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Real Estate News Blog; May, 2007 Archive

GMAC profit hurt by mortgage unit

By Art C Ryter at 05/03/07 18:46

General Motors made profit off of financing cars, but lost more money financing houses in the market soured by subprime mortgages and increasing foreclosures.

Original source: . GMAC profit hurt by mortgage unit

Tags: real estate • finance • subprime mortgages • foreclosure •
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Foreclosure: an auction adventure

By Art C Ryter at 05/03/07 18:46
Narrates the rigmarole that one lady goes through to find, vet out, and bid on a foreclosed house. Foreclosure auction procedures vary between cities and counties, and among the States. No foreclosure help here, unless that is you are looking to buy a forclosure from the government.

Original source: . Foreclosure: an auction adventure

Tags: foreclosure refinance • real estate • forclosure • foreclosure •
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