Mortgage lender Alliance Bancorp files Chapter 7 (Reuters via Yahoo! News) Alliance Bancorp Inc. has filed for Chapter 7 bankruptcy protection and will liquidate, becoming the latest residential mortgage lender to collapse in the U.S. housing downturn.read more...
Metrocities Mortgage Announces National Expansion Activities (Business Wire via Yahoo! Finance) While some mortgage companies have scaled back amid concerns of decreased volume, Metrocities Mortgage has continued its national expansion strategy, and has added significant industry expertise to its management
Mortgage crisis could hit economy: Fed's Kroszner (Reuters via Yahoo! News) Turmoil stemming from subprime mortgage delinquencies could dampen demand for homes and ultimately slow U.S. economic growth, Federal Reserve Governor Randall Kroszner said on Thursday.read more...
Banks Create $125M Fund For Mortgage Relief (WCVB TheBostonChannel.com via Yahoo! News) Five banks are teaming up to create a $125 million mortgage relief fund for New England borrowers.read more...
Mercy Hospital's new emergency room ready to receive patients Mercy Hospital is excited to announce the opening of the newly remodeled Emergency Room on the west side of the hospital, beginning Friday afternoon, July 8. The ER is open
Gas drop no economic panacea WASHINGTON - It should only be this simple: Oil prices plunge 20 percent, leading businesses and consumers to ramp up their spending, which gives a nice jolt to the
In a sign that the exuberance in the Rockland County real-estate market may be abating, the inventory of unsold homes soared 72 percent in the fourth quarter, according to industry data released yesterday.
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