Three banks to buy mortgage debt: report (Channel NewsAsia) WASHINGTON - Three US banks, Citigroup, Bank of America and JPMorgan, may announce plans to jointly buy mortgage-linked securities, in an attempt to allay fears about the state of the
JGA cuts costs on new middle school JGA Architects shared the results of two-weeks work considering changes to the plans for new Laurel Middle School to bring its estimated cost within the Laurel School Board's approved budget.read
Americans Bought Fewer Homes Than Expected in June as Mortgage Rates Rise Americans bought fewer new homes than expected in June, leaving a record number of houses for sale that may prompt builders to offer more incentives or cut prices.read more...
CharterMac Mortgage Arranges $32M Financing Deal for California Multi-family Property (Commercial Property News) CharterMac Mortgage Capital, a subsidiary of CharterMac, has provided $32 million in financing to retire the outstanding existing construction loan on a 328-unit multi-family property in Elk Grove, Calif., that
Insurers Criticized for New Rate Models Scientists say the jury is still out on whether rising sea temperatures will cause more hurricanes to hit U.S. coastlines. Yet some insurers are boosting premiums based on assumptions that
FBI mortgage probe expands to 21 firms from 19 WASHINGTON (Reuters) - The FBI's investigation into potential corporate fraud in the U.S. home mortgage industry now encompasses 21 companies, up from 19 reported in April, a bureau spokesman said
UK HOUSES prices fell for a second month in May, bringing the annual rate of increase to its weakest in four years, HBOS said yesterday – more evidence the housing market is stagnating.
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