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Brussels directives will not aid mortgage markets (Financial Times)  Mortgage markets across European countries look pretty different. At one level this suggests a lack of integration, and that might seem to imply big inefficiencies that justify some sort of


Legacy Hotels Real Estate Investment Trust Completes Mortgage Refinancing (SYS-CON Media)  Legacy Hotels Real Estate Investment Trust ('Legacy' or the 'Trust') (TSX: LGY.UN) today announced it has completed a $115.0 million floating rate mortgage refinancing for Fairmont The Queen Elizabeth in


TCW CDOs Dump $3.2 Billion of Mortgage Bonds After Value Drops (Bloomberg.com)  Sept. 20 (Bloomberg) -- -- TCW Asset Management, the money manager owned by France's second-biggest bank, is selling $3.2 billion of mortgage securities backing collateralized debt obligations after the value


Fed Chief Expects Economy to Rebound   "We have not seen major spillovers from housing onto other sectors of the economy" Federal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from an anemic performance


If There's Not a Lake There, Build One  read more...


Bob Bruss: Reverse mortgage may be best way for senior to pay for repairs (San Antonio Express News)  When I suggested a reverse mortgage, which you often recommend, my mother said her banker recommends a home equity loan to pay for a new roof and other repairs. What

July 5th, 2005

Hanover wonders, what’s the holdup with library?

Every day since August 2003, Brian Staub has watched the construction of the Guthrie Memorial Library across Carlisle Street from the Texaco station where he works in Hanover.

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