JPMorgan Shares Drop on Mortgage Losses (New York Times) JPMorgan Chase shares tumbled nearly 10 percent Tuesday as the bank?s disclosure about escalating losses in its mortgage portfolio set off new concerns about the health of the overall financial
Toronto-Dominion, National Bank Profits Rise on Mortgage Loans, Insurance Toronto-Dominion Bank and National Bank of Canada, two of the country's biggest lenders, said second- quarter profits rose, boosted by revenue from mortgages, credit cards and insurance.via
Machines are catching up to human intelligence The machines are gaining on us. Their electronic brains are getting quicker and more capable and are displaying more signs of humanlike "intelligence." A race earlier this month by five
Lenders Loosen Standards Even as More Loans Go Sour Banks are making it easier to get mortgages as the housing market cools and borrowers struggle to make their payments. About 2.3% of mortgages were delinquent at the end of
Buying A House Is The Biggest Mistake You Could Make - The Renting Vs Buying Argument Ok, the title is a tad bit alarmist I'll admit, but I came upon an article about buying a house vs renting a house and at first I disagreed,
Commission launches dialogue on mortgage credit (info-europa) The European Commission * has launched a dialogue between the mortgage lending industry and consumer associations to reach a consensus on hot issues of consumer protection measures. The Commission,
Memphis, TN, February 10, 2006—Hardwood flooring shipments reached 527,241,000 square feet in 2005, the highest level since before 1966, according to NOFMA: The Wood Flooring Manufacturers Association.
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