In recent months, Americans have learned that their mortgage payments — kind of like their airline luggage — can go places they never would have imagined. A loan in, say, Sarasota, Fla., can be bundled with others and sold as a mortgage-backed security to an institutional investor in, say, Singapore.
This process helped generate a housing […]

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In these 10 spots, low inventory, new jobs and easier lending limits spell good times for sellers.
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MOST New Yorkers would greet the prospect of a $51,000 two-bedroom co-op in Chelsea with slack-jawed wonder, since the average price for an apartment in the city now exceeds $1.4 million.
They might react the same way to a three-story house in Park Slope priced at $255,000 or to a one-bedroom in a brand-new Harlem condominium […]

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WASHINGTON (Reuters) - The impact of the housing crisis is landing hardest among the nation’s poorest home owners, a study by a public interest advocacy group has found.
Initial estimates by the government and private researchers showed that subprime-related loans were clustered heavily in a handful of states.
The new report from the Bread for the […]

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Senate Republicans this week thwarted efforts by their Democratic counterparts to vote on a housing stimulus bill that President Bush said would “bail out lenders and speculators.”
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WASHINGTON - Congressional Democrats are turning to more populist, economic themes like mortgage foreclosures and big oil companies’ profits now that military progress in Iraq is generating mixed political reviews.
Even when they talk about the war, Democrats often highlight its drain on the economy. One top senator called the new emphasis “a turning point […]

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Look here if you’re willing to pull yourself up by your bootstraps.
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BusinessWeek
For instance, at Washington University in St. Louis, a graduate-level real estate finance course used a case study on how sophisticated debt instruments …
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