Higher rates make CDs sound good NEW YORK - Since October, Paula Hershenson, 72, of Lincoln, Calif., and her husband have parked $1 million in one-year CDs yielding 4.325% to 4.975%. Additional Resources... Two weeks ago,
National City to close wholesale-mortgage unit (The Toledo Blade) CLEVELAND - Regional bank National City Corp. said yesterday it is closing its wholesale mortgage division, which offers mortgages through brokers, eliminating 900 jobs.read more...
Housing Panel Seeks Aid Avenues read more...
Countrywide leads mortgage sector shares down (Los Angeles Times) The mortgage giant says 'disruptions' could hurt earnings but CEO Mozilo is optimistic about the Fed's role. Countrywide Financial Corp. led shares of U.S. mortgage companies lower
Slower Housing Market Predicted Rejecting the idea that a bursting real estate bubble could cause a sudden drop in California home prices, the chief economist of the California Association of Realtors yesterday predicted a
Why Use a Realtor - decoding NAR-speak "I'm going to market your property better than the rest" Inspired by these two comments on the BHB, today I'm going to respond to/pick apart the National Association of
FRANKLIN, Tenn. (Sports Network)—After a one-year hiatus from the Nashville area, the LPGA returned last season to familiar territory for the inaugural Franklin American Mortgage Championship. The event went so well that the circuit is back again and looking for bigger things.
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