The long and short of long-short funds
Want to hedge investments like the big-money people? The average investor can get in on the action via somewhat tamer long-short mutual funds.
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Demand for Mortgage Applications Declines (Los Angeles Times) U.S. consumer demand for home mortgage loan applications fell last week to the lowest level this year despite a marked drop in interest rates, an industry trade group said.read more...
TPG takes UK mortgage lender stake (AP via Yahoo! Finance) Private equity firm TPG Capital will take a 23 percent stake in Bradford & Bingley PLC, the struggling British mortgage lender said Monday.read more...
Houston Mortgage Monitor (Houston Chronicle) INDIVIDUAL LENDER RATES The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on
Oak Bluffs Shakeup Continues as Inspector Fires Secretary Newly appointed Oak Bluffs building inspector Jerry Wiener fired the secretary to the building department yesterday because he said she was not doing her job.read more...
St. Petersburg Times Online: Business Businesses seethe over USF dean's demotion Prominent players across the Tampa Bay business area come and go all the time.read more...
Existing home sales fall "Though mortgage rates are at historically low levels, some borrowers are facing restrictive lending practices in declining markets" Sales of existing homes fell in March, after registering a modest