The added stress of a mortgage holiday (Stuff) Taking a holiday from your mortgage may seem appealing but a payment break of just three months can add years and thousands of dollars to a borrower's loan.read more...
Welcome home ... ROOM TO MOVE: The light and spacious lving area, which was doubled in size by removing two fires and an internal wall. via Manawatu Evening Standard read more...
Commercial work may offset decline in home building Commercial construction is gaining momentum in Florida and across the nation, counterbalancing the slowdown in residential development, a trade association economist said Monday.read more...
Despite Setbacks, Outlook Optimistic LOWELL -- There is too much at stake to allow the stalled effort to reinvent the former Julian D. Steele public housing complex to die on the vine.read more...
FBI to Focus On Area Mortgage Loan Fraud (Washington Post) The FBI today will launch a mortgage fraud task force in its Washington field office, joining a widening net of state and local investigators digging into the market crisis.read more...
MTA facing budget crisis Although it gets a penny for every dollar spent in Los Angeles County, fueling more than half its $2.8 billion budget, the MTA lacks enough money to run its expanding
The British government announced on Sunday that it will nationalize the struggling mortgage lender Northern Rock. The British government rejected two takeover proposals for the lender, which ran into trouble last year following the subprime mortgage crisis in the United States.
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