Heartland closing wholesale mortgage division (St. Louis Post-Dispatch) Heartland Bank is closing its wholesale mortgage division and eliminating about 30 jobs in the St. Louis area amid shrinking demand for broker-originated loans ? continued fallout from the collapse
Water is a human right While the French Quarter and the banking district are back to normal, the Lower Ninth Ward has hardly changed since Katrina.read more...
First Magnus, big mortgage lender, halts loans (Washington Post) NEW YORK (Reuters) - First Magnus Financial Corp., one of the largest independent U.S. mortgage lenders, said on Thursday it has stopped funding home loans and taking mortgage loan applications
Property trust market in Taiwan set to surge SINGAPORE Taiwan's market for real estate investment trusts may quadruple within five years as new measures including tax incentives bolster demand, the securities regulator has said.via
Hot economy inflates premiums Edmontonians renewing their home insurance will notice they are paying higher premiums, thanks largely to the overheated economy.read more...
U.S. dollar falls against 12 currencies NEW YORK, Sept. 24 The U.S. dollar fell against 12 of the most-active world currencies on fears U.S. reports on existing-home sales and consumer confidence will show weakness. via
“Given the uncertainty surrounding sales paces, and market direction and, thus, the potential for and size of future impairments, we are not comfortable giving full earnings guidance”
Luxury home builder Toll Brothers on Thursday reported sharply lower quarterly net income, hurt by a downturn in the U.S. housing market. via CNNMoney.com
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