An economic conundrum Nearly a year after the Federal Reserve began raising short-term interest rates, the rate on the long-term 10-year Treasury note today is unexpectedly well below the level that prevailed when
GSC Capital Plans IPO Worth Up to $200M Real-estate investment trust GSC Capital Corp. on Friday said it plans an initial public offering valued at as much as $200 million.read more...
Argent Mortgage renews race sponsorship (BizJournals) Argent Mortgage Co. LLC has renewed its title sponsorship of the July 3 IndyCar Series race at the Kansas Speedway in Kansas City, Kan.via
A Worldly Viewpoint Say the words "Adams Morgan" and many Washingtonians think of late nights: Jumbo Slice, long lines to get into Tom Tom, perhaps a last-minute dash to catch the night's
Mortgage crisis not over (Herald Sun) THE sub-prime mortgage shakeout was not over, with further losses expected to be revealed at the end of this month, says the head of Australia's biggest bank.read more...
Attention to Fraud Issues in the Mortgage Industry Needed by Leaders and Activists, Not Government Regulators (PR Web) With government agencies across the country targeting mortgage fraud and abuse, it's time industry leaders and associations kick self-monitoring and policing into high gear. [PRWEB Apr 12, 2006]read more...
Q: I have two questions about how senior citizen reverse mortgages work. (1) How are the monthly payments to the homeowner calculated by the reverse-mortgage company, and (2) what happens when the homeowner outlives the market value of his house?
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