FBI Vows to Crack Down on Mortgage Fraud (Washington Post) The federal government yesterday announced a crackdown on what officials called the "growing epidemic" of mortgage fraud, with organized rings of real estate operatives bilking consumers and lenders out of
Canada's banks rake in the billions as profits set record Canada's six biggest banks have set a new benchmark for profitability, smashing their previous full-year earnings record with total net income of $19 billion for 2006.Commentread more...
Mortgage firms feel heat to offer borrowers relief (The Tennessean) LOS ANGELES ? Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with
Costello flags more tax cuts PETER Costello has given his strongest indication yet that Australians will share another round of tax cuts next year, declaring "the time is right" to lower the personal income tax
Flextronics Sells Two Units The white-box electronics maker will get $550 million in cash for network services and semiconductor divisions.via
One Stop Shopping: One Size Doesn't Fit All Remember the more leisurely, boutique days when consumers hand picked their agents, financers, and all other home service providers on an individual and as-needed basis.read more...
Home improvement and home repairs is a huge industry to the tune of about $230 billion last year.
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