Insiders see L-3 as a possible takeover target
Wall Street is wondering about the future of defense contractor L-3 Communications Inc.
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Strickland, mortgage companies sign foreclosure compact (Dayton Daily News) Nine mortgage loan servicers have signed non-binding compacts with the state in what Gov. Ted Strickland called a first-in-the-nation effort to keep homeowners out of foreclosure.read more...
Key rate climbs to 3% Awaiting the decision. Employees of KV Execution Services get the interest rate decision of the Federal Reserve Board on a screen in their booth on the floor of the New
Mortgage approvals second weakest on record (Reuters.co.uk) LONDON (Reuters) - Mortgage approvals for house purchase were the second weakest on record in April and nearly 40 percent lower than at the same time last year, a survey
Suffolk loan processor pleads guilty in mortgage fraud scheme A loan processor from Suffolk pleaded guilty Wednesday in U.S District Court to conspiracy to commit mail and wire fraud.read more...
HBOS Sells First U.K. Mortgage-Backed Bonds This Year (Update3) (Bloomberg.com) May 20 (Bloomberg) -- HBOS Plc , Britain's biggest mortgage bank, sold 500 million pounds ($982 million) of bonds secured by U.K. mortgages, the first public sale of the debt
The big bond question: Will long-term rates rise? (Reg Req'd) For the last few years, investors have been asking whether this will be the year long-term interest rates finally rise.read more...