SEC Ends Met Mortgage Stock Registration (WJLA-TV Washington D.C.) Washington (AP) - Collapsed Metropolitan Mortgage & Securities Co., once a $2.7 billion conglomerate, has had its right to issue and trade stock terminated by the Securities and Exchange Commission,
Nordic AM's new launch reinforces fixed-income focus Copenhagen-based Nordic Asset Management's June 1 launch of its AAAsgard Fixed Income Fund underlines the investment focus it adopted after a change of management last October.read more...
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Patrick Seeks Crackdown On Foreclosure Fraud Gov. Deval Patrick, reacting to record numbers of people losing their homes, called Wednesday for the criminalization of foreclosure fraud, better tracking of foreclosures, and a public education campaign
Countrywide's Pressures Mount Countrywide's pressures mounted as three states filed separate lawsuits. The company's shareholders approved the sale to Bank of America. (Text of the California suit)read more...
A way to buy a better house - now Over the past few years, demand for interest-only mortgages has fallen, with buyers opting instead for a home loan on a repayment basis.via
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