Where home prices are headed next

Six trade groups representing lenders said parts of the Senate housing bill are too restrictive and will expose lenders to lawsuits.

June 17, 2008: 6:08 PM EDT

WASHINGTON (AP) -- Mortgage industry and business groups are urging lawmakers to drop pieces of a housing bill they say would be too restrictive on lenders.

Six trade groups on Tuesday told lawmakers ... more

Equity in Americans’ homes falls to historic low

Drops to 46.2 percent in first quarter — level not seen since end of WWII

NEW YORK - The equity Americans have in their most important asset — their homes — has dropped to its lowest level since the end of World War II.

Homeowners’ portion of equity slipped to 46.2 percent in the first quarter from a revised 47.5 percent in the previous quarter. That was the fifth quar ... more

LDA initiates land audit of approved housing societies

LAHORE - The Lahore Development Authority (LDA) has initiated land audit of all the approved housing schemes after finding massive irregularities including sale of plots allocated for educational institutions, hospitals, parks and graveyards. The authority has also launched an 'action plan' to identify illegal housing schemes in the City.

The LDA has approved more than 200 housing ... more