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Remodeling is booming  You will have your doubts as to the wisdom of this, but last Sunday I started painting my house.read more...


Mortgage Stress Seen for '06 (Washington Post)  Mortgage delinquencies among homeowners with high-cost loans will rise by 10 to 15 percent in 2006, as borrowers struggle with higher interest rates, high debt levels and higher energy costs


Fitch Rates J.P. Morgan Chase Commercial Mortgage Securities Corp., Series 2006-FL2 (Business Wire via Yahoo! Finance)   NEW YORK----Fitch rates J.P. Morgan Commercial Mortgage Securities Corp., Series 2006-FL2, commercial mortgage pass-through certificates as follows: $820,058,000 class A-1 'AAA'; $298,203,000 class A-2 'AAA'; $1,491,015,641 class X-1 'AAA';


Oil Futures Stay Near $47  Associated Press Update 12: Oil Futures Stay Near $47 a Barrel Mark 05.19.2005, 10:16 AM Oil futures stayed close to the $47 mark Thursday, with prices held down by U.S.


Traveling the world in food expos  The crowds were thick, the traffic lanes congested and aroma of soy sauce strong upon the air.read more...


Jewett Middle Academy Student Makes Her Way Through Pageants  LAKELAND -- Gold's Gym has been part of the Lakeland fitness arena for more than 10 years. And it's keeping step with the commercial development in the area by growing

August 28th, 2007

Mortgage crisis a boon for banks (Atlanta Journal-Constitution)

Now that the mortgage crisis has forced several high-profile lenders out of business, would-be homebuyers are banking on, well, banks to give them loans. The boomerang back to old-fashioned lenders comes at the expense of troubled companies such as HomeBanc and Countrywide that had thrived during the nation’s long housing boom. That new breed of lender had lured away customers with low rates and …

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