U.S. Comptroller Warns About Exotic Mortgages A top banking supervisor says he has grown increasingly concerned by risks to both borrowers and lenders from negative-amortization and payment-option home loans.read more...
Dubai property law prompts more banks to offer lucrative mortgage deals (Gowealthy) The Dubai property law, slated to come into effect in May is prompting local and overseas banks to offer lucrative mortgage deals that could ignite a fierce competition in the
Court: States Must Step Aside on Banks The Supreme Court ruled Tuesday that state financial regulators must step aside in a battle over who oversees subsidiaries of national banks.The 5-3 decision is a victory for the
Stocks sink on economy fears "I think the continued fear is, is the consumer finally at that tipping point?" Stocks dropped 1 percent on the first trading day of the new year on Wednesday
Existing home sales in La. jump 23% First-quarter sales of existing homes rose 23 percent in Louisiana over the year-ago period, according to the National Association of Realtors.read more...
Can Polk Schools Handle Growth? BARTOW - By next spring, schools will join roads and utilities on the list of public facilities that need to be considered when planners review new developments.
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U.S. home builders continue to maintain the high level of confidence that they have expressed for more than 16 months, according to the latest National Association of Home Builders/Wells Fargo Housing Market …
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