Fannie, Freddie Impact on Banks Downplayed Federal bank regulators said they believe a plunge in the preferred shares of Fannie Mae and Freddie Mac would have limited impact through the banking system.read more...
A Fixed-Rate Solution To Mortgage Uncertainty Andy Hallmark and his wife faced the same financial squeeze now bringing pain to thousands of homeowners around the country: The monthly payment on their floating-rate home equity credit
Amgen Profits Rise On Strong Drug Sales Associated Press Amgen Profits Rise on Strong Drug Sales 04.21.2005, 04:41 PM Amgen Inc., the biotechnology company, reported Thursday its profits rose sharply for the first quarter because of strong
Florida home sales drop 29% (Reg Req'd) Statewide median home price ends double-digit growth Sales of condos outperform single-family market in Orlando during June, thanks in part to a drop in condo values.read more...
Home Depot Launches Loan Program ATLANTA, Jan. 11 /PRNewswire-FirstCall/ -- The Home Depot , the world's largest home improvement retailer, today announced the launch of The Home Depot SPEC Construction Loan program, available through all
Euro banks halt trading in some mortgage bonds (CNN Money) Growing unease among investors has driven banks in Europe to temporarily suspend trading of covered bonds, the latest sign of the deepening problems in the mortgage debt market.read more...
California’s economy will slow in the next two years as its “red hot” housing market cools, pushing up the unemployment rate, according to a study by UCLA Anderson Forecast.
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