Bank of America is seeking to foreclose on a 17.1-acre site in southern Miami-Dade County that was planned as a residential community by Miami-based Precious Homes.
Mortgage rates continue to fall CNN, 04 December 2008
Mortgage rates fell this week, reaching levels not seen since January, as the government steps up its efforts to aid the ailing housing market.Lower mortgage rates aren't the answer CNN, 04 December 2008
The government finally realizes that it has to address the problems in the housing market. Unfortunately, it seems officials are considering going at it the wrong way.Bernanke: More foreclosure help needed CNN, 04 December 2008
Federal Reserve Chairman Ben S. Bernanke endorsed more aggressive action to prevent home foreclosures today, including steps that would involve new uses of government funds to try to keep more Americans in their homes.
Plan to Bust Mortgage Logjam Fox News, 04 December 2008
Treasury Department considering proposal that would create 'mother of all re-fi booms' with lowest rates since early '60sBank-to-bank lending eases CNN, 04 December 2008
Bank to bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected.Bernanke pushes for more action to cut foreclosures 04 December 2008
Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, ...
2 European central banks slash rates CNN, 04 December 2008
Two European central banks slashed key interest rates Thursday in attempts to stem the recession.