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Bair Is Open to Banks Profiting on Problem Loans
FDIC Chairman Sheila Bair said she would be open to letting banks see some of the profits if they dump problem loans that ultimately recover some value.
Wall Street Journal

$150M buys you late TV producer`s L.A. mansion
The widow of producer Aaron Spelling is placing 'The Manor' in the exclusive Holmby Hills neighborhood on the market for a jaw-dropping $150 million, making it by far the most expensive home for sale in the U.S. The French chateau-style mansion has 56,500... Presented By:Norton Online Family and Fatherhood I haven't made a post on here in a while, and there's a good reason. I've been keeping my head down, working hard with my teammates on Norton Online Family. Now that the beta has been released you can see the fruits of our labor for yourselves.www.community.norton.com >> Ads by Pheedo
SF Gate

State aid urged for Russian banks
Hundreds of Russian banks are likely to go under by the end of the year as the amount of bad loans surges, a senior Russian banker has warned
FT

Foreclosure relief plans still not making a dent in Texas filings, study shows
Despite national efforts to stem the tide of foreclosed homes, postings in much of Texas remain upward bound.
Biz Journal

Stocks to Watch: Stocks in focus for Friday
Among the companies whose shares are expected to see active trade in Friday's session are KB Home, Accenture Ltd. and Tibco Software Inc.
Market Watch

Cracks in levee force evacuations in Fargo, ND
Officials ordered the evacuation of one neighborhood and a nursing home late Thursday after authorities found cracks in an earthen levee built to protect the area from the threat of the rising Red River. Residents were not in immediate danger, and floodwaters...
SF Gate

TaxWatch: Facing a tax bill on cancelled debt? There is a way out
Many folks have lost a job or watched their income plummet during this financial crisis, and that's meant more people defaulting on their credit-card or other loans.
Market Watch

Pittsburgh home sales fall in Feb.
Home sales in the Pittsburgh region continued to slide in February, which posted a 33 percent drop over the same month last year.
Biz Journal

Jones, Crye-Leike build green Habitat home
The Jones Co. and Crye-Leike Realtors are dedicating a green Habitat for Humanity home on Friday for a Spring Hill family.
Biz Journal

China losses force Kingfisher to pare back
Kingfisher is planning to cut its shop space in China by 40 per cent over the coming two years as Europe's biggest home improvement chain overhauls its loss­making Chinese operation
FT

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Archived "business - home loans" news stories.

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