Value of building permits drops sharply
Ottawa builders are shifting their focus from residential construction to the industrial and commercial sector, according to the latest tally of building permits by Statistics Canada.
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Earnings Rise at First Community First Community Bancorp, the Rancho Santa Fe-based holding company to First National Bank in San Diego, reported net income of $13 million for its third quarter, up 36 percent from
Mortgage fraud outpacing investigations "There's too many cases, not enough agents." The number of reported mortgage fraud cases has climbed so quickly that U.S. federal investigators and prosecutors say they can't keep pace.
City to Take Money Instead of Land read more...
BoC governor Carney warns about loosening mortgage standards in Canada "The costs for the banks have increased and yet there still remains an operating band (for other loans), except for five-year mortgages" - Bank of Canada governor Mark Carney
Inside Advice: Give your home the edge in a highly competitive marketplace There's no question that this is a tough time to sell your house. There are more homes available than there are buyers. via Atlanta Journal-Constitution read more...
Commonwealth Bank Launches $7 billion Mortgage Securitisation Commonwealth Bank today launched its tenth global issuance, a $7 billion mortgage backed security through the Medallion Trust.Commentread more...