Out of the Gate: Thornburg Mortgage (AP via Yahoo! Finance) Shares of Thornburg Mortgage Inc. continued falling at the opening bell Tuesday a day after the struggling mortgage lender disclosed the value of its assets had fallen sharply in
Are you ready for retirement? A new study says more than four in 10 baby boomers and Generation Xers are not, and they have a choice: Save now or suffer later.read more...
Home Sales Up, Prices Down WASHINGTON - The beleaguered housing industry is sending mixed signals, with sales of new homes surging in April by the biggest amount in 14 years while prices endured a record
Looking for Distressed Mortgage Opportunities (BusinessWeek) Listed hedge funds, private equity firms, and closed-end distressed asset funds may provide investors with some exposure to these assets read more...
Sales of New and Existing Homes Will Continue Their Slide in 2007 Existing-home sales will fall 8.1% this year while new-home sales will drop 7.1%, Fannie Mae says. The declines are largely due to investors pulling out of the housing market, the
Filing: Countrywide CEO to get $10 million in stock "Bank of America will hopefully correct the bad practices Countrywide put in place. But enriching people who specialized in deceiving borrowers for the sake of their bottom line will not
The Sembulang area on the island of Rempang covering 2,000 hectares will be developed into a special economic zone for strategic industries.
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