Local high-tech company to expand
A Carson City company that makes amplifiers and motion controllers for robotics plans to expand and build two rental units.
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'Mortgage foreclosure rescues' cost some their homes (Minnesota Public Radio) Hundreds, possibly thousands of Minnesota homeowners who have fallen behind on their mortgage payments have become victims of a controversial lending practice known as a mortgage foreclosure rescue.read more...
Official: Growth to Be Slower Federal Reserve Chairman Ben Bernanke said Wednesday the economy has emerged from its anemic spell, but overall growth for the year will be lower than expected. Inflation remains the chief
Asian Markets Strong in 2007 "If (the U.S. economy) can hold, then we should be reasonably intact" Asian stock markets had a strong, if volatile, year with China leading the pack as investors bet
Rate fears drive down mortgage sales, values INTEREST rate fears have driven down home lending by 30 per cent, while also shrinking the average size of mortgages, new figures show.Commentread more...
KeyCorp Looks to Sell Champion Mortgage (AP via Yahoo! Finance) KeyCorp is looking to sell its lending subsidiary Champion Mortgage, the financial services company said Tuesday. KeyCorp acquired Champion, based in Parsippany, N.J., in 1997. It offers mortgages and
Home Sales Jump Unexpectedly in Feb. Sales of existing homes rose in February by the largest amount in nearly three years, but worsening troubles in subprime mortgages were viewed as a roadblock to a full-fledged rebound.Commentread