Out-Island Builder
In July of 1978 I arrived on the Bahamas “out island” of Eleuthera for a week’s vacation.
read more…
Subprime mortgage fallout hits FBR (bizjournals.com via Yahoo! Finance) Friedman, Billings, Ramsey Group, which is considering the sale of its nonprime mortgage unit, reported a steep quarterly loss from losses and write-downs at that division.read more...
Housing price growth declines South Africa’s largest mortgage lender, Absa bank, reports that the declining trend in house price growth has continued with nominal growth in November 2006 declining to 12.7% year-on-year from 13.3%
Plans Unveiled for New York's Moynihan Train Station After years of false-starts, it appears the development of Moynihan Station, in New York City , has finally gotten underway.read more...
From the ashes As ferocious flames lit up the downtown Macon sky nearly three years ago, building contractor Tony Long watched from across Mulberry Street.via
Long-term mortgage rates fall, short-term rates rise (Market Watch) CHICAGO (MarketWatch) -- Long-term mortgage rates headed down this week, while short-term rates moved up, according to Freddie Mac's weekly survey.
A plan to jumpstart the mortgage market (CNN Money) A group representing the buyers and sellers of mortgage backed securities unveiled a plan on Wednesday to recharge the moribund mortgage securitization market.read more...