Wary of risk, Wall Street bankers sold shaky mortgage debt (International Herald Tribune) At the same time they were selling risky mortgage-related securities to investors, many firms were protecting themselves from losses.read more...
Apprenticeships go over 8000 under Labour More than 8000 trainees are now in Modern Apprenticeships, demonstrating the solid progress the Labour-led government has been making towards addressing skill shortages, Education Minister Trevor Mallard said ...read more...
More troubles for housing New data released today portend continued weakness for housing. The National Association of Realtors today reported numbers for August existing home sales. via Econbrowser read more...
Know your motivations for your renovations Average remodeling costs and returns Roof replacement Job cost: $12,177 Resale value: $8,833 Cost recouped: 72.5% Window replacement MIDRANGE Job cost: $9,419 Resale value: $6,167 Cost recouped: 65.5% UPSCALE ...read
SEC Proposes Rules on Credit Rating Agencies Federal regulators on Wednesday proposed new rules that could reduce the importance of Wall Street's credit rating industry, the latest government response to the financial crisis set off by mortgage
IndyMac Bank opens regional mortgage center in Florida (Los Angeles Business) IndyMac Bank, a mortgage origination company, has opened a new regional mortgage center in Tampa, Fla.read more...
The number of new bankruptcy cases fell by 4.6 per cent in 2006 to 106,629—the largest decline since 1998—even though consumer debt levels are rising, the Office of the Superintendent of Bankruptcy …
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