St.George Bank’s Second-Half Earnings Rise 13 Percent on Business Lending
St.George Bank Ltd., Australia’s fifth-largest lender, said second-half profit rose 13 percent to a record after it loaned more to small businesses.
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Fed official: Economy shouldn't suffer "The Fed does not have the desire or tools to prevent widespread losses in a particular sector but should not sit by while a financial upset becomes a financial calamity
Foreclosure hot line lends hope on paying mortgage (Oakland Tribune) Like a growing number of homeowners these days, Robert Harrell found himself falling behind on his mortgage payments.read more...
Countrywide March mortgage loans up from year ago (Reuters via Yahoo! News) Countrywide Financial Corp. , the largest U.S. mortgage lender, on Thursday said it made $43 billion in mortgage loans in March, up 5 percent from a year ago.read more...
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Layoffs Rampant in the Mortgage Industry (NPR) American Home Mortage filed for bankruptcy last month after falling victim to the weak housing market. Aimee Waltz, a loan officer who recently lost her job with American Home Mortgage,
Shapell starts 2-year revamp of Milpitas Town Center Shapell Homes is de-constructing and rebuilding the Milpitas retail center it originally built along Calaveras Boulevard in 1985.read more...