Bear Stearns Profit Drops 10% as Mortgage Bonds Slump (Update1) (Bloomberg.com) June 14 (Bloomberg) -- Bear Stearns Cos., the second-biggest U.S. underwriter of mortgage bonds, said earnings declined 10 percent, the first quarterly drop in two years, as mounting home- loan
Barclays Says Credit-Card Defaults Will Limit Earnings Growth This Year Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth.Commentread more...
City hall may contain treasure Workers at Cincinnati City Hall will begin peeling back the years this week - along with decades-old paint, glue and acoustical tile - from the ceiling inside council
Officials Falling Behind on Mortgage Fraud Cases (NYTimes.com via Yahoo! Finance) Reports of suspected mortgage fraud have doubled since 2005, and government agencies say they cannot keep up. .read more...
Senate Hearing Focuses on Mortgage Lenders (New York Times) A Senate subcommittee plans to investigate whether mortgage lenders are deepening the foreclosure crisis by levying dubious fees on troubled borrowers.read more...
How to Attract Canadian Buyers Thanks to a strong currency and stable economy, Canadians are snapping up American homes. But with so many houses on the market, it takes some effort to attract their attention.
LAKELAND | Local economic activity in January followed the same trends from 2007, as conditions worsened in the housing market and job losses rippled throughout a number of industries, according to The Ledger’s monthly Polk County Business Barometer. more»
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