Archive for July, 2011

Friday July 29, 2011 05:10

S&P report: US home prices seeking bottom

Linda Young – AHN News Writer New York, NY, United States (AHN) – Although home prices were up slightly in May, the major markets showed a negative growth when compared to a year earlier, according to the S&P/Case-Shiller report. The S&P/Case-Shiller 20-City Composite was down 4.5 percent while the 10-City Composite was down 3.6 percent [...]

Vittorio Hernandez – AHN News Manhattan, NY, United States (AHN) – Deutsche Bank sought the dismissal of a $1-billion U.S. lawsuit filed by the U.S. government against the largest German bank and its mortgage unit. Deutsche Bank, in a court filing, said the lawsuit failed to state the basis for holding Deutsche Bank liable for [...]

Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Despite the mortgage meltdow, credit crisis and recession, about 90 percent of Americans still dream of owning a home, according to a survey released on Wednesday. The value of owning a roof over one’s head is seen in the 45 percent response of [...]

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