Mortgage lender files for Chapter 11 (The Salt Lake Tribune) LOS ANGELES - New Century Financial, once the nation's second-largest provider of home loans to high-risk borrowers, filed for bankruptcy protection on Monday, the victim of its own financial missteps
High-risk Mortgage Foreclosures Likely to Rise (The Online NewsHour) U.S. Federal Reserve Governor Susan Bies has said she anticipates an even higher level of mortgage default rates in the coming months on loans made to high-risk borrowers. Economists explain
The SMC's new neighbor will be a lot of fun Workers continue to make progress on the West Complex-Student Recreation Center adjacent to the Save Mart Center at Fresno State.read more...
100 years old, city copes with growth The story of the year is what's on everybody's mind -- how fast the city is growing.read more...
ADV: Research Your Education the Easy Way Research your dream job! Find a school near you that offers classes in your area of interest and get started on your dream career! It’s fast, it’s easy, and it’s
Home-Price Appreciation Slowed During Third Quarter The average cost of a single-family house rose by a brisk 12% but the pace was down from a 14% rate of increase in the second quarter.read more...
GMAC Commercial Mortgage Corporation has arranged $21,965,000 in refinancing for an Orlando, Fla., multifamily property.
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