Block Explores Sale of Mortgage Lending Unit (WebCPA) Kansas City, Mo. (Feb. 27, 2007) - Tax prep giant H&R Block Inc. reported a third-quarter loss last week, pointing to its struggling mortgage lending arm even at the start
Homebuilders' stocks fall on Toll Bros. Shares of homebuilders took a hit on Tuesday after Toll Brothers Inc. said new orders fell in the first quarter and home deliveries this year would be weaker than expected.read
China makes major shift on currency NEW YORK AND BEIJING - In a move that could eventually affect everything from the price of T-shirts in Wal-Mart to the mortgage rates Americans pay, China is moving in
JPMorgan expands mortgage controls (The News & Observer) JPMorgan Chase & Co. is the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure.read more...
Home remodeling hit record in '05 (Reg Req'd) ORLANDO, Fla. - America is a nation of fixer-uppers. Home remodeling and improvements totaled a record $275 billion in 2005 - up by almost 20 percent from a year ago.read
AP IMPACT: Mortgage firm arranged stealth campaign (San Francisco Chronicle) Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three
Thinking of buying a new home in this softer market? Chances are your builder is going to try to sell you a mortgage. Builders have long encouraged their customers to use their mortgage affiliate for financing, and not just to make a little extra money.
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