Mortgage Late Payments Hit 21-Year High (CBS News) Across the country, homeowners are finding themselves strapped between rising mortgage costs and basic necessities: food, transportation, and utilities. As Michelle Miller reports, they are starting to pay
First Southern Mortgage arranges $66M loan for American Center (Nashville City Paper) First Southern Mortgage Corp. announced Wednesday it has closed a $66 million refinancing loan for West End office towers One and Two American Center.read more...
Mayors warn worst of mortgage crisis ahead (Reuters via Yahoo! News) An escalating mortgage crisis will push another 1.4 million U.S. homes into foreclosure and drive nationwide property values lower by 7 percent next year, according to a report released
China developing mortgage loans (FT.com via Yahoo! News) China is drawing up plans to develop its nascent mortgage-backed securities market, which allows homeowner loans to be repackaged and sold into the capital markets.read more...
Amid Slump, Real-Estate Agents Hang Up Their Blazers The long-awaited shakeout is finally happening -- much to the relief of those who are sticking with the business and prefer a bit less competition.
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Business Topics by Industry Earnings Toll Brothers Inc., the largest U.S. luxury home builder with several projects in South Florida, said home-building revenue in the third quarter fell for the first time
Steven Wooten, 22, a bartender at Sam Seltzer’s Steakhouse at 4820 S. Florida Ave. in Lakeland, claims he doesn’t use his fresh-faced good looks to make better tips. “I rely more on my gregarious personality than anything else,” he said. When he turned 21, he asked to be put behind the bar, and he… more»
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