EarthLink agrees to buy New Edge EarthLink said Tuesday that it agreed to buy closely held New Edge Networks of Vancouver, Wash., for about $144 million in cash and stock.read more...
Ameriquest to Pay $325M Settlement The parent company of mortgage lender Ameriquest has agreed to pay $325 million to settle investigations into its practices by attorneys general in several states, a person familiar with the
Americans Drowning in Debt Since the last business cycle officially ended in March 2001, the US has experienced an extraordinary boom in private household debt.read more...
Demand for American mortgages growing steeply in CzechRep -- press PRAGUE- Czech people's interest in American mortgages has increased significantly since last year, and bankers say the loans are taken out to finance above all luxury holidays, expensive cars and
Subprime U.S. mortgage default rate up (UPI) Rising loan default rates among borrowers with spotty credit are hurting the U.S. subprime mortgage business, a published report said. Defaults and related ...read more...
How Not to Fight Inflation The ongoing debate about the significance of owner's equivalent rent within the consumer price index is yet another example of how hapless the nation's dismal scientists are as they continue
Nominal year-on-year growth of 23,3% in South African house prices was recorded in June this year, compared with a revised growth rate of 24,9% in May, according to the latest Absa house-price index released on …
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