Regulators take over troubled U.S. mortgage lender (CBC via Yahoo! Canada News) Bank regulators seized California-based mortgage lender IndyMac Bancorp Inc. on Friday afternoon after panicky depositors began withdrawing their money, leaving the institution short on cash.read more...
U.S. mutual funds exposed to mortgage turmoil (International Herald Tribune) U.S. mutual funds held mortgage-related debt securities issued by subprime lenders, indicating that some ordinary investors could be hurt by the turmoil in the U.S. mortgage market.read more...
Cyrela, Gafisa Advance as Mortgage Growth Accelerates (Update1) (Bloomberg.com) July 29 (Bloomberg) -- Cyrela Brazil Realty SA Empreendimentos e Participacoes and Gafisa SA advanced the most in the Bovespa index after Brazil's central bank said growth in mortgage lending
Medical device firm moves into mortgage office space (BizJournals) Downsizing by a large national mortgage company has allowed a medical device developer to expand its Orlando operations.read more...
Grand Rapids Press story (Reg Req'd) If you're looking to add insulation to ease your home heating bills, be prepared to wait.read more...
Columbia Bancorp to close mortgage banking business; to incur charge in Q3 - Update (Nasdaq) (RTTNews) - Friday, before the bell, Columbia Bancorp (CBBO), the financial holding company for Columbia River Bank, affected by the current banking environment, announced its intention to close Columbia River
Two federal lawmakers from Brooklyn called on Congress yesterday to probe the sale of Starrett City, the nation’s largest subsidized affordable-housing development, which was purchased last week for $1.3 …
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