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Citigroup Acquires ABN Amro Mortgage Group For Undisclosed Sum (SeekingAlpha via Yahoo! Finance)   This morning Citigroup and ABN Amro announced the sale of ABN Amro's Mortgage Group to Citigroup for an undisclosed sum. The deal will give CitiMortgage Inc. another 1.5 million


Appealing Possibilities   After 35 years in his five-bedroom Silver Spring house, Max Bronstein almost has a routine for this time of year.read more...


Bernanke says economic uncertainty has increased  WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Wednesday uncertainties surrounding the U.S. economic outlook had increased recently, and that future interest-rate decisions by the ...Commentread more...


Futures mortgaged in scam, lawyer says (Reg Req'd)  There are 15 people from Greater Cleveland who ought to meet. Each one - without knowing about the others - holds a mortgage on the same modest home on Hood


For a Comfortably Cool Attic, Don't Count on the Forces of Nature Alone    Q: DEAR TIM: My attic has natural ventilation. There are triangular vents at the top-side walls of my house. However, the attic gets so hot in the summer I


Customers Warned Against Purchasing Unpurified Drinking Water  For additional Bahamas news and commentary please select from the category menu on the left.read more...

June 12th, 2007

Nikko Principal Drops Plan for RAMS Mortgage Bid, People Say (Bloomberg.com)

June 14 (Bloomberg)—Nikko Principal Investment Australia, a unit of Japan’s third-largest brokerage, dropped an offer for home lender RAMS Mortgage Corp., leaving Kohlberg Kravis Roberts & Co. as the only remaining bidder, two people with knowledge of the matter said.

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