MBIA to Get $1 Billion Capital Infusion Bond insurer MBIA Inc. said Monday it will receive a cash infusion of up to $1 billion from private equity firm Warburg Pincus to help bolster its capital reserves
SUBPRIME MORTGAGE LOANS: Charlotte home lender sold to British bank (The Charlotte Observer) EquiFirst Corp., a Charlotte mortgage lender that ranks among the nation's largest specialists in loans with high interest rates, is trading parent companies.read more...
Delta chief's memo: More cuts needed Delta Air Lines Inc.'s current transformation plan, which includes cutting annual costs by $5 billion by the end of next year, is not enough to save the struggling carrier, its
High school students build home to be sold as part of class Betty Smith and her family found the perfect home last August when they saw a for-sale sign in the yard of a newly built home in Westland.via
Swimming Pools: Do They Increase Or Decrease a Home's Value? Having a pool may not always speed a property's sale but in some parts of the country, not having one may turn away buyers. If you are thinking about purchasing
Motorola denies selling Chinese handset business "We are selling an idle building in Tianjin and it's just a real estate transaction," said Mary Lamb, a spokeswoman for Motorola Asia Pacific Ltd.via
A hedge fund managed by Bear Stearns Cos. Inc. is scrambling to sell large amounts of mortgage-backed bonds in a potentially troubling sign for the broader mortgage-backed bond market, The Wall Street Journal reported in its online edition.
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