Brokers say rising mortgages may usher in era of 40-year loans With predictions of 30-year, fixed-rate mortgages creeping up to 7 percent next year, mortgage and real-estate brokers say 40-year, fixed-rate loans could become commonplace as people try to get into
World Business Quick Take Banking Citibank Korea probed South Korea's financial watchdog said yesterday it has been investigating Citibank Korea Inc over derivatives trading losses worth more than 10 billion won .read more...
Lehman Brothers to Cut 850 More Jobs in Mortgage Unit (Update1) (Bloomberg.com) Sept. 6 (Bloomberg) -- Lehman Brothers Holdings Inc., the biggest underwriter of U.S. bonds backed by home loans, said it will cut 850 more jobs because of reductions in the
Factory Five Fine Tunes Sports Car Kit Designs With SolidWorks Aug. 21, 2006-- Factory Five Racing is using SolidWorks 3D CAD software to design racing car kits that make hobbyists' dreams come true.read more...
Even Castles Made of Sand... Why build a home for your retirement when you could build a medieval castle? That was the Gunkels' attitude when they contracted with a construction company to build a 44-foot-high,
Bernanke upbeat but 'flexible' amid mortgage woes (International Herald Tribune) Ben Bernanke, the Federal Reserve chairman, did not expect problems in the mortgage lending business to hit the rest of the economy, but said that the Fed had given itself
This fraud will cost Americans billions of dollars under the guise of health care aids, charities, lotteries, sweepstakes, government grants and contractors offering home improvement deals.
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