Home-building slump cuts into sawmills’ profits
Dozens of sawmills around the country are laying off workers, shutting down temporarily or trimming hours, as a steep drop in home building hits demand and prices.
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A year later, Kissel murder remains unsolved Asked about the chances that Andrew Kissel's murderer will be brought to justice, his father gives a contemptuous snort.Commentread more...
T-bill rush barely eases as bailout talks wear on The credit markets are where corporate borrowers go to find loans. The downfall of so many large U.S. financial institutions has made many traditional lenders afraid to lend now, or
Wells Fargo Settles Mortgage Lawsuit (AP via Yahoo! Finance) Wells Fargo & Co., a retail bank and mortgage lender, said Thursday it settled a lawsuit in California alleging the bank hid real terms of mortgage loans from borrowers.read
Fannie Mae meets its required surplus Mortgage giant Fannie Mae has met the government-imposed requirement to boost its reserve cushion against risk to 30 percent surplus capital, federal regulators said.read more...
Double-wide mansions 'Mobile villas' are fetching seven figures in Malibu trailer parks MALIBU, Calif. - So wonderfully Californian, Marsha Weidman's home has it all - beside the beach, far from noisy traffic, with a Jacuzzi to watch sunsets over the Pacific.read more...
Fitch Takes Various Actions on 1 GS Mortgage Securities Corporation NIM Transaction (Centre Daily Times) Fitch Ratings has taken the following rating actions on 1 GS Mortgage Securities Corp. NIM transactions:read more...