$60 Billion Refinance Package for GMAC?s Mortgage Lender (NYTimes.com via Yahoo! Finance) The financing package aimed to improve the liquidity of its struggling subsidiary, mortgage lender Residential Capital.read more...
CIBC lowers 5-year mortgage rate a tenth points (Canadian Press via Yahoo! News) TORONTO (CP) - CIBC has lowered its longer term mortgage rates a tenth of a point because of lower borrowing costs in financial markets.via
Annaly Mortgage Management, Inc. Announces 4th Quarter 2005 Common Stock Dividend (Business Wire via Yahoo! Finance) NEW YORK----Dec. 19, 2005--The Board of Directors of Annaly Mortgage Management, Inc. declared the fourth quarter 2005 common stock cash dividend of $0.10 per common share. This dividend is
New SC lab will test full-size homes in wind, hail Property and casualty insurers are hoping a new facility coming to South Carolina will do for home building what a similar testing facility in Virginia has done for car safety.read
Sun Lakes sells last home after 33 years (Reg Req'd) Edythe Jensen The Arizona Republic Sept. 12, 2005 12:00 AM Sun Lakes, the 3,520-acre retirement community south of Chandler, has sold its last new home and closed models for good
US mortgage giant ceases business, lays off thousands (AFP via Yahoo! News) American Home Mortgage, one of the country's biggest mortgage companies, said it would cease business Friday as it becomes one of the latest casualties of a widespread housing downturn.read
Tired of watching people lose their shirts on get-rich-quick real estate schemes, two investors have launched a Web site aimed at a public whose appetite for investing in bricks and mortar seems to know few …
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