GM reports 1Q profit slumped, cites GMAC home mortgage losses (Daily Southtown) DETROIT -- The troubled mortgage market spilled onto General Motors Corp.'s balance sheet Thursday as first-quarter profits dropped 90 percent from a year ago due mainly to losses at GM's
FBI Sweep Reveals New Twists to Mortgage Fraud (NPR) The FBI has arrested more than 400 people in a sweep that's revealed a broad array of alleged mortgage scams across the country. Some alleged schemes involved real-estate twists on
Firm accused of telemarketing violations agrees to pay fines A Linthicum-based window contractor has agreed to pay 30-thousand dollars in costs and penalties after the company was charged with telemarketing violations.read more...
E-Trade Posts 3Q Loss on Mortgage Crisis (AP via Yahoo! Finance) E-Trade Financial Corp. on Wednesday reported a loss after writing down nearly $200 million worth of mortgage-backed securities squeezed during the summer's credit crisis.read more...
Real Estate Calendar Here are some events that builders and developers have scheduled locally for home buyers in the coming weeks. All are free and open to the public. read more...
Why Sony is full of beans GADGETS OF THE WEEK Sony, which invented portable music players but now lags far behind Apple, has turned to the jelly bean for inspiration.read more...
Oh, the joys of home improvement. Summer is here and the renovation season is well under way, as homeowners up and down the country decide to get a man in to install a new shower, extend the kitchen or turn the …
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