Another mortgage problem looms (KTAR 92.3 Phoenix) Another big mortgage problem could be on the horizon, involving Alternative-A or Alt-A mortgages. ``The Alt-A is kind of a ticking time bomb, so to speak," said Jody Davis, president
ICICI, BoB plan to launch reverse mortgage schemes "This is a new product concept and the bank is working on details. It is like insurance product and need some expertise. We are currently studying the market scenario"
HK PRESS: BOCHK To Raise Interest Rates On New Mortgages (Dow Jones via Yahoo! Australia & NZ Finance) DJ HK PRESS: BOCHK To Raise Interest Rates On New Mortgages HONG KONG (Dow Jones)--Bank of China (Hong Kong) Ltd. (2388.HK), the largest residential mortgage lender last year, will raise
Pleather Goes Upscale: What's Next in Furniture As retailers looks for novel designs to distract shoppers from the price increases they are announcing this month, it is pinning some of its hopes on a big -- and
U.S. mortgage applications down (MENAFN) U.S. mortgage applications downread more...
Existing home sales up unexpectedly in Feb The pace of U.S. existing home sales unexpectedly rose in February, increasing 3.9 percent to a 6.69 million-unit annual rate as mild weather spurred home buying, the National Association of
“These results strengthen our confidence in exceeding our target returns for 2007, although it is clearly premature to make a projection for the entire year based on the first quarter of the year”
Commerzbank AG said Wednesday its first-quarter earnings dropped 18 percent from a year earlier, when higher earnings were boosted by a large one-time gain, but underlined its positive forecast for this year. via International Business Times
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