US mortgage defaults weigh on HSBC profits (AFP via Yahoo! News)
Global banking giant HSBC Holdings announced a a 35.5-percent surge in bad debts during 2006 owing to increased defaults on home loans by high-risk US borrowers.
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Protect your real estate investments through an LLC Your personal home can't be owned by an LLC but it's a good way to limit your risk in investment properties, says Real Estate Adviser Steve McLinden.read more...
Corporate Earnings The Home Depot Inc., the nation's largest home improvement store chain, reported a nearly 17 percent jump in third-quarter earnings on strong sales.read more...
The Pearl-Qatar leads way in foreign land ownership The Pearl-Qatar is the first development in the region to take the bold step of offering 100 per cent foreign ownership of land in the development.read more...
Don't get stung: Know thy mortgage Not knowing your mortgage terms can bring a nasty (and expensive) surprise when it comes time to sell or the interest rate adjusts.read more...
CITIC may not invest in Bear Stearns "At present, the two parties are still negotiating major terms of the deal and we have not completed due diligence on Bear Stearns. We haven't signed any formal agreement and
Ask the Fool Mortgage Ups and Downs (The Philadelphia Inquirer) Q: What makes mortgage interest rates go up and down? - R.W., Norwich, Conn. A: Interest rates are influenced by inflation and the market for debt (notes, bills, bonds, etc.).