UBS exposed to New Century subprime loans Swiss bank UBS said it had exposure to troubled United States subprime lender New Century Financial, becoming the latest European bank to become embroiled in the U.S. mortgage market.Commentread more...
8,000 families of servicemen get housing in 2005 MOSCOW, January 11 -- 8,000 families of servicemen have been provided with housing in 2005, Russian Vice-Premier and Defence Minister Sergei Ivanov said at a question-and-answer government session in the
Increased Costs Hamper Nonprofit Housing Groups Rising costs of construction are affecting the ability of charitable groups to build low-cost housing.via
Coastal Community Credit Union partners with Marlborough Stirling to accept mortgage applications via MorWEB (CanadaIT.com) Coastal Community Credit Union has become the latest lender to begin accepting mortgage applications through MorWEB, Marlborough Stirling Canada's mortgage origination system for brokers.read more...
Slowing Sales, Baby Boomers Spur a Glut of McMansions America's love affair with sprawling homes is showing signs of waning as the real-estate market softens and aging homeowners seek smaller houses. Our reporter on nervous sellers and the growing
HERALD WATCHDOG Brasota Mortgage: Investors selling off their claims (Bradenton Herald) Although many Brasota Mortgage Co. investors will soon receive a portion of the money they sunk into the collapsed lender, some are selling their claims to companies who promise fast
The biggest boom in recent U.S. history is coming to an end. How bad will the aftermath be? Most experts predict a gradual decline that won’t derail economic expansion, but they may be too optimistic.
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