Fed to Lend $200 Billion, Take on Mortgage Securities (Update3) (Bloomberg.com) March 11 (Bloomberg) -- The Federal Reserve, struggling to contain a crisis of confidence in credit markets, plans to lend up to $200 billion in exchange for mortgage-backed securities.read more...
Financial tips Q: How do you financially prepare for a natural disaster? A: Hurricanes, earthquakes, tornadoes, terrorist attacks or wild fires - are an inevitable fact of life.read more...
Philippine Home Mortgage Company To Securitize Assets (Nasdaq) MANILA -(Dow Jones)- The Philippines' state-owned National Home Mortgage Finance Corp. said Wednesday it plans to securitize mortgages worth about PHP26 billion.read more...
The real world "We had some interesting discussions in class" McLain students gain understanding of life after school When Michael Fugate's students at McLain High School for Science and Technology first started
KB Home Ousts Its Chief and 2 Others The longtime chief executive of KB Home , one of the nation's largest home builders, resigned under pressure on Sunday night and agreed to return $13 million in profit from
East West slate conference call East West Bancorp Inc. will host a conference call at 8:30 a.m. Oct. 19 to discuss its third-quarter financial results.read more...
Associated Press WASHINGTON —Rates on 30-year mortgages edged down this week to a seven-month low. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.30 percent from 6.31 percent last week. It put rates at the lowest level since they were at 6.24 percent the first week of March.
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