Mortgage lender announces cuts (Daily Press) Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to
Benefits to you: Proceeds are tax-free No monthly mortgage payments required (Landmark) Benefits to you: Proceeds are tax-free No monthly mortgage payments required Use the cash any way you choose Continue to own your home No income or credit qualifications Marc Pisa,
Stonegate Mortgage Corporation Completes Acquisition of 1st Signature Lending (SYS-CON Media) Stonegate Mortgage Corporation todayannounced the completion of its acquisition of 1st Signature Lending, amortgage broker located in Indianapolis, Indiana. 1st Signature Lendingwill begin operating as Stonegate Mortgage starting March 1,
Different From, Different Than Sound Different One by one, some of the nation's largest home-builders have seen quarterly earnings get crushed by the slump in the housing market. Lennar Corp. became the latest victim Tuesday, with
American Mortgage Declares Dividend (AP via Yahoo! Finance) American Mortgage Acceptance Co. said Wednesday it declared a dividend of 22.5 cents per share for the second quarter of 2007.read more...
Key to avoid tax on sale of apartment building Owners who occupy unit need special appraisal, exchange DEAR BOB: My husband and I own a three-unit apartment building.read more...
March 1 (Bloomberg)—The perceived risk of owning low- rated subprime mortgage bonds plunged today as a government report suggested that U.S. home-price appreciation is stable.
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