A Gamble That Went Bust
The collapse of ANB, an Arkansas bank that went bust last week in the biggest failure of a brick-and-mortar U.S. bank in more than a decade, is an ominous sign for many banks that gambled on real estate.
read more…
Magazine targets region's remodeling enthusiasts Despite a cooling housing market, homeowners are expected to rack up $238 billion in remodeling costs by the end of this year - ' and Washingtonians are expected to be
Three face charges in mortgage scam (Rocky Mountain News) Denver District Attorney Mitch Morrissey has charged three men accused of stealing thousands of dollars in a mortgage scam from an elderly woman who is now facing foreclosure.read more...
Relief for first-time buyers as Halifax cuts home loan rates for the third time this month Britain's biggest mortgage lender announced today that it was cutting its mortgage rates for the third time this month.read more...
Mortgage delinquencies could soar - Moody's Economy.com (CNNMoney.com via Yahoo! Finance) The already poor performance of many mortgage loans will worsen substantially through the rest of the year, according to an analysis released Thursday by Moody's Economy.com.read more...
Opposition leader accuses Australian PM of misleading voters on economic claims "Mr. Howard at the last election said that he would keep interest rates at record lows and since then they've gone up five times" SYDNEY, Australia : The opposition
Man charged with bigamy, home-repair fraud A suburban Columbus man used his home improvement business as a front to steal money and may also have stolen up to $50,000 from a woman to whom he was