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House shores up flood insurance program  By Susan CornwellWASHINGTON - The U.S. House of Representatives passed on Tuesday legislation to bolster the U.S. flood insurance program, struggling under a load of debt after last year's horrendous


Old building will be torn down  Demolition of the old Mount Angel Public Works/Library building will begin within the next two weeks.read more...


'A lot of good people' help recovering couple start over  Help from strangers didn't help Barry and Nancy Hill keep their home, but it did help them get a new one.via


City's History Being Destroyed  read more...


Steep fall in mortgage lending (Financial Times)  Lenders' struggles to raise funds and the growing gloom over house prices drove gross mortgage lending to its lowest level since May 2005 last month, figures from the Council for


Foreclosures  Mortgage foreclosures filed with the civil division of the Circuit Court for August 2007. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter

February 23rd, 2008

Depreciation

¿ The loss of value of an asset because of changes in market conditions or other causes.

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