U.S. Housing Boom Grew in 2004
The risk of a real-estate bust may now be higher than ever, according to a new study.
via
Lehman Brothers profit jumps on revenues Lehman Brothers Holdings Inc. reported a 77 percent jump in third quarter profits Wednesday, handily surpassing Wall Street's forecasts due to record revenues in its investment banking and investment management
Royal Bank trims mortgage rates (CBC News) In another sign that debt markets are relaxed about the danger of inflation, Canada's biggest bank is leading the way to a small cut in mortgage rates.via
Income checks needed for loans, regulator says Banks need to know a potential borrower's real -- not stated -- income when a subprime loan is applied for, a top U.S. banking regulator said Wednesday, as problems
Ameriquest in $325M settlement with states The parent company of mortgage lender Ameriquest has agreed to pay $325 million to settle investigations into its practices by attorneys general in several states, a person familiar with the
Tip Du Jour: Understand your score Consumers can become familiar with their credit report by using BBBTips on Understanding Your Credit Report, available online at www.bbb.org/ tips/clearpoint. A credit report is a record of your financial
5 plead guilty in mortgage scheme (FOX 10 Mobile) HATTIESBURG, Miss. Five people has pleaded guilty to federal charges of mortgage fraud for their role in a scheme ran by alleged conspiracy ringleader Richard...read more...