IRS Rules on Taxpayer Privacy Tax preparers will have to make the fine print a little less fine and obtain customer consent for offshore work under new Internal Revenue Service rules aimed at giving
Tight credit hitting specialized areas of mortgage market (San Francisco Chronicle) Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market. The latest to feel the pinch: - Cash-out refinancings. - Loans
Don't Get Too Excited About Housing Starts There's probably going to be a lot of "clunking around at the bottom" in the home construction statistics, perhaps going on for years, and the June report on housing starts
Dow, Nasdaq head toward lower opening A Wall Street sign is on a financial district building, Friday, March 2, 2007 in New York.Commentread more...
CCL Industries buys European Joint Venture Specialty packaging firm, CCL Industries Inc., based in Willowdale, Ont., announced last week it has bought the remaining 49 per cent of its European Joint Venture, CCL-Pachem. In 2003, CCL
HSBC Ends Sales, Trading of Mortgage-Backed Securities in U.S. (Bloomberg.com) Nov. 8 (Bloomberg) -- HSBC Holdings Plc, the biggest U.K. bank, said it stopped sales and trading of mortgage-backed securities in the U.S. at its investment-banking unit.read more...
Rates are spiking just as housing sales pick up. Like just about everything else ? gasoline, food ? mortgage rates are getting more expensive. Last week, local rates climbed to the highest level this year.
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