Merrill Lynch to Buy National City's Mortgage Unit (Update4) (Bloomberg.com) Sept. 5 (Bloomberg) -- Merrill Lynch & Co., an also-ran in the growing market for mortgage securities, agreed to buy National City Corp.'s home-loan unit for $1.3 billion.read more...
GMAC Gets $1.5B for Stake in Mortgage Unit (AP via Yahoo! News) General Motors Corp., struggling to restore its financial vigor, said Thursday its finance arm sold a majority stake in its commercial mortgage division, raising nearly $9 billion in cash
High Prices Don't Dissuade Home Buyers If you're trying to buy a home, you know prices are soaring. Nationally, however, there are some signs the housing boom is slowing down.read more...
Builders opt for cheaper condos, apartments Canada's construction boom continued in July, but Canada Mortgage and Housing Corp.read more...
Cynthia McKinney: Warriors Don't Wear Medals, They Wear Scarves By Chris B. Bennett Co-Publisher/Editor Congresswoman Cynthia McKinney knows her roots but is skeptical about our future unless members of the African American community come together and realize that the
From Barn Raisings to Home Building The Amish are famous for barn raisings. Now, they're becoming known for building houses for the non-Amish, using ancient techniques. Yet working with Amish builders brings special challenges like communication
“The sentence imposed today sends out a clear message that those who prey on unsuspecting homeowners will be prosecuted to the fullest extent of the law”
A Point Pleasant Beach contractor was sentenced to seven years in state prison Friday for stealing more than $375,000. Mark A. Tracey, 47, was also ordered to pay $294,000 in restitution by Superior Court … via Asbury Park Press Online
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