Mortgage crisis hits KeyCorp's third-quarter results (The Plain Dealer) This is the financial hangover we figured was coming. Months after the mortgage crisis hammered the industry and the stock market, banks are feeling the pain in their profits. The
High priced houses are going up in the West End One group says, think again. Brock Edwards is proud of his six bedroom, five bathroom house.via
Mailcarrier killed when her SUV runs over her A veteran Charlotte mailcarrier is dead after being run over by the S-U-V she used on her route.read more...
Retail Sales, Producer Prices Probably Fell in May, Economists Survey Says Sales at U.S. retailers probably fell in May for the first time in eight months as consumers bought fewer cars and gasoline prices retreated from a record, economists said before
Ameriquest Mortgage is sued over refinancings (St. Louis Post-Dispatch) Twenty-nine families in St. Louis and four Missouri counties have filed lawsuits accusing Ameriquest Mortgage Co., a California-based mortgage lender, of engaging in abusive practices related to refinancing home loans.read
Home-Price Appreciation Steady in 4Q The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported Thursday.Commentread
U.S. mortgage servicers helped 545,000 subprime borrowers stay in their homes in the second half of last year by modifying loans or setting up repayment plans, according to a revised industry survey.
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