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Montello launches £250m Real Estate Opportunity Fund
Montello has joined up with global real estate and fund professionals CBRE which will act as transaction manager, while Luxembourg Fund Partners and Apex Fund Services are assisting with the operation and administration of the Fund. The Fund is audited 

The Visible Edge Of Economic Reason [SPDR S&P 500 ETF Trust, PowerShares ...
It's that day of the month when the apex of silly attention gets focused on the BLS. Just in time to directly contradict the FOMC's "careful" What is more likely, particularly given any number of parallel economic accounts, that the economy has a

Apex Mortgage | Raleigh Mortgage | Durham Mortgage | NC Mortgage | NC VA Loan | (919) 395-8624 - (919) 395-8624 NC Mortgage 505 Clyde Farrell Road #2 Apex 27523 United States (919) 459-6512 http NC Mortgage provides Apex ...

October mortgage delinquency rate reaches 18-year low

The foreclosure inventory rate, measuring loans in some stage of foreclosure, remained in its holding pattern of 0.5% since April and inched down by 0.1 percentage point from a year ago. The serious delinquency rate dropped to 1.5% from 1.9% year-over-year, marking the lowest level for any October since 2006.

The share of mortgages that transitioned from current to 30 days past due decreased to 0.8% in October from 1.1% the year prior. Just before the housing crisis, the transition rate was 1.2% in January 2007 and reached an apex of 2% in November 2008.

Despite October being a positive month for borrowers nationwide, 18 metro areas experienced increases in delinquency rates. Of them, seven were in either North Carolina or South Carolina — a continued impact from Hurricane Florence.

"While the strong economy has helped families stay current and push overall delinquency rates lower, areas that were hit hard by natural disasters have seen a rise in loan defaults," Frank Nothaft, chief economist for CoreLogic, said in a press release.

When do you think the mortgage crisis will reach its apex?

With 65,000 and still counting, how many more will lose their jobs to the mortgage crisis?

2 of the 13 largest lending companies have already filed for bankruptcy.

Who should be held accountable?

BOTH. it's so distressing cause I bought my house a year and a half ago and now the market dropped and it's worth 30 thousand less (all the money i saved to put into a down payment is gone) but when I signed my contract, i KNEW what it meant.