Feeling the Heat, Just Where It’s Needed
Until this week, the mid-Atlantic got the cold shoulder from winter, and area residents just adored the snub. Those lower heating costs were as sweet as playing 18 holes on New Year’s Day.
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Sector Wrap: Mortgage Lenders (AP via Yahoo! Finance) The long-expected first sign of cracks in the mortgage loan market may have surfaced this week, as the Mortgage Bankers Association issued their quarterly report on home loan foreclosures.read
New Home Sales Soar There was a surprising run on new homes during July according to a government report released today.read more...
Lehman cuts mortgage finance sector rating to negative from neutral (Sharewatch) NEW YORK (Thomson Financial) - Lehman Brothers Monday downgraded the mortgage finance sector to negative from neutral, saying the worst hasn't been fully priced in by the markets.read more...
Countrywide, WaMu fall on heightened mortgage worry (Reuters via Yahoo! News) Countrywide Financial Corp led shares of U.S. mortgage companies lower on Friday as investors received fresh reminders that a shortage of liquidity might crimp profits.read more...
Habitat to house Katrina victims Corning | An organization that provides housing to local residents in need plans to focus some of its efforts to help rebuild sections of the Gulf Coast ravaged by Hurri-cane
Big Dig officials choose final repair plan for faulty tunnel wall BOSTON After months of internal debate, Big Dig officials have chosen what they say is the best fix for a faulty wall panel that sent water pouring into the new