GE plans Canadian bank The financial services division of General Electric Co., the ninth-largest company in the world by revenue, has applied for a banking licence in Canada, potentially providing more competition for the
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Mortgage lender IndyMac to lay off 2,403 (East Valley Tribune) LOS ANGELES - Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as
High-risk, low-doc mortgage market smaller (The Age) The true size of the controversial low-doc mortgage market has finally been revealed, and it is much smaller than previous estimates of between $28 billion and $50 billion.read more...
Who's Right,Greenspan or the Markets? Features ONLINE EXCLUSIVE Who's Right,Greenspan or the Markets? The Fed chairman gives the economy a qualified thumbs-up. But his assessment is debatable.via
Eleven Charged With Mortgage Loan Fraud (WLBT 3) The U-S government has arrested 11 people on charges in a multi-million dollar mortgage loan fraud scheme. Seven of the defendants, Patrick McGee, Marvin Dawson, Anthony Burroughs, Thomas Griffin, Edward
Mortgage rates rose for a fourth consecutive week as financial markets responded to fresh evidence that the economy is picking up momentum.
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