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Polk, Osceola Water Officials Paint an Alarmingly Dry Picture for Executives  read more...


Nikko Principal Drops Plan for RAMS Mortgage Bid (Update2) (Bloomberg.com)  June 14 (Bloomberg) -- Nikko Principal Investment Australia, a unit of Japan's third-largest brokerage, dropped an offer for home lender RAMS Mortgage Corp., leaving Kohlberg Kravis Roberts & Co. as


Safe as houses Or are America's property investors reckless?  Certainly, the anecdotes indicating there's a boom with at least an element of speculation are starting to echo those of the red-hot Nineties.via


Housing woes knock down stocks of builders  "I'm not convinced the absolute lows [in the stocks] are in yet" Like other Southern Californians, John Bollinger has witnessed the brutal downturn in the housing market. via KCPQ


Remodeling: Tips on Hiring a Contractor  Unless you're a construction whiz with a lot of spare time on your hands, home improvement will mean hired help.via


Savings boom but mortgages remain subdued  Increased savings reflect improved rates offered on the high street. Photo: PA The amount of money paid into savings accounts more than doubled in April to reach record levels, figures

June 19th, 2006

Mortgage loans feel job pressure (Atlanta Journal-Constitution)

Loss of manufacturing jobs, and their replacement with lower-paid service jobs, has contributed to higher home loan delinquency rates in Georgia and the Deep South, compared with other states. In first-quarter 2006 data, released during a teleconference Monday afternoon, the Mortgage Bankers Association said loan delinquency rates nationwide have increased over the same quarter last year.

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