Asian Vacation Homes: Paradise at a Price Howard Gross was so happy with his house in Phuket that he bought another one. Mr. Gross, a teacher at the Canadian International School in Hong Kong, bought a townhouse
Sales up, loans down Coast pawnbrokers have seen a dramatic drop-off in customers pawning goods for quick cash and an increase of merchandise sales since Katrina, local owners and managers said.read more...
5 banks create $125 million fund for New England mortgage relief (Eagle-Tribune Online) BOSTON (AP) - Five banks have created a $125 million fund to refinance mortgage loans for New England homeowners facing interest rate increases.read more...
M&T slides on mortgage woes, First Data soars on deal (Market Watch) NEW YORK (MarketWatch) - M&T Bancorp shares fell nearly 9% Monday after analysts downgraded the bank in anticipation of lower results due to subprime mortgage losses, casting a pall over
Mortgage Choice profit up, keeps outlook (AAP via Yahoo!7 Finance) Mortgage Choice has stuck to its forecast of delivering 10 per cent annual profit growth despite warning of challenging lending conditions in the second half.read more...
Reuters Reporter Cherry-Picks Home-Sales Data and Opinions to Downplay Record Results In her report yesterday on existing home sales, Reuters reporter Kristin Roberts chose to emphasize a one-month decline in December and negative anecdotal information from the Midwest, while failing to
North Carolina is about to make it more difficult to work in the mortgage industry. A series of new rules ? designed to help consumers ? add several requirements before someone could be licensed as a loan officer or as a mortgage banker or broker. First proposed a year ago, the changes come at a time of increased scrutiny for the industry. Among the rules: Someone applying to become a loan …
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