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U.S. Mortgage Lenders Rise on PHH Sale, Takeover Speculation (Bloomberg.com)  March 15 (Bloomberg) -- Shares of U.S. mortgage companies rose after buyout firm Blackstone Group LP agreed to buy PHH Corp.'s home-lending business and Bear Stearns Cos. said it's interested


Mortgage defaults to rise as housing market slows (Sacramento Business Journal)  Declining sales, slower appreciation and higher interest rates will increase mortgage defaults later this year and into 2007, according to a distressed property investment advisory firm in Sacramento.read more...


Goldman Mortgage Chief Sparks to Leave After 19 Years (Update1) (Bloomberg.com)  April 25 (Bloomberg) -- Dan Sparks , who runs Goldman Sachs Group Inc.'s mortgage division, is leaving after a successful bet on the declining value of subprime home-loans helped the


For Every Timeshare Promise, Plenty of Unanswered Questions    Q: On a recent vacation in the Caribbean, we were approached by a young woman who wanted us to buy into a vacation home's ownership. read more...


Household debt still weighing on economy  Following the government's Aug. 31 anti-speculation initiative, household debt growth has leveled off.read more...


State Bill 934: Legislation to Support  read more...

June 10th, 2005

Council eyes land for industry

Demand for more industrial land in Visalia is leading city officials to propose adding 640 acres to the city’s industrial park.

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