Reuters - American International Group , non the heels of reporting its largest-ever loss, said on Friday nthe subprime crisis had thrown it into “uncharted waters” that nwere likely to remain choppy through 2008. Read More…
For the housing market in New Jersey, the news is not all bad. Read More…
Would doing so be a breach of the board’s fiduciary responsibility? Read More…
Is there any regulation regarding this potential conflict of interest? Read More…
AP - Congressional Democrats are turning to more populist, economic themes like mortgage foreclosures and big oil companies’ profits now that military progress in Iraq is generating mixed political reviews. Read More…
AFP - The French-Belgian bank Dexia, which specialises in financing local authorities, reported a 7.9-percent fall in net profit on Friday but said it had been little affected by the US home-loan subprime crisis. Read More…
Beautiful Napa is experiencing foreclosures, plunging housing prices, unheard of drops in home sales and the nervous sense of foreboding that has spread across the country like a flu. Read More…
The same sorts of loans that drove the housing boom are now giving borrowers incentives to walk away. Read More…
Freddie Mac and Fannie Mae may have ngotten ngood news from their regulator which lifted the corporations’ nportfolio caps, but their earnings reports for the year just ended were npretty devastating. Read More Now nn Read More…
Builders and architects have made it possible to purchase a brand new Adirondack-style home, or to remodel and winterize one of the originals with attention to historic detail. Read More…