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New Jumbos Slow To Take Off; Can Better Rates Help Them Fly? (Investor's Business Daily via Yahoo! News)
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Real estate in high-priced areas is finally becoming a little easier to buy or refinance, thanks to the jumbo conforming loan program approved by Congress in February.
 
New Jumbos Slow To Take Off; Can Better Rates Help Them Fly? (Investor's Business Daily via Yahoo! Finance)
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Real estate in high-priced areas is finally becoming a little easier to buy or refinance, thanks to the jumbo conforming loan program approved by...
 
Fitch Rates Maine HHEFA $107MM Rev Bonds, Series 2008 A 'AA/F1+' (Centre Daily Times)
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Fitch Ratings assigns an 'AA/F1+' rating to the $107,125,000 Maine Health & Higher Educational Facilities Authority (HHEFA) revenue bonds, series 2008 A. The long-term 'AA' rating is based on the higher of the 'AA-' rating assigned by Fitch to KBC Bank, NV, which provides a direct-pay letter of credit (LOC) securing the bonds, and the 'AA' underlying rating assigned by Fitch to the bonds on May ...
 
Wisconsin's budget passes Assembly, heads to Doyle (The Capital Times)
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Gov. Jim Doyle now gets his chance to change a bill intended to fix the state's $527 million budget shortfall. The budget bill cleared the Republican-controlled Assembly on Wednesday, the day after it passed the Democratic-led Senate. Doyle is expected to issue his vetoes within days. He's already said he's unhappy with major parts of the plan, including a $125 million delay in school aid ...
 
Fitch Rates Maine HHEFA $107MM Rev Bonds, Series 2008 A ´AA/F1+´ (wallstreet:online AG)
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Fitch Ratings assigns an ´AA/F1+´ rating to the $107,125,000 Maine Health & Higher Educational
 
Detroit contractor pleads guilty to embezzlement (Detroit News)
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DETROIT -- A city contractor who was implicated but never charged in bribery cases involving Detroit and Wayne County officials is to be sentenced Aug. 25 after he pleaded guilty in federal court Thursday to embezzlement.
 
Jumbo loans still difficult to get (The Nashua Telegraph)
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Higher loan limits, set by the federal government as part of an economic stimulus package early this year, were supposed to make jumbo loans more affordable in expensive housing markets. ...
 
Jumbo loan rates finally decline (Bankrate.com via Yahoo! Finance)
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The interest rates for jumbo mortgage loans are coming down, but standards for qualifying are much tighter.
 
Pearlstein: Housing Legislation (Washington Post)
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Washington Post business columnist Steven Pearlstein was online Wednesday, May 14, at 11 a.m. ET to discuss the Congressional proposals to rescue homeowners at risk of foreclosure.
 
Budget fix heads to governor (The Appleton Post-Crescent)
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MADISON Gov. Jim Doyle now gets his chance to change a bill intended to fix the states $527 million budget shortfall.