Nomura Pulls Out of U.S. Mortgage Market (New York Times) Japan?s largest brokerage said today that it would pull out of the U.S. residential mortgage-backed securities market and cut a quarter of its American workforce.read more...
Retailers' bright colors unlikely to overcome consumers' fright about economy "The climate out there is frightening" The nation's stores are awash with orange patent leather sandals and coral printed dresses, but gray or black would be a better match
Royal Bank boosts dividend after Q3 profit jumps 20 per cent to $1.18 billion Royal Bank boosted its quarterly dividend Friday after its third-quarter profit soared 20 per cent to a record-smashing $1.18 billion on revenue gains across all divisions.read more...
Tucson area shedding home-building jobs A home being built last summer in Sahuarita, which is still growing. : Estimated losses and gains in home construction jobs through May, year-to-date by area Tucson Jobs through May:
State closes 2 mortgage firms in Lawrence (Boston Globe) The state has shut two licensed mortgage brokers in Lawrence and fined one of them $200,000 after regulators documented several cases of brokers inflating the incomes of borrowers on mortgage
Record rise in NZ home affordability - new report Falling house prices, coupled with lower interest rates have driven the biggest improvement in home affordability in the past six years.read more...
Source: Business Wire Publication date: 2006-01-10 Good Housekeeping and K. Hovnanian Homes, the nation’s seventh largest new home builder, have announced a partnership to promote Good Housekeeping Seal-backed …
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