Mortgage company moves across state line to Lancaster County (Fayetteville Observer) A mortgage company is moving its headquarters from Charlotte, N.C., to northern Lancaster County, bringing about 650 jobs across the state line. HSBC Mortgage Services opened its new 182,000-square-foot building
Japan's Nomura will shut U.S. mortgage business (USA Today) Nomura Holdings Inc., Japan's largest securities firm by revenue, said Monday it will shut down its U.S. residential mortgage-backed securities business, the latest casualty of the subprime mortgage crisis.read more...
If 'Bubble' Bursts, Legacy of Greenspan May Deflate As central bankers and prominent economists gather today in Wyoming to assess Alan Greenspan's 18-year stewardship of the U.S. economy, the Federal Reserve chairman is expected to win widespread plaudits
Complying With Predatory Lending Laws Costs Lenders About a Dollar per Mortgage, Report Finds When national mortgage finance companies claim that state laws clamping down on predatory lenders will cost borrowers a lot of money, don't believe them.read more...
What a Week: Drama Kings The foils for the stock market this week were many, but the damage was relatively minimal.Commentread more...
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Growth in China’s housing prices continued to slow in the third quarter, due to the government’s macro-control measures.
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