Carlyle Group’s Rubenstein Scorched by Mortgage Fund’s Stumble (Bloomberg.com)
March 7 (Bloomberg)—The collapse of the subprime- mortgage market has engulfed Carlyle Group, the world’s second- biggest leverage-buyout firm by assets.
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Pulling the property ladder way out of reach Pity the poor Welsh first-time buyer. Latest research shows that the gap between wages and house price inflation has rocketed over the past five years.read more...
Mortgage rates creeping upward (USA Today) Low rates helped fuel the housing boom, and rates had remained relatively low even after the boom ended more than two years ago.read more...
Winter Haven's State Of The Art Cafeteria Debut A Huge Success read more...
Thornburg Mortgage (TMA) to Take $1.1B Loss on Mortgages (Schaeffers Research) This morning, Thornburg Mortgage (TMA) reported that it now expects its third-quarter loss on mortgages sold to be %241.1 billion, compared to its previous estimate of %24863 million...( Read More
Home remodeling firms get eco-friendly makeovers Ardent Homes Services' chief Bob Weatherwax is launching Ardently Green to offer homeowners renovations that can save them money in the long term by cutting electricity and other costs.read more...
Construction industry fuels Valley's rapid job growth The construction boom in recent years has benefited Western states, including Arizona where the industry accounted for nearly one out of four new jobs in 2005.read more...