Northern Rock confirms talks with bidders "Northern Rock will continue to work with potentially interested parties to understand more fully their preliminary proposals" Mortgage lender Northern Rock PLC confirmed Monday it is discussing options with
US mortgage defaults weigh on HSBC profits (AFP via Yahoo! News) Global banking giant HSBC Holdings announced a a 35.5-percent surge in bad debts during 2006 owing to increased defaults on home loans by high-risk US borrowers.read more...
Congrove scandal heats up A war of words and worse is heating up between a self-anointed government gadfly and a county commissioner he once befriended and backed politically.read more...
Non-residential construction offsets housing decline Industrial and institutional construction is offsetting a sharp decline in residential building in Ottawa, according to new data from Statistics Canada.read more...
UPDATE: Mortgage Applications Down 4.6% On Fewer Refinancings: MBA (Nasdaq) CHICAGO (Dow Jones) -- Mortgage applications fell a seasonally adjusted 4.6% last week due to a drop in refinancing activity, the Mortgage Bankers Association said Wednesday.read more...
Hempstead project in trouble A $10-million Hempstead Village redevelopment project taken over by a bi-county black organization in 2001 is in financial jeopardy, according to Nassau County officials who want the project under new
There are walking trails, swimming pools and tennis courts. The landscape is well-maintained. If you didn’t know better, you might think you were walking the grounds of a resort.


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