Mortgage approvals drop further (BBC News)
The number of mortgage approvals for home buying fell again in December, the Bank of England says.
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Sovran pays $90M for new sites Sovran Self Storage Inc., a real estate trust, bought 20 self-storage facilities from Cornerstone Development Corp.read more...
GE Plans to Seek Buyer for Subprime Mortgage Unit (Update1) (Bloomberg.com) July 12 (Bloomberg) -- General Electric Co. plans to sell its three-year-old U.S. subprime mortgage unit, the company said in an e-mail to employees.read more...
Banking Dept. Hopes To Deposit Sweeping Mortgage Reform (NBC 10 Philadelphia) The state Banking Department hopes to help consumers by proposing the most sweeping mortgage reforms in the state in nearly 20 years.read more...
Mortgage applications rose 0.7% last week, survey shows (Market Watch) BOSTON (MarketWatch) -- Mortgage application volume increased a seasonally adjusted 0.7% last week, according to the Mortgage Bankers Association's latest survey.
Dynegy Selling Natural Gas Unit Dynegy agreed to sell its natural gas business for $2.48 billion to private equity buyers led by Warburg Pincus.read more...
Oakford Estates Ready for Phase Two read more...