India on fire DELHI From The Economist print edition India's growth rate is close to China's; but signs of overheating suggest that this pace cannot be sustained Corbis THE economy is sizzling and
Trickster claimed to be Owen's bodyguard AN ex-drug dealer claimed he was soccer star Michael Owen's bodyguard to trick a mortgage company into giving him 250,000. But last night Richard Gregory Platt risked losing his luxury
Bacardi seeks to buy Swedish group that makes Absolut Bacardi Ltd., the company best known for its top-selling rum, is seeking to add Absolut vodka to its stable of brands.Commentread more...
Mortgage Defaults Affect Buyers With Good Credit (CBS 5 Bay Area) We've heard a lot about subprime borrowers defaulting on loans and costing banks billions. Now, America's largest mortgage home lender says people with good credit are falling behind on payments.
October 2, 2006 - Centex CEO to Discuss Future of Home Building on Webcast Centex CEO to Discuss Future of Home Building on Webcast Timothy Eller, chairman and CEO at Centext Corporation.Commentread more...
Cincinnati Group Sues Over Homes Frustrated with the impact of vacant homes on a Cincinnati neighborhood, a nonprofit group has sued a unit of Deutsche Bank AG and other financial institutions, alleging that they have
Mortgage delinquencies have hit their highest level in five years, even though employment and income levels are relatively healthy. The structure of the mortgage market helps cushion the blow for lenders, since most loans are now bundled into securities and sold to investors. But some watchdog groups say that makes lenders more aggressive in pushing risky loans.
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