Analysts: BofA looks at $1B in mortgage write-down (bizjournals.com via Yahoo! Finance) Bank of America Corp. may be the next big U.S. bank to suffer consequences from the subprime mortgage crisis.read more...
5-Year Mortgage Rate Freeze Looms (Washington Post) WASHINGTON -- The Bush administration has come up with a plan to help strapped homeowners facing a daunting jump in their monthly mortgage payments.read more...
Agents' Costly Referrals Spark Class-Action Suit A recent class-action lawsuit focuses attention on a long-festering consumer issue in real estate: Alleged steering of home buyers to affiliated title, settlement and mortgage companies by large real
New home sales face bad weather New home sales fell in the first quarter, according to the Commerce Department. But as Janet Babin reports, in order to understand the housing market, there's a bigger picture to
IBM Cuts Costs, Reduces Layoffs as It Readies Workers for an On Demand World Cross-training, identifying needed skills and boosting interdepartmental cooperation are key to IBM's responsive business strategy.via
Pending-Home Sales Fell 12% in July The housing market will continue its downward slide in coming months, according to the National Association of Realtors' index for pending sales, which fell 12.2%.
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Beginning next month, some Illinoisans will be able to limit access to their credit reports.
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