Contractor sting brings 15 arrests "This sting targeted those who are deceitful and don't let homeowners know that they will be responsible for workers' compensation, liability insurances and other things" A sting operation set
Of landlords, tenants and rentals The rental scene in Kochi has been witnessing a fall in demand, notwithstanding the boom in the real estate sector.read more...
Greenspan & Co. boost short-term rates The Federal Reserve raised short-term interest rates another quarter-point Tuesday, boosting borrowing costs for businesses and consumers while trying to stamp out the embers of inflation.read more...
Local mortgage rates fall for 2nd week (Orange County Register) Mortgage rates in Orange County fell for the second-straight week as investors in bonds bet the Federal Reserve will cut a key short-term interest rate next year.read more...
U.S. mortgage woes lead to large GMAC loss (Detroit Free Press) Continuing losses in the U.S. mortgage industry drove Detroit-based lender GMAC LLC to report a $724-million fourth-quarter loss on Tuesday, down from a $1-billion profit a year ago.read more...
Carlyle Group's Rubenstein Scorched by Mortgage Fund's Stumble (Bloomberg.com) March 7 (Bloomberg) -- The collapse of the subprime- mortgage market has engulfed Carlyle Group, the world's second- biggest leverage-buyout firm by assets.read more...
BancTec Limited, the financial systems and outsourcing specialist, today announced the launch of eFIRST Origin, a powerful and secure business system that supports the mortgage application …
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