US thrifts’ lost $5.4B in 2Q, second largest ever
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
read more…
REAL ESTATE CALENDAR Here are some events builders and developers have scheduled locally for would-be home buyers in the coming weeks. All are free and open to the public. read more...
Community group says Sovereign has poor record on minority loans PHILADELPHIA - A community group has asked the Federal Reserve Board to force Sovereign Bancorp to hold public hearings on its two acquisition deals, claiming that the thrift has a
176 Newspapers to Form a Partnership With Yahoo read more...
U.K. Treasury chief to lower growth forecasts for 2008 because of credit crisis "Exports are vulnerable to a global slowdown, while at home business investment may be constrained by tighter credit conditions" LONDON : British Treasury chief Alistair Darling is expected to
Widow, 94, stung by `reverse mortgage' (San Jose Mercury News) If you want to understand just how toxic a home mortgage can get, consider this real-life, ongoing saga: Katherine Stephens is a 94-year-old widow, now living in a nursing home
From Piles of Stone, a Colorful Addition to the Landscape BAY SHORE, N.Y. -- In one area of their landscape recycling yard were pile upon pile of mulch, much of it being dyed black, red and brown. In another area
August 26th, 2008
read more…