From Perma-Bear to Teddy Bear
Is the world really on the mend? That’s what Stephen Roach would have his readers believe in his Monday commentary .
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Mortgage rates decline on Fed chief?s remarks (Fort Wayne Journal Gazette) WASHINGTON ? Mortgage rates declined slightly last week as investors grew more hopeful that the Federal Reserve?s long string of rate increases is drawing to a close.read more...
Florida man pleads guilty to $2 million mortgage scam (The Tennessean) MONTGOMERY, Ala. ? A Florida man has pleaded guilty in Alabama to defrauding a mortgage company out of more than $2 million in a scheme involving the purchase and resale
Cunningham Investigation A company linked to a New York businessman who was convicted in a bid-rigging scheme helped Rep.via
Roark Capital Group Acquires Ace Mortgage Funding (PR Newswire via Yahoo! Finance) Roark Capital Group, an Atlanta-based private equity firm, announced today that it has acquired a majority position in Ace Mortgage Funding.read more...
Dodd denies mortgage wrongdoing, again (USA Today) Sen. Christopher Dodd said Monday that the controversy over two loans he received will not compromise his ability to lead Congress' efforts to ease the subprime mortgage meltdown.read more...
Torrance family says it got remodeling nightmare The granite floor is cracked. The hot and cold water pipes are switched. The "dining room" is too small for dining.via