>NAR: Existing-Home Sales Inch Up in November
Existing-home sales rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier this year.
>Senate Passes FHA Reform Bill
The FHA Modernization Act of 2007, passed Friday by the U.S. Senate, would give borrowers a safer alternative to riskier mortgage products while also helping many home owners who may be facing foreclosure, according to the NATIONAL ASSOCIATION OF REALTORS®.