Wall St hit by homebuilder losses
U.S. stocks finished lower Tuesday, with especially heavy losses for shares of homebuilders, after Toll Brothers issued a disappointing outlook, touching off worries that the housing sector and consumer …
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Alleged 'Fanny Pack Bandit' Captured (Reg Req'd) Two FBI agents on their lunch break captured a man alleged to be the "Fanny Pack Bandit," a bank robber who carried out a nine-month crime spree.read more...
Flagstar opens three mortgage lending offices in Memphis market, Jackson, Tenn. (BizJournals) Troy, Mich.-based Flagstar Bancorp. has opened mortgage lending offices in Germantown, Olive Branch and Jackson, Tenn., and has plans for at least one office in Memphis and in Fayette County.read
Fat Cats' Friend? JAMES JOHNSON, A FORMER CHAIRMAN of Fannie Mae, just can't stay away from boardrooms.read more...
MBA's Mortgage Applications Index in U.S. Dropped 1.9% Last Week (Turks.US) In the United States, Mortgage applications dropped last week to the lowest level in four years as higher borrowing costs hurt home purchases and refinancing.read more...
County offers tax deferrals When a Perry County homeowner who usually paid taxes promptly couldn't afford this year's tax increase, county officials went into action to find help.read more...
Who's buying? Some companies say, 'It's on me' With fiscal 2005 results soon to be released by most of corporate America, much is being made of the increase in stock repurchases, with companies on the Standard