Mortgage Losses Push Hedge Funds to Brink (Washington Post)
Two Bear Stearns hedge funds, worth more than $20 billion, teetered near collapse yesterday after absorbing major losses from investments in the subprime mortgage industry.
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True E-Mortgage Inches Closer to Reality Lenders still face obstacles to full electronification of lending process. By (Finance Technology Network) The technology needed to enable a true online mortgage already exists today, according to David Matthews, CIO of the Federal Home Loan Bank of Chicago , who was among industry
Therapy Dogs Bring Cheer to the Elderly and Disabled By Dolores Kazanjian O'Brien Interior designer and Sands Point resident Eta Wright and her certified therapy dog Morgan bring lots of joy to the residents of the Sands Point Center
Desperate Sellers Take Leaps of Faith Tammy Winfield made every effort to depersonalize her home and keep it free of clutter. She even baked cookies before prospective buyers came in for a look, hoping that
Low mortgage rates may not last long (Seattle Times) Whether you're thinking about refinancing your mortgage or taking advantage of January's exceptionally low rates to buy a house, don't sit around. Acting sooner rather than later should be a
Housing market stays strong; agents see slowdown ahead Puget Sound-area home sales and prices remain strong, according to the latest statistics, but anecdotally, real-estate agents say the usual fall slowdown is well under way.read more...
American Mortgage Acceptance Company Reports Second Quarter Financial Results for 2006 (Business Wire via Yahoo! Finance) NEW YORK----Aug. 8, 2006--American Mortgage Acceptance Company today announced financial results for its second quarter and six months ended June 30, 2006.read more...