GM cuts $8.8 billion deal on commercial mortgage unit (Detroit Free Press) General Motors Corp. announced a $8.8 billion deal on Thursday to that involves selling a majority interest in its commercial mortgage unit to Kohlberg Kravis Roberts & Co., a large
Pitfalls in new mortgages entrap naive borrowers At 64, and looking toward his retirement next year, Willie Lee Howard agreed to refinance his duplex in Washington, thinking a fixed-rate loan would help stabilize his finances.Commentread more...
Pain of mortgage crisis expected to spread far (Atlanta Journal-Constitution) The foreclosure tallies keep reaching all-time highs in every corner of metro Atlanta ? mostly due to the failure of subprime mortgages. Georgians with subprime mortgages are more likely than
Greece Remodeling Scam Under a settlement that is pending court approval, Timothy and Emily Haines, former owners of Greece Remodeling, agreed to pay back customers $90,000 and are banned from working in the
Do-it-herselfers guide (Reg Req'd) Females are taking household fix-ups into their own hands, and American Standard is now offering a DIY Guide just for the do-it-herselfers. The free guide, Refresh: For Women Only, was
Former Haitian paramilitary leader pleads not guilty to mortgage fraud charges A former Haitian paramilitary leader, convicted of leading the massacre of hundreds in his home country, did not leave behind his life of crime when he moved to New York
HBRA-Seacoast held their annual Golf Classic at Portsmouth Country Club to raise money for their scholarship fund.
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