quickly	3/1/2010 6:42 AM
Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.
Government extends refinance program a year	3/1/2010 1:30 PM
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value.
Construction spending falls to 2003 levels	3/1/2010 9:10 AM
Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed.
Homebuyer credit not jolting housing market	3/1/2010 6:45 AM
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery.
Existing-home sales tumble 7.2 percent	2/26/2010 3:46 PM
Sales of previously occupied homes took a large drop for the second straight month in January. It was another sign the housing market's recovery is faltering.
Fannie Mae seeks $15.3 billion more in aid	2/26/2010 5:53 PM
Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.

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Yahoo! News: Business - Real Estate
Commercial delinquency lower than other mortgages (AP)	3/9/2010 1:41 PM
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
Glincher Realty alters credit facility terms (AP)	3/8/2010 5:40 PM
AP - Real estate investment trust Glimcher Realty Trust said Monday it has extended and changed its agreement for its $470 million unsecured credit facility with its lenders, including KeyBank National Association and Bank of America NA.
More work ahead on housing market: Treasury (Reuters)	3/8/2010 2:03 PM
Reuters - The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.
Treasury restates support for Fannie, Freddie (AP)	3/5/2010 3:51 PM
AP - The Treasury Department was forced Friday to reiterate its financial support for Fannie Mae and Freddie Mac after a key lawmaker rattled investors by pointing out that their debt does not enjoy the explicit guarantee of the federal government.
Lawmaker is working to improve loan modifications (AP)	3/5/2010 1:23 PM
AP - A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government's struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.
Payrolls data buoy job creation hopes (Reuters)	3/5/2010 3:46 PM
Reuters - U.S. employers cut fewer jobs than expected during snow-battered February and the unemployment rate held steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs.
Foreclosures Down The Road May Offer Investors Better Deals (Investor's Business Daily)	3/4/2010 5:06 PM
Investor's Business Daily - Housing markets rife with foreclosures can still present great deals for investors, but also stiff competition and pitfalls for the inexperienced.
Mortgage rates fall below 5 percent (AP)	3/4/2010 4:39 PM
AP - Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
California GOP U.S. Senate race focusing on . . . Israel? (McClatchy Newspapers)	3/4/2010 2:17 PM
McClatchy Newspapers - WASHINGTON — California is broke, its 12.1 percent unemployment rate is among the highest in the nation, housing prices have plunged, home foreclosures have skyrocketed and a drought is threatening the state's dwindling water supply. There also are plenty of other issues for would-be U.S. senators to debate, including the battered economy and a massive effort to overhaul the nation's health care system.
AIG units settle mortgage discrimination case (Reuters)	3/4/2010 1:59 PM
Reuters - Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.

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