Treatment for the Sick St. Lucie River Is Still a Long Way Off
Banks Pay the Price for Investors' Mortgage Bets (NPR) Major banks are suffering enormous losses on investments tied to home mortgages. For years, Wall Street made handsome returns betting on mortgage-backed securities. But those securities are opaque and contain
Further Evidence of Credit-Risk Crossover by GSEs Before the accounting scandals Freddie Mac was considered more averse than Fannie Mae to taking credit risk and less enthusiastic about increasing homeownership.via
Mortgage lender enters Tri-State market (BizJournals) A national mortgage lending company has opened its first Ohio branch office in Symmes Township.read more...
Fixed rates rise sharply Mortgage rates spiked this week, even as the real estate outlook grew more dismal.read more...
House Passes National Flood Insurance Reform The National Association of Mutual Insurance Companies commends the House of Representatives for seeking swift action to reform the National Flood Insurance Program .read more...
UPI NewsTrack Business The U.S. gross domestic product grew just 3.1 percent in the first quarter of 2005, the slowest growth in two years and below expectations.via