Types Of Bankruptcy

Royal Bank scales back growth projects after record yearly profit  Royal Bank reported a record annual profit of $4.73 billion Thursday, the highest annual earnings ever reported by a Canadian bank, but scaled back its projections for growth in the


Mortgage approvals reach all-time high in January (EARTHtimes.org)  Mortgage lending approvals reached a record high in January, an indication that the property market continues to remain in robust health, the Building Societies Association said.read more...


Stocks Close Higher After Uneasy Session   Wall Street finished higher in an uneasy session Monday as retail and homebuilders stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries


'Sitcom Style' explores favorite TV homes (Reg Req'd)  What type of interior designer writes a book about television? Someone who once believed those weren't characters on the tube but real people.read more...


Business Briefing  Delphi To Receive NASA Development Grant read more...


Condo-Hotel Buyers See Investments Sour  Many investors who purchased condo hotel rooms during the real-estate boom are wishing they hadn't. Some frustrated owners are bringing these projects to the attention of regulators. read

February 16th, 2006

Pulte Homes sells stake in Mexican mortgage-banking company (Crain’s Detroit Business)

Pulte Homes Inc. announced Thursday that its Pulte Mortgage L.L.C. subsidiary sold its investment in a Mexican mortgage-banking company for a pretax profit of about $30 million, which will be recognized in its 2006 first-quarter results.

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