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Saudi mortgage law on way (AME Info)  The Saudi government is expected to introduce a mortgage law before the end of 2007, Arab News reported. Riyadh-based Dar Al-Arkan Real Estateis setting up a joint venture company to


Higher degree in dorm decor (Reg Req'd)  Today's college students want a handsomer, homire room. Their preference means big business.read more...


Why We Love New York  Largest Private Cos. People World's Richest People 100 Top Celebrities 400 Richest Americans Best Paid CEOs Places Best Places Personal Finance Estate Planning Funds Philanthropy Retirement Strategies Taxes ...read more...


Bankers' lesson from mortgage mess: Sell, don't hold (International Herald Tribune)  Top U.S. bankers have come under scrutiny for ignoring that fundamental principle. Their banks were found to be holding billions of dollars of mortgage-related bonds that have fallen sharply in


Home Overimprovement Trending Down  "Homeowners have been scaling back on their remodeling plans as the overall market has weakened" One of the regular battles we'd get into in the comments on this blog


Mortgage rates fall (Chicago Tribune)  The average rate on a 30-year fixed- rate mortgage in the U.S. fell to 6.63 percent this week, the second straight decline, according to Freddie Mac. read more...

January 11th, 2008

Merger creates largest mortgage underwriter in O.C. (Orange County Register)

It’s a merger that will create the largest mortgage writer in Orange County, California and the United States, but experts said people won’t feel the effect of Bank of America ’s $4 billion acquisition of Countrywide Financial for months.

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