Mortgage applications fall last week: MBA (Reuters via Yahoo! News) U.S. mortgage applications fell last week, dragged down by a slump in home refinancings which hit a 16-month low as interest rates remained close to their highest levels this
Linton Daily Citizen The Greene County Courthouse addition/renovation project continues to show construction progress, the Greene County Building Corporation learned at its monthly meeting Wednesday morning.via
Eminent Domain Ruling Spurs Washington to Act The Supreme Court's decision on taking property for commercial development has united the left and the right.via
Putnam to Oppose Providian Acquisition Putnam Investments LLC, one of the nation's largest money managers, said Monday it will oppose Washington Mutual Inc.'s $6.45 billion bid to acquire credit card issuer Providian Financial Corp.read more...
BrooksAmerica Mortgage Corporation Launches Specialty Lending Division Targeting the Sub-Prime Loan Market (pzone via Yahoo! Australia & NZ Finance) -- Sub-prime market expert Ed Plata joins BrooksAmerica to lead specialty division -- BrooksAmerica's specialty lending division anticipates $250 million in loans for the remainder of 2005 and
Citigroup, Bank of America weigh on financial sector Citigroup shares fell 2.5% Monday and weighed on the banking sector after the company reported that weaker than expected fixed-income trading and falling interest margins dragged second-quarter earnings lower ...read
New Century’s collapse illustrates how the residential real-estate market was fueled through generous credit. Now that the flow of cash has been stopped, more than two dozen subprime lenders have been forced to close shop.
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