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E. Butterfield

E. Butterfield's Posts

Jumbo Comeback Jumbo Comeback

DICK KOVACEVICH, CHAIRMAN OF Wells Fargo, told the audience at the 37th Annual Bank of America Investor Conference in San Francisco that while the current credit environment may reek of “war, pestilence, and famine,” all hope is not lost for the nonconforming, or jumbo, loan market. Read more

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Environmental Impact

MARKETED AND SOLD AS A WAY to be more environmentally conscious, in addition to saving money on monthly bills, compact fluorescent light bulbs (CFLs) seem to be a panacea of environmental stewardship. Read more

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Compact Fluorescent light bulbs raise environmental concerns

MARKETED AND SOLD AS A WAY to be more environmentally conscious, in addition to saving money on monthly bills, compact fluorescent light bulbs (CFLs) seem to be a panacea of environmental stewardship. Read more

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Lumbering Up

FRAMING LUMBER PRICES, WHICH HAVE trended down since early 2006 and have been consistently below $300 per 1,000 board feet since mid-2006, may be headed back above $300. Read more

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Going Out of Business

WHETHER FEDERAL RESERVE CHAIRMAN Ben Bernanke is right that “the problems in the subprime [mortgage] market seem likely to be contained” from impacting the overall economy, is irrelevant to the thousands of lenders who joined unemployment lines in recent months, as banks and lending companies cut back in the face of pressure to rein in lending practices. Read more

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