H&R Block loss soars on mortgage meltdown (MSNBC) H&R Block Inc., the nation?s largest tax preparer, said in a preliminary earnings report Tuesday that it expected a huge second-quarter loss because of the mortgage meltdown.read more...
Major lender raises mortgage rates (Channel 4) HSBC became the first of the major lenders to announce it was hiking its mortgage rates following the recent jump in wholesale funding costs. The group is increasing its fixed-rate
Execs looked at in New Century probe Federal investigators looking into New Century Financial Corp. will be examining whether admitted accounting errors by the mortgage lender specializing in high-risk loans were the result of sloppy bookkeeping ...Commentread
Living la vida Lucite In his tiny Upper East Side apartment, with its single, shallow closet, Giuseppe Pica has room for only what he absolutely needs.read more...
Lumber Prices Spike The destruction left in the wake of Hurricane Katrina prompted construction wholesalers nationwide to horde plywood and lumber this week, jolting prices upward for two of Oregon's main forest products.read
Mortgage approvals boom in March (ShareCast via Yahoo! UK & Ireland Finance) Adding further credence to reports of a buoyant housing market, a new survey has shown mortgage approvals jumped last month.read more...
The study further indicates that a growing number of hotel marketing departments are shifting more of their sales budgets to activities that involve person-to-person contact, like trade shows, meals and …
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