H&R Block expects annual loss, blames subprime mortgage market (Canadian Business)
KANSAS CITY, Mo. (AP) – H&R Block Inc. said Thursday it will report a full-year loss because of charges related to its subprime mortgage subsidiary.
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Goldman Sachs 3Q Profits Leap 83 Percent AP Business Writer NEW YORK While the stock market may be flat for the year and bonds remain volatile, Wall Street firm Goldman Sachs had no problem finding ways to
New home sales shoot to record high Sales of new homes shot up 12.2 percent in March to a record high as the nation's housing market continued to soar despite rising mortgage rates.via
Smart Money Moves? This morning, the better-than-expected housing starts and building permits numbers caused the currency markets to start viewing the dollar favorably again.read more...
Affinity Bank Launches Residential Mortgage Loan Program With Outsourced Mortgage Services From MoneyLine Lending (Market Wire via Yahoo! Finance) MoneyLine Lending Services -- a specialized provider of mortgage and business process outsourcing solutions -- is pleased to announce that Affinity Bank -- a Ventura, California-based bank with over
Fed takes closer look at mortgage reforms (USA Today) Federal Reserve Governor Randall Kroszner said Thursday that the central bank may use its legal authority to crack down on mortgage-lending abuses.read more...
Mortgage Application Volume Rises (AP via Yahoo! Finance) Mortgage application volume rose 8.3 percent during the week ending Jan. 18, according to the trade group Mortgage Bankers Association's weekly application survey.read more...