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Fannie Mae sees home sales falling 5-10% in 2006  U.S. home sales are on track to decline by as much as 10% in 2006, mortgage finance company Fannie Mae predicted Tuesday.read more...


Mortgage approvals fall (Gulf Times)  LONDON: British mortgage approvals for house purchase fell for a fifth straight month in November to hit their lowest level in almost three years, providing further evidence of a slowdown


Barclays sees mortgage opportunity amid crunch (Reuters.co.uk)  LONDON (Reuters) - British bank Barclays sees tougher market conditions as a growth opportunity for its UK mortgage business and retail arm, thanks to growing deposits and lower costs, senior


Shopping center sells  Vince Scott Properties sold its 2-year-old, 21,000-square-foot Village Plaza property on the corner Tahoe Boulevard and Village Drive last week to AM Davis Mercantile, a Lincoln, Neb.-based company.read more...


Clinton Foundation Raised $135 Million   Former President Clinton's nonprofit foundation raised more than $135 million last year, according to tax forms filed with the Internal Revenue Service. via Perry County Weekly read more...


Mortgage Rates Edge Down (Builder Online)  WASHINGTON - Mortgage rates edged down this week, good news for people looking to buy a slice of the American dream - their own home. The mortgage company Freddie Mac,

February 16th, 2007

Former mayor forfeits cash, beach house

MOBILE —Former Orange Beach Mayor Steve Russo has been ordered to surrender his interest in a Gulf Shores beach house and more than $400,000 as a result of his conviction on conspiracy, mail and wire fraud …
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