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Commissioners OK 3 Developments  read more...


Groups offer reward in businessman's death   The Home Sheriff's Department are offering a $15,000 reward for information about the shooting ... via The State - South Carolina read more...


Stocks down after oil rise, bonds up  Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors' already rickety sentiment and Treasurys rallied amid concerns about a meltdown in the


NetBank Sells Assets as Regulators Doubt Internet Bank's Financial Health   NetBank Inc., the online bank whose shares shed three-quarters of their value in the past year, will try to stay afloat by selling assets to EverBank Financial Corp. via


H&R Block to fire 575 Option One mortgage staff (Washington Post)  NEW YORK (Reuters) - H&R Block Inc (HRB.N), the largest U.S. tax preparer, said on Tuesday it will fire 575 workers at its Option One Mortgage Corp subprime lending unit,


Mortgage banks count the cost of endowment mis-selling and cuts (Independent)  Encouraging results from two mortgage banks yesterday were overshadowed by steep job losses and the high cost of earlier mis-selling.read more...

May 1st, 2007

Mortgage approvals fall as borrowing costs bite (Reuters.co.uk)

LONDON (Reuters) – Mortgage approvals fell to their lowest level in a year in March in a sign that higher interest rates are finally starting to bite and may not need to rise much further.

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