Wachovia Unloads Troubled Loans

A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia.

Debt Costs Stoke Fears for Freddie

Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae.

Housing's Chill Hits Apartments

The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families.

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