Chinese bank disclosed property scandal
Beijing-based China Minsheng Banking Co Ltd reported US$36 million fraud
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Ceilings Come Down to Earth The cathedral-ceilinged "great room" is losing favor. Owners say these double-height rooms are expensive to heat and cool. They can be drafty and reverberate noise. Moreover, growing numbers of home
Lehman in talks to sell mortgage assets -reports (Reuters via Yahoo! News) Lehman Brothers Holdings Inc is in talks with prospective buyers, including BlackRock Inc, to sell mortgage assets and other hard-to-value securities, according to reports on Friday.read more...
Reverse mortgage (Detroit News) Appropriate for older borrowers who are "house rich" but cash poor, a reverse mortgage allows a homeowner to borrow against the equity in his home. The homeowner receives tax-free payments
Extreme unveiling Hundreds of volunteers -- incredible. A contractor and scores of construction crews who pushed themselves to build a house in less than a week -- amazing.read more...
Inherited home creates financing questions You need to sit down with your tax adviser to sort out the options, says Dr. Don.read more...
Mortgage Lawyer Is N.M. Appointee (AP via Yahoo! Finance) A top lawyer for bankrupt New Century Financial Corp., once the nation's second-largest subprime lender and now the target of a federal securities investigation, took over Wednesday as commissioner