Citigroup Slashes 9,000 Jobs, Posts $5.1B Loss Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as poor bets on mortgages and leveraged loans lopped billions of dollars from
Fast facts on mortgage insurance (San Jose Mercury News) FAST FACTS ON MORTGAGE INSURANCE What is mortgage insurance? Insurance to cover some of a mortgage lender's losses in case a borrower stops paying his or her mortgage.read more...
Grand Rapids Press story (Reg Req'd) If you're looking to add insulation to ease your home heating bills, be prepared to wait.read more...
Holiday Lights Won't Add That Much to Electric Bill read more...
Mortgage woes: worst may be coming (The Age) The IMF says the crisis that began in the US mortgage market is spreading deeper into other countries.read more...
New loan is tailored to Korea December 14, 2005 With the advent of the "jeonse mortgage" in Korea, the time when only homes could be used as collateral in securing mortgages is over.read more...
South Korea’s financial watchdog unveiled a set of regulations Tuesday to keep lenders from extending excessive mortgage loans in an apparent bid to cool the hot property market.
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