Board rejects E*Trade takeover The board of Ameritrade Holding, a US online securities broker, has chosen not to accept a $6.2bn takeover offer from rival E*Trade Financial and instead is supporting the group's stand-alone
JPMorgan Chase Says to Cut 91 SoCal Jobs JPMorgan Chase & Co. will lay off 91 employees at its mortgage operations center amid a downturn in the housing market and tighter lending standards. via International Business Times
UK mortgage lending on downward trend in Aug as market worries kicked off - BoE (The Forex Market) LONDON (Thomson Financial) - Mortgage lending and home loan approvals showed a decrease during the month of August, just as the financial market turmoil began, figures showed today.read more...
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Boyd Gaming Delays Vegas Project Boyd Gaming suspended construction of a $4.8 billion project on the Las Vegas Strip, citing financing problems.read more...
FBR's Mortgage Unit Files for Chapter 11 (AP via Yahoo! Finance) Investment bank Friedman Billings Ramsey Group Inc. said Friday that, as expected, its mortgage lending arm First NLC Financial Services LLC has filed for Chapter 11 bankruptcy protection.read more...
RISMEDIA, Oct. 6, 2005 ? BasePoint Analytics, a leading provider of fraud analytics and fraud consulting services to the financial services market, today announced the general release of FraudMark?, a revolutionary new fraud detection product for mortgage lenders, investments banks and due diligence firms.
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