Next Article in IBD Editorials » - Investors Business Daily
In the mid-1990s, Bill Clinton added a "Trillion Dollar Commitment" to give homes to 10 million poor Americans, then juiced up Jimmy Carter's Community Reinvestment Act to pressure banks to lend to the unqualified in the name of social and racial

Jumbo Loans Get Cheaper, But It’s Still Tough to Qualify - Wall Street Journal
The high-end of the housing market has suffered from a lack of buyers for million-dollar-and-up homes in the last year. One big reason is that it’s harder to get a mortgage that isn’t backed by a government-related entity, and the loan limits on

Million-dollar home sales take a dip - Denver Post
Sales of million-dollar homes in the Denver area dipped slightly in March, while the median sale price was up fractionally month-over-month, according to a recently released analysis by Coldwell Banker Residential Brokerage. A total of 34 homes sold

Million-dollar homes are falling prey to foreclosure - USA Today
Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes — priced at more than a million dollars — have been falling into the hands of banks this year. Foreclosures

Datacasting loses its million-dollar niche - Sydney Morning Herald
It seems counterproductive to remove these digital TV services from Sydney viewers at a time when the government is encouraging homes to transition to digital TV,'' he said. The loss of the licence means there are no remaining datacasting licensees.

Luxury homes not immune to short sales - AZCentral.com
widespread use of short sales as an alternative to foreclosure, Valley real-estate agents said there has been a clear trend toward luxury homes, even those in the multimillion-dollar price 700,000 to more than $3 million. "Short sales and

Number of Homes with Negative Equity Flat - Structured Finance News
The number of mortgaged homes with negative equity fell slightly in the first quarter to 11.2 million units, according to figures compiled by CoreLogic The aggregate dollar value of negative equity for these deeply underwater borrowers was $656

Girlie indulgence at the Downs - Stuff
He is shedding any reputation of a stuffy golf club for stuffy men and seeking every opportunity, including outdoor music festivals and a plan to develop multi-million dollar homes. These mansions would be tucked down by the Rakaia Gorge for the