Bernanke proposes new mortgage guarantees (MSNBC) As Congress and the financial services industry struggle to cope with rising mortgage defaults and a deepening housing slump, Federal Reserve Chairman Ben Bernanke Wednesday proposed that the federal government
Royal thrust fuelled industry KING Fahad was the driving force behind Saudi Arabia's robust industrial development, says a leading Bahraini industrialist.read more...
B.C. couple juggle daughter's future with their own In British Columbia, a couple we'll call Larry, who is a provincial employee, and Sue, who works for the federal government, want to know if they are making the right
Does prison loom for mortgage execs? (MSNBC) Walt Pavlo is a one-time senior manager at MCI who ended up in prison ? and he predicts that investment bank executives involved in the subprime
Hawaii Mortgage Fees Second Highest in the Nation Hawaii homebuyers pay the second highest closing rates in the country. That's according to a survey by online service Bankrate.com. Buyers' mortgage-related fees are about 32 percent higher than the
Supervisors set Aug. 11 hearings for school projects Renovating tiny Claude Thompson Elementary and the long-awaited fix to Liberty High School's failing air handling system will cost the county twice as much as expected.read more...
For months, the steady drip of news about troubles in the subprime mortgage market didn’t seem too bad, and many economists started to feel reassured about the health of the general housing market. But now some experts wonder whether those feelings of reassurance came too soon. Some suggest that the growing number of borrower defaults in the “aggressive lending” market, which includes various …
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