Unicom parent sets 1st corporate ABS
The parent company of cellular giant China Unicom raised 3.2 billion yuan through an issue of asset-backed securities, the first such offering by a mainland corporation, its underwriter said.
read more…
Mortgage application rise as demand for purchase loans is highest since July (USA Today) Mortgage applications rose for a second consecutive week as demand for home purchase loans hit its highest level in two months, an industry trade group said Wednesday.read more...
Troubled GM plans major tuneup GM says the people who need the information have it. "We have very, very aggressive and specific targets on what we want to do," says Tom Kowaleski, GM vice president
Transcript: President Bush's Radio Address The following is President Bush's radio address to the nation on March 29, 2008: THE PRESIDENT: Good morning. via Fox News read more...
Mortgage exit ruling may mean £100m bill for lenders (The Herald) Banks and other mortgage lenders could face a compensation bill of £100m to past and present mortgage customers in the latest flexing of muscles by the Financial Services Authority.read more...
Walking out on mortgage drives down home values (The Plain Dealer) Columbus- Experts say fretting homeowners who worry the mortgage market is worsening are, well, making the mortgage market worsen. Fearing they might default on their loans, some are walking away
Home sales lose some momentum Looking back over more than 30 years as a real estate agent, Sally McElroy says the past few have been among the best for business.read more...