Downtown Radisson changes name The Radisson Plaza Hotel Orlando near Lake Ivanhoe, one of downtown's leading business-traveler hotels for two decades, has changed names.read more...
Ameriquest to pay millions to mortgage customers (Seattle Times) Thousands of Washington homeowners who were saddled with higher-than-expected mortgage payments because of Ameriquest's lending practices...read more...
Companies Take Hits on Relocation Costs Companies are disclosing sizable bills to cover real-estate losses of transferred senior officers. Qwest lost $1.8 million on its CEO's former home.read more...
Savvy investors may face difficulty proving mortgage firms duped them (San Francisco Chronicle) Finding someone to sue over losses in the mortgage market and the credit crisis is easy. Winning in court, lawyers say, will be hard. Shareholders in big financial firms have
Stocks Preview: Stocks to Track Mortgage Woes and CPI (Fox News) Troubles in the subprime mortgage sector could put Wall Street on edge next week just as investors look for key economic data, including the Consumer Price Index, to shore up
Mortgage law proposals get cold shoulder from lenders (Minneapolis-St. Paul Star Tribune) The rapid rise in foreclosure rates in Minnesota has lawmakers looking for ways to crack down on abusive lending practices. But some mortgage brokers argue that the proposed new guidelines,
The mortgage meltdown has mauled mortgage lenders and some banks who, in a housing-boom induced frenzy, handed out money to homeowners with iffy credit. Having smelled blood, smaller banks – including some in the First Coast – are standing ready to pick off customers and market share.
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