The yield-curve storm
Banks find themselves between a rock and a hard place in 2006. That’s because for the first time in more than five years, interest rates on short-term Treasury securities surpassed those of longer-term bonds.
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Interest-only bridge loan has risk Interest-only ARM's monthly payments can increase if it converts to fixed-rate mortgage, says Dr. Don.read more...
Jobs Report Eases Recession Fears WASHINGTON | The nation's employment health - it turns out - is not dangerously deteriorating after all. Tweaking a phrase from Mark Twain, worries about the job market's demise were
Quick resolutions for distressed borrowers? Hardly "Oh no, we can't talk to you about a loan modification. Your file is in the collections department (not the loss-mitigation department, where loan modifications and short sales are handled)
Home builder stocks drop on pessimism "I think it was a combination of things," said Raymond James and Associates analyst Rick Murray.read more...
Vermont woman indicted on real estate fraud charges (Reg Req'd) Vermont woman indicted on real estate fraud charges Alleged illegal activity involves second mortgage Monday, December 19, 2005 Inman News A federal grand jury in Vermont has returned an indictment
Reduced Washington remodeling list OK'd Following a public uproar after it was announced at the previous Charles City Board of Education meeting that the board was considering bids for various remodeling and improvement projects at