Royal Bank Q4 revenue and earnings rise five per cent: $1.32B on $5.62B "Our solid performance in a year marked by challenges in the financial markets reflects the diversity of our businesses across multiple products, markets and geographies." Royal Bank of Canada
Mid-South contractors say the project of a lifetime may be what forces them out of business Mid-South contractors say they haven't been paid for work done at the FedExForum, and they may face bankruptcy.via
Realtors see a drop in existing home sales for second year Next year will likely bring a second annual decline in existing home sales, the National Association of Realtors predicted on Monday.Commentread more...
Wachovia ends risky mortgage program (BizJournals) Wachovia said Monday that it's immediately waiving all prepayment penalties on its Pick-A-Pay residential mortgage loans, giving borrowers more flexibility to refinance out of the controversial loans. (WB)read more...
Fed Chief Expects Economy to Rebound "We have not seen major spillovers from housing onto other sectors of the economy" Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance
Mortgage rates warning over scheme (Channel 4) A move to a US-style compensation scheme for savers could lead to higher mortgage rates and lower returns paid on savings accounts.read more...
Sharon Corbin and Patricia Reis moved to the Manassas Park community of Blooms Crossing in 1997 because they wanted camaraderie without a smorgasbord of recreational facilities they would never use.


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