GMAC to sell 60 pct of mortgage unit (Reuters via Yahoo! News) General Motors Acceptance Corp., the financial services subsidiary of General Motors Corp. , said on Wednesday it has agreed to sell a 60 percent equity interest in its commercial
There's a first time for everything GORDONSVILLE - Down a sleepy stretch of road behind the historic Exchange Hotel, dreams of home ownership for low-income families really do come true.read more...
Rates Drop Across the Board Mortgage rates fell this week, with the average interest rate on a 30-year loan dropping to its lowest level in six weeks.
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Lenders introduce 50-year mortgage (Detroit Free Press) People who are struggling to afford a home might be wondering how long their mortgage payments could be stretched out. The new answer: a half-century. A handful of lenders have
Elbert: Only long-term determines the good, bad buys Meredith Corp. and MidAmerican Energy Holdings Co. - are making major acquisitions.via
First Quarter State Resales 05 Receive customized news and, for REALTORS , full site access. Purchase products from REALTOR VIP Alliance Partners and leverage NAR's group buying power.via
LONDON —UBS AG , the world’s biggest asset manager, is winding down John Costas’s hedge-fund unit after 11 months of trading and returning client money because of losses attributed to the US mortgage market.
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