| May 17, 2011 2:10PM The New York Time and the Associated Press are reporting that the New York State Attorney General, Eric Schneiderman, is quietly investigating three major American banks and their role in the mortgage securities market prior to the housing crash. Gretchen Morgenson writing in the Times says that Bank of America, Goldman Sachs, and Morgan Stanley have been asked for information and documents and Schneiderman's office has requested meetings with bank representatives. Morgenson gathered her information... May 17, 2011 9:30AM The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for April 2011. Housing Starts data estimates how much new residential real estate construction occurred in the previous month. New construction means digging has begun. Adding rooms or renovating old ones does not count, the builder must be constructing a new home (can be on old foundation if re-building). Although the report offers up single family housing, 2-4 unit housing...
 | 
