Luminent Mortgage gets default notices from pair of lenders (Market Watch) SAN FRANCISCO (MarketWatch) -- Luminent Mortgage Capital Inc. said on Wednesday that it got default notices from two of its lenders, the latest piece of bad news for a mortgage
City helps the Hub by signing a lease worth $72G a year (Reg Req'd) Desperate for more rental income, Jersey City's Martin Luther King Drive commercial hub - better known as "the Hub" - received a boost this week.read more...
Airport wage deal irks group The authority can void the agreement because an executive order signed by President Bush in 2001 ensures "neutrality and open competition" on public projects funded with federal money, the Associated
Shopping for a Home in Winter: A Strategy for Bargain Hunters If you want to get the most house for the money, start your legwork now. Come spring, you'll have more competition for the best deals.read more...
Rising Rates Induce Loan Adjustments As interest rates slowly rise, local mortgage professionals have noted that borrowers with adjustable-rate mortgages are weighing other options, with some opting to refinance into fixed-rate loans.read more...
Insurance may boost your mortgage payment (The Record) When you're calculating how much your monthly payment will be on your new home, here's another number you may have to include: mortgage insurance.read more...
John Devaney, the deep-pocketed, high-flying trader who’s lead financier for the $510 million purchase of Briny Breezes, is facing a financial squeeze after a series of bad bets on the subprime mortgage market.
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