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Mortgage lending boosts Banesto profits (Financial Times)  Banesto , the Spanish bank, on Thursday unveiled a 16.2 per cent annual rise in net attributable income for the first nine months, driven by a surge in mortgage lending


Citigroup in deal for subprime mortgage assets (Market Watch)  SAN FRANCISCO (MarketWatch) -- Citigroup Inc. late Friday said it had acquired the wholesale mortgage origination and servicing assets of subprime-mortgage lender ACC Capital Holdings, including the servicing rights on


US mortgage crisis costs global economy 945 bln dlrs: IMF (AFP via Yahoo! News)   The International Monetary Fund said Tuesday the worldwide losses stemming from the US subprime mortgage crisis could hit 945 billion dollars.read more...


Home mortgage warns loan borrowers vs fake agents (Sun Star)  THE National Home Mortgage Finance Corp. (NHMFC) has warned its housing loan beneficiaries against persons or groups posing as accredited agents or broker of the housing agency or any parties


Tale of two mortgages: fixed or ARM?  Which is better varies by the unique circumstances of the borrower and which way the wind is blowing.via


Minimal rise in housing prices reflects continuing slowdown  The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported this

January 3rd, 2006

Discovery Adds Home Improvement Show to Radio Channel

NEW YORK, NY——01/04/2006—Money Pit Media and Discovery Communications, Inc.

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