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Thais on shopping binge, card woes loom Take Sudthana Puntheeranurak, a Bangkok-based commercial lawyer. She has nine credit cards + including two each from two banks + but only uses two or three.via
No Lull in Mortgage Pitches (NYTimes.com via Yahoo! Finance) The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.read more...
Thornburg Mortgage unit defaults on notes payment Mortgage lender and real estate investment trust Thornburg Mortgage Inc. said Friday that a unit has defaulted on $300 million of short-term notes due under a commercial paper program.
Coalition calls for tougher regulations A coalition of housing groups and advocates for the poor called Thursday for tougher laws to protect consumers from lenders pushing high-interest home loans.Commentread more...
Citi Provides $500M in Credit to Fund Citigroup Inc. earlier this week agreed to provide $500 million in credit to one of its troubled hedge funds, the bank disclosed in a regulatory filing late Friday. via
Ease of Use "She knew what was not working for her mother, and she did not want to have that same situation [as she aged]" At the Southern Ideal Home show -