Bank shares plummet amid mortgage fears (Reuters via Yahoo! News) Shares of National City Corp and Washington Mutual plummeted more than 25 percent each, leading financial stocks lower on Monday amid fears about bank stability and the future of
President of mortgage companies denies fraud (Boston Globe) The president of a mortgage company that does business in New Hampshire, Maine and Massachusetts admits paperwork mistakes, but denies fraud.read more...
Housing Starts and Permits Dip From Reuters: Housing starts, permits dip; still strong The pace of U.S. housing construction slowed in February as permits, starts and completions fell, the government said on Thursday in a
New Write-Off Benefit Should Be Ready for 2008 read more...
Santa Rosa ramps up efforts to repair roofs before June 1 As another hurricane season looms, the rush is on to get storm-damaged homes livable.read more...
Metals pull back following plunge in existing home sales; energy rallies on supply concerns Industrial metals prices fell Wednesday after a trade group reported a record drop in existing home sales, stoking concern that the U.S. housing slump could worsen and dent demand
In an effort to shore up its capital base, regional bank Fifth Third Bancorp said Wednesday it will slash its dividend, raise $1 billion through a preferred stock offering and generate another $1 billion …
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