Senators Examine Home Foreclosure Surge
With home foreclosures surging, senators on Wednesday examined lending practices that especially hurt minorities and seniors and can heighten the risk of default.
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Watch Out for Misleading Loan Scams Homeowners beware: You could be victimized by a certain scam where someone tries to lure you into applying for a loan secured by your home.Commentread more...
US mortgage applications rise for 3rd straight week (Khaleej Times) NEW YORK - US mortgage applications rose for the third straight week, driven by demand for both purchases and refinancings, an industry trade group report showed on Wednesday.read more...
Aquila may decide on sale Wednesday The Aquila board of directors on Wednesday will begin considering bids for the Colorado electric utility and five other utilities it is selling.read more...
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...
Good Things Happen to Those Who Sit on Their NYSE Seats (Reg Req'd) NEW YORK - In the typically frenetic world of Wall Street, some speculators have made big money this year by just sitting down.via
House Republican says he can block mortgage interest deduction revisions (Fox 23) WASHINGTON (AP) - A Republican lawmaker said Thursday he has assembled enough support to kill an idea advanced by President Bush's tax advisory board to replace the mortgage interest deduction.read