Global malaise in 2006? -Joseph E Stiglitz In America, at least, 2006 is likely to be another year in which stagnant real wages freeze, or even erode, the living standards of those in the middle.read more...
The Fed Will Make Several More Rate Increases Federal Reserve officials see U.S. economic growth continuing at around a 3.5 percent pace into 2006 with inflation pressures strong enough to merit several more increases in the Fed's target
More Canadians using mortgage brokers: survey (Investment Executive) Homebuyers? confidence in mortgage brokers continues to grow.read more...
Building Giants A list of the big shots in the Washington real estate market includes many, well, household names: read more...
HSBC in Canadian mortgage deal (Financial Times) HSBC yesterday bought a Canadian mortgage broker for an undisclosed sum. The bank acquired all the ordinary share capital of Invis, one of Canada's largest independent mortgage brokers. Invis negotiated
Discount real estate firm touts commission savings The real estate world has long been dominated by full-commission real estate firms.read more...
In another sign that troubles within the mortgage industry will continue into 2008, one of the largest originators of residential home loans announced Tuesday that it is scrapping a planned $1.8 billion sale, because banks had failed to agree to finance the transaction.
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