Japan estimates subprime losses at $8 billion Japanese banks are saddled with $8 billion in losses linked to the bad housing credit problem in the United States, the government said Friday, a number that's still small compared
Reworking office space "The best brands do that. They keep the promise to the customer." A second-floor office in the Modis building uses its unique angled exterior to provide a different shape.
Mortgage applications on the rise (Detroit News) Mortgage applications in the U.S. rose by the most since June of last year as borrowing costs close to an eight-month low spurred home sales and refinancing.read more...
Low Interest Rates Defy Expectations (Reg Req'd) Mortgage rates were supposed to be rising by now, helping to gradually cool the nation's red-hot housing market.via
Housing Starts Tumble in State Housing starts dropped sharply in November in most of the state's major metropolitan areas, led by steep declines in single-family home construction, the California Building Industry Assn.read more...
Evest Capital And EvestMAC Reveal Launch Of New Distressed Mortgage Fund (Nasdaq) (RTTNews) - Evest Capital LLC and EvestMAC LLC, privately-held mortgage acquisition companies based in Stamford, Connecticut, on Tuesday said they closed a new equity round and two financing facilities totaling
The MBA’s seasonally adjusted purchase mortgage index rose 2.7 percent to 404.1 from the previous week’s 393.6. However, the index—widely considered a timely gauge of U.S. home sales—was below its year-ago level of 470.9.
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