Convicted mortgage broker sentenced to 7 1/2 years in prison (San Francisco Chronicle) A former Modesto mortgage company executive who fleeced lenders and elderly clients of millions of dollars was sentenced to seven and a half years in federal prison. Tony Daniloo, 32,
Lehman Brothers Reports Fourth-Quarter Losses NEW YORK | Lehman Brothers Holdings Inc. reported its third straight quarter of losses Thursday, because of further turmoil in global credit markets, but the company managed to offset most
Lowe's 3Q Profit Soars, Shares Leap Lowe's Cos., the nation's second-largest home-improvement retailer, said Monday its third-quarter earnings rose nearly 26 percent, beating Wall Street's expectations, as homeowners continued to spend money on ...read more...
Mortgage applications increase 2.3% (Baltimore Sun) U.S. mortgage applications rose in the week that ended Nov. 4 for the first time in three weeks, reflecting more home purchases, according to a private group's survey released Wednesday.
Do Real-Estate Agents Have a Secret Agenda? Home buyers have a new reason to be wary in this weakening housing market: Agents increasingly are receiving big bonuses to push one home over another.read more...
Rand keeps a level head "This happened to coincide with a modest retreat in the USD as investors locked in profits ahead of what has been a long weekend and responded to the realisation that
The bonds should have years to go before they mature, says Dr. Don.
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