CHINESE COALMINE COS REQUIRED TO SET ASIDE SAFETY MORTGAGE FUND (Asia Pulse via Yahoo! Australia & NZ Finance) Regulations / Law China's coalmine enterprises with an annual production capacity of no more than 30,000 tons are required to set
Schneider Small Cap Fund Sinks to Last Place on Mortgage Stocks (Bloomberg.com) Aug. 30 (Bloomberg) -- Arnold Schneider's small-company mutual fund went from best to worst after three of his mortgage- company holdings slumped 77 percent this year.read more...
Carlyle Cuts Mortgage Fund IPO After Subprime Slump (Update3) (Bloomberg.com) June 28 (Bloomberg) -- Carlyle Group, the private-equity firm that oversees $59 billion of investments, cut the initial public offering of a mortgage bond fund as the fallout spreads from
Home Prices Expected to Rebound in 2008 "Buyers now have an overwhelming advantage given the wide selection of homes available in many markets. But with profit margins coming under pressure, homebuilders will limit new construction well into
Mortgage rate falls to 6.23 percent (Portsmouth Herald) NEW YORK - The benchmark 30-year, fixed-rate mortgage fell 10 basis points to 6.32 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of
Ocwen Enters 24-Hour Mortgage Processing Business (PrimeZone via Yahoo! Finance) Ocwen Financial Corporation announced today that it now offers 24-hour mortgage loan processing and closing services to mortgage lenders and brokers who want to shorten the closing cycle, reduce
March 29 (Bloomberg)—U.K. mortgage approvals fell to a three-month low in February, the Bank of England said, suggesting an eight-month revival in Britain’s $6 trillion housing market has peaked.
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