Midday Action, Jan. 11
Stocks are higher in volatile day of trading, but the gains are tempered by disappointing earnings news.
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Money flows to state coffers Tax collectors create surprising revenue boost of nearly $85 million The Olympian, news services Robust tax collections have produced an unexpected windfall in the past month of nearly $85 million,
Minority lending report mixed Bank of America Corp. and Wachovia Corp. made more home-purchase mortgages to Hispanic and African-American borrowers last year, but they continued to deny their loan applications more often than
Two incomes to pay mortgage (TVNZ) New research shows it now takes two average incomes to pay off a standard mortgage in New Zealand. A survey by the website interest .co.nz tracks home loan affordability against
Bimini Mortgage Management Announces Private Placement of $50 Million of Trust Preferred Securities (Business Wire via Yahoo! Finance) Bimini Mortgage Management, Inc. today announced that it has issued and sold in a private placement $50.0 million of trust preferred securities through a newly formed trust, Bimini Capital
Complex Loans Can Be Risky for 1st-Time Buyer The wisdom of using 100% financing and an interest-only loan to buy your first home depends on when you plan to sell and your tolerance for uncertainty.via
Advice on selling your home by yourself When it comes to selling a home, most people typically opt for the services of a real estate broker to handle the sale. via San Jose Mercury News read