Italian bank executive resigns after failed takeover bid The chief executive of Banca Popolare Italiana Gianpiero Fiorani, who is under investigation over irregularities in the bank's failed bid to take over a major Italian rival, has resigned.read more...
Official calls mortgage issue 'manageable' (Contra Costa Times) The government is monitoring the distress in the subprime mortgage industry and believes the current situation is manageable, a Treasury Department official said Monday.read more...
US mortgage interest rate rises this week (New Ratings) NEW YORK, June 17 (newratings.com) US mortgage giant Freddie Mac (FRE.NYS) reported Thursday that the 30-year fixed-rate mortgage rates in the US last week averaged 5.63%, up from 5.56% in
3Q 2005, Debt Explosion Continues On December 8, the Federal Reserve issued the latest Flow of Funds report. This is a very wonkish document.read more...
Choosing an Interest Only Mortgage Option (Hornell Evening Tribune) (ARA) - There are so many types of mortgage programs available to home buyers that it can get difficult to keep them all separate. One of the latest types of
Tale of two mortgages: fixed or ARM? Which is better varies by the unique circumstances of the borrower and which way the wind is blowing.via
IHOP’s CEO Julia Stewart has been making bold moves to revitalize the 45-year-old chain best known for its breakfast fare and blue-tiled roofs. With a $1.9 billion bid for the bar-and-grill chain Applebee’s made on Monday, she may be taking her biggest risk yet. The move comes as Wall Street…
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