In the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets."
WAILEA - Bank of Hawaii chief economist Paul Brewbaker thinks everybody - including the people he works for - have overdone it with economic pessimism, The Maui News reported today.
Restaurateur Fred Livingston is getting out of the restaurant business after 30 years and has put his last eatery, Don Ho’s Island Grill at Aloha Tower Marketplace, up for sale.
The nationwide credit crunch has taken a toll on Hawaii's commercial real estate sector, which saw sales volume plunge 58.5 percent in the first half of the year, according to a new report.
WAILEA - Bank of Hawaii chief economist Paul Brewbaker thinks everybody - including the people he works for - have overdone it with economic pessimism.
