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Mortgage rates reach lowest in two years (The Pantagraph)  BLOOMINGTON -- Some lucky homeowners caught a break on a mortgage last week as interest rates reached their lowest point in about two years.read more...


Ask Dr. Don: Keeping the house despite a divorce  Ask Dr. Don by Don Taylor, Ph.D., CFA * Bankrate.com Dear Dr. Don, I am in the middle of a divorce and must buy my ex-husband out of our home.read


Mortgage securities lure pensions (The Morning Call)  Pennsylvania is one state investing retirement funds. The subprime mortgage crisis has yielded at least one benefit for states: Mortgage-related investments have become so cheap that they


Mortgage insurers spent $1.2M lobbying in 1Q (AP via Yahoo! Finance)   The trade group for mortgage insurers spent over $1.2 million lobbying in the first quarter on issues dealing with the housing market slump, according to a recent disclosure form.read


Subprime Market's Sinking Fortunes    Is a blowout taking shape in the impaired-credit mortgage market? read more...


Strategies for dealing with debt  As the holiday credit card bills come flooding in, you may be feeling overwhelmed.read more...

June 6th, 2005

Bank to Buy Credit Card Business for $6.45 Billion

Washington Mutual, which grew rapidly from a Seattle savings institution to a home loan giant, said yesterday that it would buy Providian Financial for $6.45 billion in cash and stock, its first major foray …

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