BoCom in 200m yuan fraud probe Hong Kong-listed Bank of Communications, the mainland's fifth-biggest lender, is investigating a fraud case involving 200 million yuan at one of its branches in northeastern China, according to a statement
30-Year Mortgage Rates Highest in 4 Years (Minneapolis-St. Paul Star Tribune) WASHINGTON (AP) - Rates on 30-year mortgages climbed this week to their highest point in nearly four years, helping take the exuberance out of the housing market. Freddie Mac, the
Gramercy Gains 50% Grasp on Ex-AT&T... BRIDGEWATER, NJ-Gramercy Capital Corp. has acquired a 49.75% equity interest, with a .25% interest to be acquired later, in 55 Corporate Dr., a three-building, 670,000-sf office campus here.read more...
New Tax Rules May Hurt House-Hoppers Part of the housing-stimulus package recently signed into law could reduce the appeal of a tax-saving strategy used by wealthy home-hoppers. Many owners might not be eligible to claim the
Crew battles weather, delays to get 'er done Holly Hirst hasn't seen her husband, except for brief moments on the Blacksburg set of "Extreme Makeover: Home Edition," since last weekend.read more...
CU Forecasts Soft Landing For Colorado Economy DENVER Colorado's lackluster economy will see widespread but small job gains and slow even more in 2007 as it struggles against housing market woes and a national slowdown, according to
The National Association of Mortgage Brokers spent more than $480,000 lobbying in the first quarter as Congress and federal agencies considered new regulations on the industry.
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