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2ND UPDATE: Bank Of England Seeks To Thaw Frozen U.K. Mortgage Market (Nasdaq)  LONDON (Dow Jones) -- The Bank of England on Monday said it will swap up to 50 billion pounds worth of Treasury bills for high-rated mortgage-backed securities with commercial banks


Mortgage Industry Job Losses May Rise With Interest Rates (Los Angeles Times)  With refinancings declining, layoffs at Ameriquest could be followed by tens of thousands at other companies, experts say.read more...


Mortgage lender in administration  "We have gone into administration" Regulators are seeking ways to protect affected customers A British mortgage lender which offers loans to people with poor credit histories has gone into


Kumba, Solidarity clash over wages  Kumba, Solidarity clash over wages Wednesday May 31, 2006 06:52 - Trade union Solidarity and resources company Kumba Resources started the first day of the annual wage negotiations with Kumba


Real estate transaction management systems come of age (Reg Req'd)  This is something surely to bend some brokers out of shape, but it's not going to stop the process of paid subscriptions...so if you ask me, it was bound to


McGraw-Hill/NAHB Survey Says Number of Green Home Builders to Increase by 30% in 2006  Results of a McGraw-Hill Construction/National Association of Home Builders survey indicate that 2005 saw a 20 percent increase in the number of home builders producing green, environmentally responsible homes.read more...

September 12th, 2005

Online News Squared: eBay Confirms Skype Purchase

Last week’s rumors turned to fact as eBay announced it is indeed buying iternet telephony company Skype for $2.6 billion in cash and stock.

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