Mortgage unit sale boosts National City’s 4Q profits (bizjournals.com via Yahoo! Finance)
A $1-per-share gain on the sale of its non-prime mortgage company added heft to National City Corp.’s fourth-quarter and full-year earnings.
read more…
Royal Bank's RBC Centura to acquire Flag Financial for $456 million US Royal Bank of Canada , the country's biggest bank, is ramping up its presence in the southeastern United States by paying $456 million US through a U.S. subsidiary for Flag
Wachovia buying into West Wachovia Corp. will buy California-based Golden West Financial Corp. for $25.5 billion in cash and stock, the company announced late Sunday.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Comparison of mortgage insurance cost (San Jose Mercury News) COMPARING COSTS Generally, upfront fees are higher for FHA insurance than for private mortgage insurance on conventional loans made to borrowers with low down payments.read more...
Real Estate Calendar Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...
West Coast Woman To Build Crash Pad Out of an Old 747 A California woman is building her eco-friendly dream house from a junked 747 that she plans to cut apart, turning the wings into a roof and the nose into a