ECC Capital Cancels 1Q Dividend Due to Losses in Mortgage Banking Segment (Money Sense) ECC Capital Corp., a mortgage finance real estate investment trust, said Monday it won't pay a dividend for the first quarter because of losses in its mortgage banking segment.read more...
When residents finally return, many face unemployment, debt (Reg Req'd) Some will simply never return, not even to look at what they've lost. They'll collect their disaster-insurance cheques, update their resumes and strike out for pastures new.read more...
Mortgage approvals highest in 2-1/2 years (Reuters.co.uk) LONDON (Reuters) - Mortgage approvals hit their highest level in more than two years in September -- another sign this summer's surprise interest rate hike has done little to cool
Goldman Sachs mortgage head Dan Sparks quits (Market Watch) NEW YORK (MarketWatch) -- The head of Goldman Sachs Group Inc.'s mortgage department, Dan Sparks, will leave for personal reasons, a spokesperson for the investment banking giant said Friday.
Harnessing the tiger in China Shanghai -- Vincent Lo shook up the Bay Area's commercial real estate market in September when he spearheaded a deal for San Francisco's landmark Bank of America Center.read more...
Philippine furniture makers sets sight on Middle East market The Middle East interiors and construction sector is anticipated to grow to a trillion-dollar market in the next few years and this presents tremendous opportunities to Philippine furniture and building
The announcement by the Miller Brewing Co. that henceforth it will openly resist and challenge American law in favor of “the free movement of people, labor, goods and services” comes as no surprise.
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