ECB wins support from IMF in battle on interest rates
As political pressure grows on the European Central Bank to cut its key interest rates, the International Monetary Fund “There is no reason at the moment.
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Disbarred lawyer sentenced to 3 1/2 years in jail A recently disbarred Brampton lawyer has been sent to prison for 3 1/2 years for real estate fraud. via The Brampton Guardian read more...
US mortgage defaults weigh on HSBC profits (AFP via Yahoo! News) Global banking giant HSBC Holdings announced a a 35.5-percent surge in bad debts during 2006 owing to increased defaults on home loans by high-risk US borrowers.read more...
Kingsway in construction frenzy (Reg Req'd) The halls of Kingsway Regional were anything but quiet on Wednesday as electricians, masons and other contractors worked to complete $3.3 million in renovations by September.via
No developers at World Urban Forum, largest conference on cities If even half the people who registered show up, close to 8,000 people will be in Vancouver in three weeks for the World Urban Forum, a huge talk fest organized
Clinton wants stricter loan standards, clearer mortgage papers (FOX 10 Mobile) ORLANDO, Fla. Democratic presidential hopeful Hillary Rodham Clinton spoke today in Orlando and called for stricter home loan standards, clearer mortgage documents and...read more...
Home Depot Expects Profits to Fall in 2007 Home Depot Chairman and CEO Frank Blake said the Company expects its profits to decline in 2007 based on continued weakness in the housing market.Commentread more...