Homeowners fear rates HOMEOWNERS would have difficulty meeting mortgage repayments if interest rates rose by 1 per cent and many borrowers say their mortgage is worth more than their home, a survey has
East West Mortgage expands local HQ, staff (BizJournals) Citing growth in its Hispanic and Internet mortgage divisions, McLean-based East West Mortgage says it is expanding its headquarters in Tysons Corner, as well as locations in Silver Spring and
Residential Mortgage Lender ResCap To Cut Jobs (WCCO Minneapolis/St. Paul) In the second major job reduction this year, Residential Capital LLC announced that it would cut 1,000 jobs due to the "deterioration of the subprime mortgage market."
Learning Grandfather's Lessons Well read more...
New lease of life for mortgage-backed bonds (Financial Times) The Australian mortgage-backed bond market, which shut down last year in response to the global credit crisis, is showing tentative signs of life after Citibank raised A$500m (£243.8m).read more...
New contemporary bathroom faucet collection from Rubinetterie Stella - the Bamboo Series Bamboo has made its way into most aspects of contemporary interior design, including this unique Bamboo faucet from Rubinetterie Stella.Commentread more...
Q. By law, must condominium associations maintain reserve funds? The DBPR’s site (based on FS 718.112(2)(f) 2) says yes, but is not very specific on how those funds must be set up and what they must cover. In a previous column you said members could vote to reduce or eliminate the reserves. Does…
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