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Texas Comptroller Says Home Construction Commission Favors Builders  The Texas Residential Construction Commission is acting as a "builder protection agency'' and has no power to force homebuilders to repair construction defects in new houses, according to state Comptroller


Royal Bank's Third-Quarter Earnings Climb 32%, Bolstered by Consumer Loans  Royal Bank of Canada, the country's largest bank by assets, said profit rose for the third straight quarter on higher sales from mutual funds, insurance and consumer lending.read more...


The Median Is the Message    You might have seen the scary news reports just before Thanksgiving: Housing prices fell nationwide last quarter, the first such decline since 1993. Even grimmer, total sales of houses


Know your subcontractors  When you go through a home improvement store for repairs or remodeling, retailers like The Home Depot, Lowe's and Sears hire outside contractors.Commentread more...


Home building coming back in city's southeast  "I'm really excited about what we're seeing in the area." FORT WORTH -- Five years ago, real estate developer and home builder Gary Sheffield began planning a single-family home


Maybank targets RM2.5b loans for MaxiHome Plus mortgage  Malayan Banking Bhd targets a RM2.5 billion boost to its loan portfolio within the next three months through the launch of its latest MaxiHome Plus mortgage offers, which do not

April 26th, 2007

Study says bankruptcies rise among Americans over 55

Americans over the age of 55 are filing for bankruptcy at a faster rate than the general population, as growing mortgage debt and higher health-care costs make them more vulnerable, a new study shows. via The Tennessean



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