A Timely Turnaround With a Reverse Mortgage (Washington Post)
Before getting a reverse mortgage, Frances Tolson’s financial life was a struggle.
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Ex-worker sues Wells Fargo Posted Jan 14th 2006 7:16PM by Wendy Allegree A woman has sued Wells Fargo Home Mortgage for $20 million, accusing them of stripping her of income-producing work territory as punishment
Banks Pay the Price for Risky Mortgage Bets (NPR) Major banks are suffering enormous losses on investments tied to home mortgages. For years, Wall Street made handsome returns betting on mortgage-backed securities. But those securities are opaque and contain
Sector Glance: Mortgage Lenders (AP via Yahoo! Finance) Shares of mortgage lenders mostly slipped Tuesday after the Federal Reserve cut its target for interest rates, but not as aggressively as some investors had hoped.read more...
Bernanke Says U.S. Slowing As Hoped; Data Back Him Up The U.S. economy is slowing pretty much as expected, said Federal Reserve Chairman Ben Bernanke on Tuesday, though inflation risks and other "substantial uncertainties remain."The day's economic reports on ...Commentread
Aircraft control issue causing added charges, company says United Airlines Inc. complained to a bankruptcy judge that it is racking up financing charges of $200,000 a month because an investor group is blocking the airline's bid to consolidate
Lowe's Opens on Cortez A soft opening at the Lowe's store on 14th Street West this week may mean a new game of hardball between two home improvement giants.read more...