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IndyMac Posts Loss on Mortgage Troubles (NYTimes.com via Yahoo! Finance)   In addition to posting a $184 million loss for the first quarter of 2008, the mortgage lender warned Monday it would not post a profitable quarter this year.read more...


Contract Cancellation Clues  If you are demonstrating and executing contracts in the consumer's home, you have to make sure you do a number of things required by the Federal Trade Commission: Provide the


Doral Faces Some Music  When it rains, sometimes it pours. Doral Financial started off a few years back as a great little Puerto Rican mortgage bank that nobody had heard of.via


US blue-chip stocks dip  NEW YORK - US blue-chip stocks ended a tad lower on Wednesday after Ford Motor Co.via


Did Authorities Miss a Chance To Ease the Credit Crunch?  Authorities launched inquiries in 2005 over Bear Stearns mortgage pricing but dropped them, perhaps missing an early pass at troubles now facing Wall Street. read more...


Athletes Give New Meaning to 'Lives of Significance'  Having to return to classes after Spring Break wasn't what kept North Park University track teams from wanting to leave Oak Ridge, Tennessee.read more...

June 26th, 2006

Mortgage approvals jump (Reuters.co.uk)

LONDON (Reuters) – The number of mortgage approvals for home purchases rebounded in May after an Easter-related annual decline in the previous month, taking it back in line with the recent trend, data showed on Tuesday.

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