Northern Rock mortgage trade collapses (FT.com via Yahoo! News)
Northern Rock has seen a dramatic fall in mortgage lending over the past two months since its financial problems emerged, according to mortgage brokers.
read more…
Pair charged with theft from title fund account A Lexington lawyer and his secretary have been indicted on accusations they took money from a title company account used to refinance homes and facilitate property sales.read more...
The curse of U.S. mortgage crisis reaches northern Norway (International Herald Tribune) Narvik, a remote Norwegian seaport, and three other Norwegian municipalities have lost about $64 million, and potentially much more, in complex U.S. securities investments that went sour.read more...
Problem properties, declining home values distress Lafayette On the first Monday of the month, the lobby of the Tippecanoe County jail is frequented by a crowd of people who aren't there to visit their incarcerated sons, wives
Aging in Place read more...
Goldman Sachs Posts Record 1Q Profit Goldman Sachs Group Inc., the largest Wall Street investment house, on Tuesday said its first-quarter profit rose 29 percent to a company record on robust trading gains and investment banking
Paris Hilton Trades Up In Los Angeles Area The socialite bought a $5.9 million Beverly Hills mansion in Mulholland Estates, more than twice the size of the home near Hollywood she sold in August. read more...