AIG Profit Falls 27 Percent on Mortgage-Linked Losses (Update1) (Bloomberg.com) Nov. 7 (Bloomberg) -- American International Group Inc., the world's largest insurer, said third-quarter profit fell 27 percent as the housing recession contributed to losses in its mortgage guarantee and
Combee Crossing Needs More Traffic to Get Light read more...
Interest rates are kept on hold Borrowers have been spared a second rise in interest rates in as many months. There had been fears that the Bank of England might spring another shock at its monthly
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U.S. existing-home sales off slightly from April record Self destruct New technologies to combat data theft are more James Bond than Bill Gates.via
Rising Foreclosures Endanger Condo Associations Q: Our condominium is in trouble. Many of our owners obtained those "favorable" interest-only loans a couple of years ago, and now that their monthly payments have increased, their
Homefield Financial Inc., a California-based mortgage banker specializing in non-traditional loans, has closed its wholesale mortgage business, the company said.
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