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Another Mortgage Refinancing Wave? (GoldSeek.com)  "Big surge in price of US homes fuels fears of bubble," writes the Financial Times newspaper. Meanwhile, another major news wire did a weekend report on the top 10 U.S.


Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Mortgage Investigations Skyrocket (CBS News)  FBI Director Robert Mueller says a "tremendous surge" in mortgage fraud investigations that he said has diverted agents from other cases and is expected to keep growing.read more...


Little Caesars goes on new store spree  Discount pizza chain Little Caesars has announced it will open 100 to 200 more stores across the country.read more...


Mortgage mess wipes out thousands of jobs (The Record)  CHARLOTTE, N.C. -- At the North Carolina offices of mortgage lender HomeBanc Corp., Archie Clark is the only employee left. But in a few days, he'll be gone, too.read more...


U.S. stock futures ease as microchip makers fall  U.S. stock futures on Wednesday were pointing to a slight decline with National Semiconductor's lowered sales guidance casting a cloud on some microchip makers, though Gateway Inc.read more...

February 13th, 2007

A Different Kind of Neighborhood Bank

Many investors look for promising companies in their hometown. New Yorkers may buy JPMorgan Chase or Goldman Sachs , while investing in Bank of America is a no-brainer in North Carolina.
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