JP Morgan plans to write down $1.5 billion in mortgage-backed assets (International Herald Tribune) Trading conditions "have substantially deteriorated" since July, and have "sharply widened" spreads on mortgage-backed securities and loans caused losses, the U.S. bank said.read more...
Interest rate rise hits home buyers Housing affordability is set to plunge to its worst level for 15 years by the end of 2006 if interest rates are increased, figures have shown.read more...
German mortgage bank near bankruptcy: report (TODAYonline) People walk past the Berlin branch of the German bank Hypo Real Estate in January 2008. Hypo Real Estate, a mortgage bank, is on the brink of bankruptcy, the daily
Staton brothers doing what comes naturally - building A fourth-generation builder/contractor, Nick Staton, 26, began working for his grandfather straight out of Yorktown High School.Commentread more...
U.S. MBA's Mortgage Applications Index Fell 5.5% Last Week (Bloomberg.com) April 12 (Bloomberg) -- A measure of U.S. mortgage applications fell last week as higher borrowing costs deterred homebuyers and made refinancing less attractive.read more...
New Potter book leaks in Canada, gag order issued Harry Potter's latest secret may have slipped out in Canada, and publishers of the best-selling books hope the magical allure of author J.K. Rowling's autograph will get it back under
College City Homes, like most homebuilders, has ample information on its Web site about its existing and future developments, home designs and construction services.
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