Home Builders: Bust may last to 2011 "The upswing will be relatively slow, unlike earlier cycles." From Bloomberg: Home Construction Bust May Last Until 2011, U.S. Builders Say New home construction in the U.S. may take
Subprime Market's Sinking Fortunes Is a blowout taking shape in the impaired-credit mortgage market? read more...
Light Fantastic (Reg Req'd) Early on in discussions about the new home they planned to build on a steep, wooded site in Malvern, Lynne and John Neefe floored architect Bill Lecky with a line
Bank of America to pay mortgage head more than CEO got in '07 (Reuters via Yahoo! News) Bank of America Corp agreed to pay David Sambol, COO of takeover target Countrywide Corp , more than its own CEO received in 2007 to encourage him to lead
The heat is on mortgage referral schemes (Newsday.com) It's one of American real estate's seamier practices, and it's almost impossible for consumers to detect - kickbacks and sweetheart payoffs among realty agents, title and escrow companies, lawyers and
Bonds may cut daughter's college costs A woman's modest earnings from savings bonds could help trim her daughter's college expenses, says Dr. Don Taylor.read more...
| Just about anybody who bought a home or took out a mortgage in the past five years has run into them in some form: mysterious fees from realty brokers, lenders, builders and title agents—admin, processing, doc-prep, and regulatory compliance among some of the opaque names—that lumped $200 to $500 extra onto the consumer’s bottom line at settlement.
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