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A U.S. charity gets paid on a claim over risky mortgage investments. (International Herald Tribune) Before the Indiana Children's Wish Fund reached its settlement, its mortgage-related losses meant that nine children's wishes would go ungranted.read more...
US mortgage lender closing down (BBC News) American Home Mortgage Investment Corp announces plans to close most of its operations.read more...
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Nationwide warns mortgage market will crash by 80% (Evening Standard) Nationwide, Britain's biggest building society, today said it expects the mortgage market will this year slump to just a fifth of its value last year.read more...
Design for living Innovative planning can help challenges of everyday life "You want a cabinet that is accessible to everyone. Elements such as these make a home work for all ages, everyone across the board - children, working adults, the elderly."
John Ryding has a story on bond yields, and he’s sticking to it. Bear, Stearns & Co.’s chief U.S. economist forecast in January that the 10-year Treasury note yield, then about 4.16 percent, would rise to 5.75 …
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