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Housing decline to continue PRODUCTION DECLINE: Town houses stand along Gilman Road in El Monte. According to a study released Thursday, home building will level off this year as developers scale back production in
B of A to Exit Wholesale Mortgage Business In addition to scaling back its investment banking operations, Bank of America Corp. is exiting the wholesale mortgage business and eliminating about 700 jobs, according to bank officials Thursday. The
ABN Amro sells U.S. mortgage activities to Citigroup (USA Today) Dutch bank ABN Amro Holding said Monday it will sell its U.S. Mortgage Group business to Citigroup (C) for an undisclosed amount.read more...
Freddie Mac to tighten mortgage standards Mortgage giant Freddie Mac said Tuesday it will no longer buy those high-risk home mortgages that it deems the most vulnerable to foreclosure.Commentread more...
Pleather Goes Upscale: What's Next in Furniture As retailers looks for novel designs to distract shoppers from the price increases they are announcing this month, it is pinning some of its hopes on a big -- and
Utility Pushes Message of Conservation POINCIANA - Last week, Barbara Arrant was scheduled to give a presentation to a business group in Poinciana. As she was driving to the meeting, she noticed the well- landscaped