Hard Money Loans

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The Cost of Funds Index was 2 basis points lower in March than in February, the Federal Home Loan Bank of San Francsico reported. COFI has been lower each month since June 2010. A year ago, the index was 41 BPS higher. View full post on Mortgage Stories

A reader responds to “Show Us the Data. It’s Ours, After All.,” (Economic View, April 24). View full post on Business Stories

We know the Grand Canyon was formed when the vast Colorado plateau rose from the ground, then eroded. But scientists have long been stumped as to why the 130,000-square-foot pushed more than a mile upward. Now, a team of researchers may have found the answer, and it lies in… View full post on United States [...]

Commissioner Bud Selig seized control of the Dodgers though he had Major League Baseball lend the Mets millions as its owners’ Bernard Madoff problem grew. View full post on All Stories

Northern Cheapskate: Economic habits can change By Christina Brown | Saturday, April 30, 2011 It’s been nearly a decade since my husband and I started to tighten our belts and pay down our debt . A lot has happened since then. We’ve paid off our student loans and car debt, remodeled and sold a home, [...]

MINAMI-SANRIKU, Japan – For more than 45 days, the Watanabe family, all eight of them, have tried to make a tiny part of a school gym floor into their home. Having lost their 200-year-old farmhouse … View full post on All Stories

Kana Pipeline received notices from several plastic pipe suppliers such as Vinyltech and Diamond Plastics Corporation, indicating that a major resin supplier to the polyvinyl chloride (PVC) and plastic pipe industry had declared “force majeure …effective April 14, 2011” due to the highly volatile situation in the resin market. The impacts result in significant price [...]

BY JEFFRY BARTASH WASHINGTON – Builders started construction on homes at a faster rate in March and permits to begin new work also rose, but the homebuilding industry remains mired in its worst slump ever. Housing starts rose 7.2 percent from February to an annual rate of 549,000, the Commerce Department said. Read more on [...]

Federal Reserve Chairman Ben Bernanke on Friday called for more lending to people and small businesses in lower-income neighborhoods, saying they’ve been disproportionately hurt by the recession. View full post on All Stories