Global stocks rally, but turmoil not over "There is potential for the markets to remain volatile over the next few weeks as investors eye whether or not the central banks across Europe will cut interest rates"
House Votes to Extend Katrina Tax Credit The House on Tuesday approved a two-year extension of a program offering tax credits for construction of low-income housing in areas hit by Hurricane Katrina in 2005.Commentread more...
Xerox CEO Promises Vigilance in Recovery Associated Press Xerox CEO Promises Vigilance in Recovery 05.19.2005, 08:05 PM Compared to Xerox's annual shareholder meetings of the recent past, when angry shareholders griped about the company's accounting ...via
The Existing Home Sales Report Beats Expectations Jordan Kahn submits: The NAR put out its quarterly Median Sales Price report for single-family homes as of Q2. via The US Market Blog read more...
Slump in number of mortgage approvals (Independent) The credit crunch took its toll on the mortgage market in January as the number of loans fell 34 per cent from a year earlier and lenders tightened their
US mortgage lender slashes jobs (BBC News) Countrywide, the biggest US mortgage lender, will cut up to 20% of its staff, as business slumps.read more...
The cost of renting an apartment in the San Francisco Bay Area has surged in the past year – thanks in part to turmoil in the mortgage industry, according to new data from regional housing groups.
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