M and T profits rise by 7pc for Q2
M and T – has posted a 7pc rise in profits for its second quarter to USD 197m. The Irish bank owns 22pc of the US group.
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Short Course: Pledged-asset mortgage (Detroit News) A pledged-asset mortgage is a bit like buying a house "on margin." Borrowers put investments into an account that acts as collateral for a full mortgage.via
Mortgage applications show small rise (NZPA via Yahoo!7 Finance) A small rise in mortgage application figures released by credit information provider Veda Advantage is being viewed as a "hint" of some stability in the housing market.read more...
Banks profit from strong credit climate This was supposed to be the year that loan-loss provisions began piling up again, forcing Canadian banks to wean themselves off an unusually benevolent credit cycle and look elsewhere for
Consumers Slow to Go Green When it comes to going green in home building, consumers often talk the talk, but would rather have granite countertops than extra insulated walls.read more...
Fort Pierce will raze Hutchinson Island properties (Reg Req'd) FORT PIERCE , A Boca Raton developer wants to turn a piece of condemned beachfront property into luxury condominiums , a move that might mark the beginning of what's to