Treasury Confirms Kashkari To Head Mortgage Rescue Plan (Fox News) Treasury Confirms Kashkari To Head Mortgage Rescue Plan read more...
Citigroup acquiring mortgage and servicing unit from ACC Capital "Through this acquisition, we gain important operational and pricing efficiencies and the ability to extend the high lending standards of our existing residential mortgage business from point of origination through
Transform Your Green Space Into Livable Space "People worry about what goes inside the outdoor room and sometimes forget about what surrounds it" A record number of homeowners are transforming simple decks, patios and even bare
New Report Finds Blacks, Latinos Hit Hard By Mortgage Crisis (NY1 News) A new report released today says the mortgage crisis has hit black and Latino New Yorkers especially hard. The report released by the Furman Center for Real Estate and Urban
Log home builder gets software to 'construct' in 3D A business described as one of the City of Kawartha Lakes' "local success stories" got some government help in upgrading its resources this week.Commentread more...
China sells first pools of bad loans China Cinda Asset Management plans to securitise 4.75 billion yuan in bad loans acquired from Bank of China, creating the first debt instruments formed from the country's non-performing bank assets.Commentread
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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