Merrill Lynch Buys Mortgage Business (San Francisco Chronicle) The brokerage Merrill Lynch announced Tuesday that it plans to acquire the mortgage business of Cleveland-based National City Corp. for $1.3 billion. Merrill Lynch & Co. said the deal would
Calpers Takes Hit on Land Deal The California Public Employees' Retirement System is involved in one of the biggest land deals to fall victim to the housing bubble. It is an unusual position for the pension
Irish mortgage rates to rise (u.tv) The Republic of Ireland's mortgage rates are set to rise next month after the European bank signalled an interest rate increase for the euro zone.read more...
Naked Shorts Eye Internet Japan And whoever it is took a sudden dislike to the company last month. Short interest on the Tokyo-based company's American Depository Shares, which are traded on Nasdaq, soared nearly 1,500%
Role in mortgage fraud scheme brings 18-month sentence (South Bend Tribune) SOUTH BEND -- A man who assisted a former South Bend police officer in a mortgage fraud scheme was sentenced today to 18 months in prison on his guilty plea
'Grands' Get Taste Of School read more...
An Allentown mortgage broker is charged with fraud for allegedly falsifying documents to give mortgages to unqualified borrowers, the U.S. Department of Justice announced Thursday.
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