Thornburg Mortgage Posts $3.31 Billion Loss (NYTimes.com via Yahoo! Finance) Before paying preferred dividends, Thornburg Mortgage lost $3.31 billion, or $20.64 a share, in contrast to a profit of $75 million, or 62 cents a share, a year earlier.read
Lowe's 4Q profit jumps 37 percent Lowe's Cos. , the nation's second largest home-improvement retailer, reported Monday that its profit for the fourth quarter rose 37 percent, fueled by growth in special orders and commercial businesses
Builder D.R. Horton posts loss after charges "Market conditions continued to decline in our September quarter as inventory levels of both new and existing homes remained high while pricing remained very competitive" D.R. Horton Inc ,
Late mortgage payments drop sharply in first quarter (KPLC) WASHINGTON Late mortgage payments dropped sharply in the opening quarter of this year, a big improvement after delinquencies hit a two-and-a-half-year high in the closing quarter of last year.read more...
House prices will fall this year, says mortgage body (Guardian Unlimited) The body representing Britain's mortgage lenders has cut its forecasts for house price growth and now believes property values will fall 2% this year.read more...
Where's the Froth? Luxury Sellers Cut Prices Customer reviews are popular with online shoppers, but some retailers are drawing fire for editing or rejecting submissions, particularly those that are negative.read more...
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