Some experts worry Greenspan's success bequeaths risky overconfidence In financial markets, they call it "the Greenspan put" -- a belief that if stock or bond prices fall too much, the Federal Reserve will help prop them up with
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Less demand for new homes in Alberta sparks layoffs at... There are signs that Alberta's once-hot housing market may be cooling off. Jayman Masterbuilt, one of the province's leading new home builders, has announced that it's laid off 50 staff
Analysis: Democrats exact price from Bush for war They did not end the Iraq war or tackle $4-a-gallon gas. But the Democratic-run Congress created programs this year to educate veterans and feed and house the poor. Democrats also
Moody's Shut Out of Rating Commercial Mortgage Bonds (Update1) (Bloomberg.com) July 18 (Bloomberg) -- Moody's Investors Service has been excluded from rating 70 percent of new commercial mortgage-backed securities after toughening its guidelines.read more...
KC councilwoman is indicted for mortgage fraud (BizJournals) Kansas City Councilwoman Saundra McFadden-Weaver was indicted on seven counts of conspiracy and wire fraud for her alleged role in a mortgage fraud scheme.read more...
Raising money to help local law enforcement K-9 units has a been long-standing tradition for the Lakeland Association of Realtors. Lars, the association’s first dog donated to the Lakeland Police Department, recently died of cancer. So when it came to gathering ideas for this year’s annual fundraiser, it was a “no brianer,” said Arthur Mattson, the group’s president-elect. “Picking the charity this year was easy. When we heard he had died, it was like; ‘well, there you go.’”
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