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Head Of Sub-Prime Mortgage Unit Goes Bankrupt (CBS 2 Los Angeles)  People's Choice Financial Corporation, which operates a sub-prime mortgage unit, filed for Chapter Eleven bankruptcy protection today in Santa Ana.read more...


As New-Home Market Slackens, Economists Counsel Architects Not to Panic  Architects and others who make their livings in the residential construction market may wish to put off buying that Mercedes for a while, according to findings in a report issued


U.S. housing sales slow as mortgage debt grows (The Post and Courier)  WASHINGTON-Americans continued to load up on mortgage debt last year, even though the housing market was stalling, according to Federal Reserve data released last week.read more...


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hope Star)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans


Mortgage approvals down 43 percent year-on-year (Reuters.co.uk)  LONDON (Reuters) - Mortgage approvals in November steadied just above the record low hit in the previous month -- but were still more than 40 percent down on a year


Dining Lessons for the Corporate World  Associated Press Dining Lessons for the Corporate World 04.26.2005, 12:22 AM Inside a tiny banquet room with sunset views of a New Jersey highway, a group of Rutgers University students

July 15th, 2005

Job growth fails to explain soaring home prices

In his first major policy address as President Bush’s chief economic adviser, former Fed Gov.

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