Texas border offers inroads to binational banking Inter National Bank president Carlos Garza has spent recent weeks just over the border in Mexico, hopping from city to city to promote services that allow seamless, cross-border banking.Commentread more...
Head Of Sub-Prime Mortgage Unit Goes Bankrupt (CBS 2 Los Angeles) People's Choice Financial Corporation, which operates a sub-prime mortgage unit, filed for Chapter Eleven bankruptcy protection today in Santa Ana.read more...
Fannie Mae loses $1.4 billion in mortgage mess (Houston Chronicle) Fannie Mae's third-quarter loss more than doubled to $1.4 billion, reducing year-to-date profits by more than half, as credit losses and mounting mortgage delinquencies sour its outlook into 2008, the
Cutting Through The Lingo Of Listings The "Simpsons" episode "Realty Bites" features Marge as an agent who is chided by Red Jacket Realty broker Lionel Hutz for having a "no-pressure approach."
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Housing slump may be near bottom The serious slump in the housing market and home building may be near a bottom, according to a leading U.S. home builder.Commentread more...
The Record, Hackensack, N.J., Going Global column Via Thomson Dialog NewsEdge) Jan. 8--WATCHMAKER SUES OVER USE OF ROBOT: Two trendy timepiece makers are locked in an international spat over a 58-year-old drawing of a robot.read more...
Faced with an expected drop in mortgage lending because of higher interest rates, mortgage bankers say they have a few consumers they’ll court more aggressively – home owners with adjustable-rate mortgages, or …
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