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What once was 'ugh' is now an 'oasis'  FORT WRIGHT - The teachers' lounge at Fort Wright Elementary School used to be a mess.read more...


Mortgage rates fall to 5.75% (BizJournals)  Hawaii's two biggest banks held their mortgage rates at 5.75 percent this week and most of their key competitors cut their own rates to arrive at the same level.read more...


First things first-building and safety  One stop shopping at the city of Big Bear Lake for building starts with the building and safety department.read more...


Retailers thinking outside big box (Reg Req'd)  The huge cinder-block stores that have defined suburbia for a generation are undergoing a facelift.read more...


FSA hits at mortgage brokers (FT.com via Yahoo! News)   An "unacceptable" number of mortgage brokers are "unwilling to change", the industry watchdog said on Monday, in a stinging criticism of poor lending practices.read more...


Consumer Spending Is Sluggish in June  Consumer spending was weak for a fourth straight month in June as rising gasoline prices left Americans with little to spend on other items.read more...

March 5th, 2008

PBOC Gov: Safe To Develop Mortgage-Backed Securities (Nasdaq)

BEIJING -(Dow Jones)- China’s central bank governor said Thursday it’s safe to develop a domestic mortgage-backed securities market as the country hasn’t been hit by a subprime crisis like the one that struck the U.S.

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