Playing to win a job As an employer, you know the right people are crucial to your company's success.Commentread more...
Foreclosure filings in N.C. reach all-time high The number of North Carolina homeowners threatened with foreclosure reached an all-time high last year, new state figures show.Commentread more...
Real estate prof pricks housing-bubble theory Boulder - Several top economists argue that Colorado's residential real estate market is stretched thin and vulnerable to falling prices.read more...
Dundee Will Charge Storm Water Fee DUNDEE | The Town Council put a price tag for residents - $13.20 - on a 14-year-old storm water funding program to pay for drainage and water quality projects.
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London losing house price crown The gap between house prices in London and the rest of the UK has shrunk to its lowest level in nearly eight years, research from Halifax bank has shown.read more...
Royal Bank cuts long-term mortgage rates a tenth of point (Canadian Business) TORONTO (CP) - Royal Bank (TSX:RY) has cut long-term mortgage rates by a tenth of a point, the second time in a week the big bank has lowered rates on
The Bank of New York Mellon Corp.’s fourth-quarter profit tumbled 68 percent due to its exposure to assets backed by mortgages.
The trust bank runs funds for companies and wealthy individuals rather than mass-market retail banking. It has not been exposed to the consumer problems other banks have, but was at risk for mortgage defaults through products called collateralized debt obligations, or CDOs. The bank’s exposure to those pools of mortgage-backed debt resulted in a $118 million write-down in the latest quarter. Read more
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on Wednesday, January 16th, 2008 at 4:14 am and is filed under Mortgages.
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