Business News
WASHINGTON , Federal Reserve governors and other U.S. banking regulators are becoming concerned that easier credit standards and greater use of interest-only loans are fueling home price speculation.
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Judge tosses mortgage-fraud suit, says banks weren't responsible (Centre Daily Times) A federal judge has thrown out a lawsuit by people victimized by the owner of a defunct mortgage company who pleaded guilty to fraud.read more...
Mill site developers speak in Farmington The developers of the former dowel mill on Fairbanks Road envision their 40-acres will include a retirement community as well as business park and have discussed a possible collaboration with
Mortgage rates plunge to two-year low (Bankrate.com via Yahoo! Finance) Mortgage rates hit their lowest point since September 2005, according to Bankrate.com's weekly national survey.read more...
Gordon, Freebery win one A federal judge in Philadelphia delivered a blow Tuesday to the racketeering case against former New Castle County Executive Tom Gordon and top aide Sherry L. Freebery -- dismissing some
MoDOT Moving to New Approach to Road Building MoDOT Moving to New Approach to Road Building by Bob Priddy The Missouri Department of Transportation is about to start an experiment in road building.read more...
U.S. mortgage rates reverse course, rising in wake of Fed cut (Market Watch) Mortgage rates rose this week, ending about a month-long streak of declines.