Food for Thought EDITOR'S NOTE: John Mackey is arguably the most unusual chief executive in the food retail industry. He is certainly one of the most successful. A philosophy major, he dropped out
Texas to get $21 million in Ameriquest settlement 12:38 PM CT Texas homeowners may be eligible to participate in a $325 million settlement reached between 49 states and Ameriquest Mortgage Co. via Denton Record-Chronicle read more...
Reported Katrina Deaths, State by State (Reg Req'd) Death tolls reported by state officials from Hurricane Katrina. The numbers are expected to rise: ALABAMA: 2. FLORIDA: 11.read more...
Before We Turn Into a Completely Rude Society, We Should Signal First I was reading James W. Hall's new novel the other day when I came across a paragraph that was so familiar, I thought it was worthy of further discussion.
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South side to get new housing A local church plans to dedicate ground June 2 for what would be one of the largest new-housing developments on Fort Wayne's south side in decades.read more...
UK mortgage lending rises in June (BBC News) Mortgage and credit-card lending rose in June, the British Bankers' Association and Council of Mortgage Lenders say.read more...
New York Attorney General Andrew Cuomo announced an agreement with Wall Street’s three major credit-rating agencies Thursday that would overhaul how they evaluate investments backed by risky mortgage debt.
Cuomo, flanked at a news conference in New York City by executives from Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s, said the new guidelines will have “a dramatic effect on the industry.” An investigation was launched in February to determine how mortgage-backed securities, home loans that are pooled together and sold as investments, carried high ratings yet still collapsed during the subprime crisis.
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