Sinking home serves as warning
“It would promote good building in the community”
From the outside, 130 Cita_tion Court appears to be a nice home. The inside is a different story, said Tammara Andrews, who owns the home. via News-Graphic
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Financing Complete for New Housing at Slippery Rock University via
Mortgage Unit Produces Loss for GMAC (New York Times) General Motors? former finance arm, GMAC, posted a loss as pressure on the mortgage market forced the company to take charges at its housing finance unit.read more...
Lehman, National City Scale Back Lehman Brothers Holdings Inc. and National City Corp. said Thursday more than 2,000 workers will be laid off as the financial institutions scale back their struggling mortgage businesses.The moves
Old State Theater property sold The long vacant 5-acre-parcel housing the old Tri-State Theater has been sold and the new owner said he is planning to erect a new building that could hold as many
Mortgage Crisis To Worsen (The Post-Standard) Boston The sharp decline of the subprime housing market offering high-cost mortgages hasn't yet hit bottom, the head of home mortgage buyer Freddie Mac said Friday.read more...
The People's Money by Robert K. Heady: Credit insurance benefits lenders, not the consumer (Reg Req'd) Let's say that you're about to sign a $12,000 contract for a five-year car loan.via
July 26th, 2007
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