New Web Site to Strengthen Solar Market in New Home Construction
The New Solar Homes Partnership web site is in response to the Governor’s Million Solar Roofs Initiative to create 3,000 megawatts of solar electricity by the end of 2017.
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Home equity total near record level In its latest quarterly statistical report, the Federal Reserve calculated that American homeowners' equity accounts totaled $10.9 trillion by mid-2007. That was the net difference between total home mortgage
Japanese Real Estate Firm Urban Collapses Japanese real estate developer Urban Corp. said Wednesday it has filed for court protection from creditors under the Civil Rehabilitation Law.read more...
U.S. MBA's Mortgage Applications Index Decreased 2.8% Last Week (Bloomberg.com) Sept. 26 (Bloomberg) -- Mortgage applications in the U.S. fell 2.8 percent last week, led by the biggest drop in purchases since January. The Mortgage Bankers Association's index of applications
A Series of Mishaps Overwhelm Citigroup Citigroup, the world s largest financial group, has sunk to a new low due to a series of mishaps in Korea and abroad.read more...
Citigroup buys Egg Bank from Prudential U.S. financial-services giant Citigroup will buy Prudential PLC's Egg Bank, the world's largest Internet bank, for $1.13 billion, the companies said Monday.Commentread more...
IBM's Mortgage Origination Services Unit (AP via Yahoo! Finance) International Business Machines Corp. said Monday it formed a unit specializing in mortgage origination services to help lenders automate loan fulfillment.read more...