It will be back, but mortgages to riskier borrowers will look much different
The next generation of subprime mortgages, however, will look much different than the loans issued during the height of the housing boom in the first half of the decade that are now causing so much trouble, mortgage professionals say.
“So long as we […]

During the height of Las Vegas’s real-estate boom two years ago, property investor Rob Rozzen bought 16 homes, hoping that skyrocketing prices would pump up his retirement nest egg.
Now, Mr. Rozzen says he is considering filing for bankruptcy protection. As the housing market slowed, the 40-year-old was unable to sell the homes, and his […]

During the boom years, books about striking it rich in real estate, as well as designing and decorating our abodes, were stacked up in bookstores like bricks. Now that the party is long over, more sober assessments on our national obsession with shelter are hitting the shelves.
“Craving Community: The New American Dream” by Todd W. […]