Wallace Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Regional Headlines

• Recovery takes long-term approach

  Friday | via The Tribune 

  It's been six weeks since floodwaters inundated Jackson County and much of central and southern Indiana, leaving behind a path of costly destruction and scores of homeless residents.

  Comment?

  Related Topix: Bartholomew County, IN, Seymour, IN, Indiana, Home, Mortgage

• Group may go to court to halt foreclosure sales

  Monday Jul 14 | via WNDU-TV South Bend 

  A national housing activist group is threatening legal action to force Lake County's sheriff to halt the sale of foreclosed properties. 4 comments

  Related Topix: Foreclosures, Indiana

• Dow wobbles but regains feet

  Friday Jul 11 | via IndyStar.com 

  Fears that the nation could slip into recession and drag down Indiana stirred on Friday after oil prices soared on war worries and a key stock market index reeled over concerns about mortgage giants Fannie Mae ...

  Comment?

  Related Topix: Financial Markets, Ben Bernanke, Home, Mortgage, Mortgage, Personal Finance, Indiana

• Central Indiana home sales remain weak in June

  Friday Jul 11 | via The Indianapolis Star 

  Home sales in the Indianapolis area remained weak in June, falling almost 20 percent over the same month a year ago.

  Comment?

  Related Topix: Indiana, Indianapolis, IN, Housing, Central, IN, Real Estate, Hendricks County, IN

• Many Indiana mortgage brokers face license loss

  Thursday Jul 10 | via Tribune/Sunday Ledger Tribune 

  More than two-thirds of Indiana's mortgage brokerage companies could lose their licenses under a new state law - causing headaches for some potential homebuyers.

  Comment?

  Related Topix: Indiana, Home, Mortgage, Mortgage, Personal Finance, Jeffersonville, IN

National Headlines

• Obama on Afghanistan...Paulson on banks...Storm update...

  12 hrs ago | via KXMB-TV Bismarck 

  Obama on Afghanistan...Paulson on banks...Storm update KABUL, Afghanistan Barack Obama says the United States, NATO and Afghanistan must do more to fight the Taliban and al-Qaida. Among other things, the ...

  Comment?

  Related Topix: World News, Kabol, Afghanistan, Afghanistan, Kabul, Afghanistan, US Politics, US News, Barack Obama, Asia, Home, Mortgage, Weather, Junction City, CA

• Brown pledges aid to Palestinians, calls for settlement freeze

  15 min ago | via The Daily Star 

  OCCUPIED BETHLEHEM: British Prime Minister Gordon Brown on Sunday pledged new aid to the Palestinians and called for a freeze on Israeli settlement building to bolster the Middle East peace process.

  Comment?

  Related Topix: Home, Mortgage, World News, Palestinian Territories, Middle East, Israel

• Words from the

  20 min ago | via Safehaven 

  "The end is neigh" was what many despondent investors were starting to believe as the past week kicked off with volatile trading amid concerns that US regional bank IndyMac's demise was a harbinger of many more ...

  Comment?

  Related Topix: Freddie Mac, Financial Services, Fannie Mae, Home, Mortgage, Mortgage, Personal Finance

• Treasury Chief Sees 'Months' of Hard Times

  24 min ago | via ABC News 

  The Associated Press 2 comments Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• US Treasury Secretary: Economic Fundamentals are Sound

  26 min ago | via Voice of America 

  The Bush administration says the U.S. economy will continue to experience slow growth in the months ahead, but is fundamentally sound.

  Comment?

  Related Topix: Foreclosures, Washington, DC, Housing, Home, Mortgage, Mortgage, Personal Finance