Australia's ST George Bank Prices Mortgage Backed Securities (Asia Pulse via Yahoo! Australia & NZ News) St George Bank has priced $A2.24 billion (US$1.7 billion) in residential mortgage backed securities as part of its Crusade Global Trust issue, which included a $US1 billion senior class.read more...
Vow to halt $1.3B sale Sen. Charles Schumer vowed yesterday to block the $1.3 billion sale of Starrett City unless the new owners find a way to keep its 6,000 apartments affordable for its 14,000
PMI ยท Private mortgage insurance is often required by a lender when a buyer puts up less than 20 percent of the purchase price of a home for a down
Fed reacts to mortgage crisis with rate cut (Rocky Mountain News) The Federal Reserve lowered the interest rate it charges banks and acknowledged for the first time Friday that an extraordinary policy shift is needed to contain the subprime-mortgage collapse that
Fraud Scheme Costs Lenders Millions DAYTON, Ohio -- Federal authorities call it a mortgage fraud scheme that cost local lenders almost $2 million.read more...
Do a Home Inventory Before Some Kind of Disaster Happens To keep a fire, burglary or other disaster from devastating your assets, make a thorough inventory of everything you have in your home this week, so that you can document
KINGS BEACH, California Four beaches have reopened on Lake Tahoe’s north shore after 120-thousand gallons of raw sewage spilled into the lake earlier this month.
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