Mortgage slump may be bottoming out (The New Zealand Herald)
Mortgage approvals for the week ended August 8 appear to show approvals bottoming out in recent weeks after a long decline that started in early 2007.
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US retailer Home Depot accepts $1.8 billion less for wholesale supply unit ATLANTA_Home-improvement supplies retailer Home Depot Inc. has tentatively agreed to sell its wholesale distribution business to a group of private equity firms for $1.8 billion less than originally planned,
Fitch Takes Rating Action on Fidelity Funding Mortgage Finance Corp. 1997-1 (Business Wire via Yahoo! Finance) Fitch Ratings affirms and downgrades another class of Fidelity Funding Mortgage Finance Corp., mortgage pass-through certificates, series 1997-1:via
High street spending will slide as 'mortgage famine' hits, say analysts (Daily Telegraph) Growth in consumer spending is expected to slide from 3pc in 2007 to 1pc this year and next as the diminishing liquidity in the mortgage market limits the nation's ability
Home Mortgage Rates On The Decline Again In business news.. the nation's heated housing shows no signs of slowing down. Mortgage rates have dropped again now at their lowest levels since February.via
Justice Department probes allegations of discrimination in mortgage lending (Sun-Sentinel) WASHINGTON The Justice Department is investigating several possible instances of discriminatory mortgage lending, and plans to open more inquiries soon, an agency attorney told lawmakers on Wednesday.
$49 Million. In This Economy? The historic Evermay estate in Georgetown, which went on the market for $49 million last week, set a record for the highest price ever sought for a residential property in