Financial sites open doors to closed-end funds
Last week, First Financial Fund Inc., an investor in financial services firms such as banks and mortgage bankers, said it would pay a $4.12-per-share annual dividend on Dec.
read more…
State orders firm to stop mortgage lending (Stamford Advocate) The state Department of Banking on Tuesday suspended the lending licenses of an embattled mortgage firm that is under investigation for failing to provide funding for customers whose mortgage loans
The best fest ever The mortgage consultant at the Medway Co-operative Bank let people, for $1 per throw, take aim at a target for a chance to drop him into a pool of water.read
Home Foreclosures Hit Record High "This situation calls for a vigorous response" Home foreclosures soared to an all-time high in the final quarter of last year, underscoring the suffering of distressed homeowners and the
Mortgage Giants Avert Potential Disaster (Minneapolis-St. Paul Star Tribune) WASHINGTON (AP) - A potential financial disaster that could have shaken the housing market was averted because regulators discovered accounting failures at Fannie Mae and Freddie Mac, the new head
Existing Home Sales Fall for 5th Month Sales of existing homes fell for the fifth consecutive month in August as the once-booming housing market slowed further.Commentread more...
Federal Judge Rejects Homeowners' Lawsuit Against Major Mortgage Registry (Law.com) A federal judge has dismissed a proposed class action lawsuit filed by homeowners who cast doubt on the legitimacy of the nation's leading mortgage registration firm to represent lenders in