Analysts: BofA looks at $1B in mortgage write-down (BizJournals)
Bank of America Corp. may be the next big U.S. bank to suffer consequences from the subprime mortgage crisis. (BAC) (JPM) (WB) (WM) (WFC) (C)
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Wachovia cuts mortgage jobs, cites lower demand (The Charlotte Observer) Wachovia Corp. is cutting 20 mortgage jobs in Charlotte, the company confirmed Friday. The employees worked in a department that processed new mortgage loans. The company cited declining demand for
Batch 2 Posted President Robert Mugabe quietly adopted constitutional changes that make it easier for the state to seize private property and prevent opponents from traveling abroad to criticize his 25-year rule, state
Voters Feel Pain Of Subprime Crisis As Americans struggle with mortgage debt their woes are spilling into the fight for control of Congress, adding uncertainty to the election-year power struggle. read more...
HSBC hits record profits of $22bn HSBC has hit record profits despite tough times in the US HSBC, Europe's biggest bank, has reported a 5% rise in profits to a record $22.08bn . The profit rise
Hot-Air-Balloon Collectibles Are Fun Man has always wanted to fly. Long before airplanes, hot-air balloons were traveling in the air between countries. The first successful flight -- in France in 1783 -- lasted 15
REAL ESTATE CALENDAR Here are some events that builders and developers have scheduled locally for would-be home buyers in the coming weeks. All are free and open to the public. read more...