Business 101 (Reg Req’d)
News: The Pending Home Sales Index was essentially flat in March after a healthy rise during the previous month.
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Bradford and Bingley says on track Mortgage bank Bradford & Bingley may take another charge to cover liabilities related to mis-selling of past endowment policies, it said on Thursday, overshadowing strong trading so far this year.read
2 big Phila.-area banks planning more job cuts (Reg Req'd) Two of the biggest banks in the Philadelphia region are cutting jobs to stay attractive for investors in the face of rising expenses and tough competition.read more...
Single-Family Housing Starts Sink to a New Low February single-family housing starts decreased 6.7% to 707,000. Building permits fell 7.8% to a 978,000 annual rate, the lowest level since September 1991. read more...
Some keep their business at home NEW YORK Many people who start home-based companies find after a few years that it's time to move out the business has grown too big for the house.via
Irwin Sees Profit for Mortgage Business (AP via Yahoo! Finance) Irwin Financial Corp. said Tuesday it expects its mortgage-banking business to return to profitability during the third quarter.read more...
Reverse Mortgage May Be Way To Go (Hartford Courant) Anyone who is at least 62, has significant equity in a home and has a mortgage that's nearly paid up probably knows by now that he or she is eligible