Jobless Claims Fall for Second Week Applications for unemployment benefits dipped for a second straight week, indicating the labor market remains healthy despite a yearlong slowdown in economic growth.The Labor Department reported Thursday that the
Reverse mortgages the future for Australian securitization ABN AMRO makes its second foray into reverse mortgages in a month, suggesting these equity release loans will become the next to be securitized.read more...
Economy shows some unsteady signs for Fed chief Ben Bernanke's honeymoon as the new Federal Reserve chairman is drawing to an end.read more...
Mortgage crisis inquiry reviews whether data on loans was withheld (International Herald Tribune) An investigation by New York state prosecutors is focusing on whether Wall Street banks withheld information about risks posed by investments linked to subprime loans.read more...
Lehman results fall on mortgage, loan writedowns (Reuters via Yahoo! News) Lehman Brothers Holdings Inc. said on Tuesday that its quarterly earnings fell 3.2 percent, the first decline since 2002, as the U.S. investment bank wrote down mortgage and leveraged
Leading Mortgage Processing Firm DPS Revamps Industry and Delivers Paperless eMortgages With Oracle(R) 10g Software (FinanzNachrichten) REDWOOD SHORES, Calif., Feb. 19 /PRNewswire-FirstCall/ -- Document Processing Systems, Inc. (DPS), a pioneer in the electronic mortgage processing industry, is using Oracle(R) Database 10g for its DPS eMortgage Studio(TM),
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