News in brief from eastern Pennsylvania
The state attorney general’s office has rejected an offer to settle a civil suit alleging that home sales in the Poconos violated consumer law by misleading buyers about financial details.
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FRBSF Economic Letter: Credit Risk Transfer This post will not interest very many of you so most of it is in the continuation frame.read more...
Chancellor to meet mortgage lenders (ePolitix.com) Chancellor Alistair Darling is meeting with mortgage lenders to discuss ways to reinvigorate the housing market.read more...
U.S. loosens rules for mortgage help (International Herald Tribune) The U.S. government has relaxed rules for a mortgage aid program after fewer than 5,000 people qualified under the original regulations.read more...
Thinking Out Loud: The Long View: Sustainable Interior Design Bridie Chwalek has made it her mission to learn all about interior design, but with a unique perspective.read more...
Olson: Fed doesn't shape borrowing costs Federal Reserve Board Governor Mark Olson said on Thursday it would neither be appropriate nor effective for the U.S. central bank to use official interest rates to try and influence
Implications of Commercial Real Estate Collapse "It's just a matter of time before the weakness spreads to the rest of the economy." Hidden in the headline U.S. Housing Crash Deepens in 2008 After Record Drop