Morgan Stanley: $3.7B subprime mortgage writedown (CNN Money)
The investment bank said it could lose up to $6B if all subprime mortgage-related investments were to go bad.
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Mortgage approvals rise in June House price inflation has beaten forecasts in 2006 New mortgage approvals reached 120,000 in June, official figures have shown - the highest level for five months.read more...
Gramercy Capital Buys Fee Interest for $50M SOMERSET, NJ-Gramercy Capital Corp. has closed on its second credit tenant lease investment with the acquisition of a 100% fee interest in 200 Franklin Square Dr.read more...
Too Much of Almost Everything, Some Say read more...
Minorities pay more for subprime mortgages: study By David LawderWASHINGTON - African Americans and Hispanics are more likely to pay higher rates for subprime mortgages than white borrowers, even with similar qualifications and risk factors, a new
Do you know your business? (Reg Req'd) Have you been paying attention this year? If so, here's your chance to show off.read more...
Home furnishings retailers cluster in an industrial center visible from I-215 Via Thomson Dialog NewsEdge) Oct. 16--Thomas Phu didn't plan to redecorate the corner Alessandro Boulevard and Interstate 215 when he opened Madison Home Furnishing a year ago.Commentread more...