Business Briefs Santa Cruz Seminars for home buyers, sellers June 21, 2005
Local real estate experts Allan Melikian and Peter Boutell will hold two Knowledge is Power series seminars this week.
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Northern Rock suitor outlines offer "The government has indicated its complete openness to any proposals that address the issues and the needs" The offer from Olivant, which includes immediately repaying up to 15 billion
Construction Slows in Wisconsin Wisconsin's home construction market is the slowest in seven years, MTD Marketing Services reported Thursday.read more...
Cable Ad Execs Explore the Arcade One click leads to arcade-style game downloads like Pirate Poppers and Turtle Odyssey .read more...
UK mortgage lending second highest on record in November, says CML (Banking Business Review) Gross mortgage lending rose by 5% to an estimated GBP28.5 billion in November according to figures from the Council of Mortgage Lenders. This was the second highest monthly lending figure
Our View: Race still a factor in mortgage lending, study finds. That hurts everyone. (Fayetteville Observer) The mortgage industry is scrambling its spinners and spokespeople to proclaim innocence, but the numbers tell a different tale. There is rampant racial discrimination in the home-loan business.read more...
Nomura to Shut Down US Mortgage Business (AP via Yahoo! Finance) Nomura Holdings Inc. said Monday it will shut down its mortgage-backed securities business in the United States, the latest casualty of the subprime mortgage crisis.read more...