Nomura to exit U.S. mortgage business (UPI) Japanese investment bank Nomura Holdings Inc. said Monday it would exit the U.S. residential mortgage-backed securities market due to the subprime crisis.read more...
New Fannie Mae chief keeps his cool under fire Daniel Mudd learned about coolness under fire leading a platoon of U.S. Marines into Lebanon in 1983 after an attack that killed 241 U.S. servicemen.via
Home building slumps in Midland "The building industry in Michigan, especially in residential construction, is in terrible shape right now compared to previous years" Rising material costs, a slow home market and Michigan's struggling
Rural mothers are learning lines for TV SWEET SPRINGS, MO. - When Marsha Snider tried to find a job earlier this year near this rural town of 1,550, she vied with hundreds of unemployed factory workers
Building Society Raises Mortgage Rate (Ananova) Customers of the UK's biggest building society are among the first to be hit with higher mortgage costs.read more...
To lease or to own? Graphic designer Leslie Charpentier works at her condo office space in the Opera Galleria building Wednesday.via
Mortgage colossus Fannie Mae has long been one of the most aggressive lobbyists on Capitol Hill. It deftly works to keep Congress from looking too closely at the company, but there’s nothing like a scandal to force needed scrutiny.
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