Housing cost overwhelms wage earners in more areas WASHINGTON , The American dream of having a job and owning a tidy home is becoming a fantasy for more people.via
Loose loan loose ends Last week the Federal Reserve again raised the federal funds interest rate, which now stands at 3? percent.read more...
Mortgage Stress Seen for '06 (Washington Post) Mortgage delinquencies among homeowners with high-cost loans will rise by 10 to 15 percent in 2006, as borrowers struggle with higher interest rates, high debt levels and higher energy costs
NovaStar to sell mortgage servicing rights, make 'substantial' job cuts Troubled subprime lender NovaStar Financial Inc. said this afternoon that it has agreed to sell its mortgage servicing rights to Saxon Mortgage Services for $175 million in cash.The Kansas
Higher tax returns, sale of mortgage arm help H&R Block swing to 4Q profit (Minneapolis-St. Paul Star Tribune) KANSAS CITY, Mo. - H&R Block Inc., the nation's largest tax preparer, said Monday it swung to a fourth-quarter profit, helped by a record-setting tax season and the sale of
Football and flowers If you're planning a Super Bowl party, whether it's a small group of friends or a huge bash, start with your table.Commentread more...
The Board of Directors of Luminent Mortgage Capital, Inc. today declared a cash dividend for the fourth quarter of 2006 of $0.30 per share, payable on January 31, 2007 to stockholders of record on December 29, 2006.
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