Decision Day for the Dollar On the economic front German unemployment improved markedly contracting by -49K against expectations of -30K as World Cup continues to stimulate spending in Euro-zone's largest economy.read more...
U.S. Comptroller Says Exotic Mortgages Bring Payment Shock "Comptroller of the Currency John Dugan said Thursday he has grown increasingly concerned by risks to both borrowers and lenders from relatively exotic negative-amortization and payment-option mortgages." There ...read more...
Mortgage Industry Job Losses May Rise With Interest Rates Ameriquest Mortgage Co.'s recent decision to slash 1,500 jobs is the start of a national shakeout in the home-loan business - one that could cost tens of thousands of workers
20 People Charged in Mortgage Fraud (Detroit Now) Tuesday, 20 people faced charges of fraud and conspiracy. They are accused of conning financial institutions out $10 million. The FBI, with help from local law enforcement, executed 7 search
Fitch Rates $2.96B Option One Mortgage Loan Trust 2006-1 (Business Wire via Yahoo! Finance) NEW YORK----Feb. 6, 2006--Option One Mortgage Loan Trust 2006-1, which closed on February 3, 2006, is rated by Fitch Ratings as follows: $2,518.77 million classes I-A-1 and II-A-1, II-A-2,
Albany Chamber ready to burn mortgage (Albany Democrat-Herald) Albany Area Chamber of Commerce members will celebrate paying off a $100,000 mortgage four years ahead of schedule with a party from 4 to 6 p.m. Tuesday at the chamber
DUBAI ? National Bank of Dubai (NBD) yesterday announced a tie up with the leading United Kingdom based mortgage adviser, John Charcol, to provide finance to UK residents interested in purchasing residential properties in the UAE.
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