Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived.
Embattled homebuilders, who enjoyed a five-year boom, are now building new homes and apartments at a record-low pace, according to government data released Wednesday. New building permits, a barometer [...]
Some East Bay residents are calling on three national banks to renegotiate their mortgages to help them avoid losing their homes.
About two dozen people protested outside the Antioch branches of Countrywide, Wachovia and Washington Mutual on Friday.
The protest was organized by a Contra Costa County interfaith group that wants the banks to convert customers’ risky, [...]
BASKING RIDGE, N.J., and CHARLOTTE, N.C., Jan. 3 /PRNewswire/ — Verizon Wireless, the nation’s leading wireless service provider, and Wachovia Corporation (NYSE:WB), the nation’s fourth largest bank, today announced Verizon Wireless customers who bank with Wachovia now have direct access to Wachovia Banking and BillPay services. Mobile banking services are available on compatible mobile [...]
Atlanta Mayor Shirley Franklin announced a partnership Tuesday with several banks and community organizations that will give low-interest loans to developers building affordable housing in the city.
The Atlanta Acquisition Pool, as it is called, will have $25.5 million available for developers.
The money will be used primarily to buy land, often the biggest obstacle for these [...]
Atlanta Mayor Shirley Franklin announced a partnership Tuesday with several banks and community organizations that will give low-interest loans to developers building affordable housing in the city.
The Atlanta Acquisition Pool, as it is called, will have $25.5 million available for developers.
RELATED: %26bull; More Atlanta and Fulton County news
The money will be used primarily to buy [...]
Wal-Mart and Home Depot sneezed yesterday. Will the economy catch a cold?
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Home Depot said its earnings for the year would fall because of the weak housing market, a forecast that alarmed Wall Street.