Goodman seeks release from house arrest

PALM BEACH, Fla., May 15 (UPI) -- An attorney for polo mogul John Goodman said he asked a Palm Beach judge to remove his client's ankle monitor and release him from house arrest.

Experts: Housing not ready for comeback

WASHINGTON, Jan. 3 (UPI) -- The U.S. housing market is not likely to change abruptly in 2012, economists and industry analysts said.

Stolen guitar found 2,000 miles away

CANNON FALLS, Minn., Sept. 21 (UPI) -- A Minnesota man said a vintage guitar stolen eight years ago was found 2,000 miles away in California when a man put it up for sale on eBay.

U.S. foreclosure starts rose, MBA says

WASHINGTON, March 6 (UPI) -- The Mortgage Bankers Association reported Thursday that mortgage delinquencies in the United States climbed sharply in the fourth quarter of 2007.

U.S. loan foreclosures set record

CHICAGO, Dec. 6 (UPI) -- U.S. loan foreclosures set a record in the third quarter, the Mortgage Bankers Association said Thursday in its quarterly delinquency survey.

House 'flipping' flips to foreclosure

WASHINGTON, June 15 (UPI) -- Housing speculators who bought then walked in the U.S. Sun Belt pushed the foreclosure rate on prime mortgage loans to a record high, an industry group said.

Mortgage delinquencies on the decline

WASHINGTON, March 17 (UPI) -- The delinquency rate for mortgage loans in the fourth quarter of 2004 fell 26 basis points from a year ago to 4.23 percent, an industry group said Thursday.

Maryland Sen. Sarbanes to retire

BALTIMORE, March 11 (UPI) -- U.S. Sen. Paul Sarbanes, D-Md., Friday announced he would not seek a fifth term. Sarbanes has served as Maryland's senator since 1977 -- the longest term for a U.S. senator in the state's history.

Commercial mortgage loans going strong

WASHINGTON, Nov. 18 (UPI) -- Mortgage loans for commercial properties rose 15 percent in the third quarter from a year ago, the Mortgage Bankers Association said Thursday.

U.S. mortgage originations stronger

WASHINGTON, Aug. 27 (UPI) -- Mortgage loan originations continued to rise in the second quarter for both commercial and multifamily real estate, the Mortgage Bankers Association said Friday

Mortgage Bankers cut outlook

WASHINGTON, May 20 (UPI) -- The U.S. Mortgage Bankers Association Thursday cut its 2004 mortgage originations forecast by $200 billion due to anticipated interest rate hikes.

Survey says delinquent payments down

WASHINGTON, June 20 (UPI) -- More homeowners seemed to pay their mortgage payments on time this quarter, a survey revealed Friday.

Analysis: Houses without foundations

"I live in the San Francisco Bay area. Unfortunately for me, I still don't own a home. However, if I could afford one, I wouldn't buy now."
IAN CAMPBELL, UPI Chief Economics Correspondent

Washington Agenda-General

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Md. boy latest victim in DC-area shootings

WASHINGTON, Oct. 8 (UPI) -- President George W. Bush promised more resources for a murder investigation in the Washington suburbs on Monday, as federal authorities linked the shooting of a 13-year-old boy to sniper attacks over the past six days -- bringing the total number of victi

13-year-old boy shot in Maryland

WASHINGTON, Oct. 7 (UPI) -- A 13-year-old boy was shot and critically wounded Monday outside of a middle school in Prince George's County, Md. Police from neighboring Montgomery Country, w

New D.C. area shootings might be linked

WASHINGTON, Oct. 4 (UPI) -- A woman was shot in a parking lot outside a store in northern Virginia near Washington, D.C. Friday afternoon, in an attack strikingly similar to the murders of five people in a nearby Maryland suburb Wednesday and Thursday.

Washington Agenda-General

By United Press International

Global View: Housing--the new bubble

QUERETARO, Mexico, June 28 (UPI) -- A bubble is deflating, Global View argued a week ago. That is why 40-year-low interest rates are struggling to revive the U.S. economy. So what can be done? Well, why not come up with another bubble?
IAN CAMPBELL, UPI Chief Economics Correspondent

Washington Agenda-General

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Commentary: Tin-eared government

WASHINGTON, Dec. 18 (UPI) -- For most of the last 25 years, the central debate in American politics has been over the size and scope of the federal government.
PETER ROFF, UPI National Political Analyst