For Online Brokerage, A New Twist on Tradition
SEATTLE —If it’s true that revolutions are built one person at a time, then Scott Davis is a revolutionary.
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The Long Case for Mortgage Originator IndieMac Bancorp (Seeking Alpha via Yahoo! Finance) Newsletter Value Investor Insight carried an interview May 30th with Troy Capital's Alex Troy, whose fund has returned an average of 23.6% annually net of fees since inception in
Shunning the Tired Home Jordan Schwartz and his wife, Asako Yamamoto, are willing to take on a home and fix it up.read more...
SouthFirst Bancshares CEO Sandra Stephens After enduring multiple quarters plagued by management shuffles and net losses, Sylacauga, Ala.-based SouthFirst Bancshares Inc.read more...
IndyMac Swings to Loss on Mortgage Woes (NYTimes.com via Yahoo! Finance) The mortgage lender posted a fourth-quarter loss of $509.1 million as it raised its loan-loss provisions to account for growing defaults and foreclosures.read more...
Lenders set to launch the 'five-minute mortgage' (FT.com via Yahoo! News) A number of specialist mortgage lenders are drawing up plans for instant mortgage approvals that would give house hunters access to immediate mortgage offers without even requiring them to
Weak U.S. Job Growth in May Renews Fears WASHINGTON - The U.S. economy added a net 78,000 jobs in May, the lowest monthly total in nearly two years, the government said in a report that rekindled fears of