Stock market looks to retail sales Traders work at the New York Stock Exchange, Friday, March 9, 2007 in New York. Wall Street extended its advance Friday after the government's employment report showed signs of continued
Countrywide plummets as mortgage jitters grow (Reuters via Yahoo! News) Countrywide Financial Corp shares plummeted as much as 22 percent on Tuesday to their lowest level in more than seven years on speculation that the largest U.S. mortgage lender
Rates on 30-Year Mortgages Edge Higher WASHINGTON - Rates on 30-year mortgages, after falling for six straight weeks, edged up slightly this week as investors anticipated another rate hike from the Federal Reserve, according to a
Strong economy causes bankruptcies to fall 4.5% in 2006 The number of new bankruptcy cases fell by 4.6 per cent in 2006 to 106,629 -- the largest decline since 1998 --even though consumer debt levels are rising, the Office
House passes bill for tighter Fannie, Freddie regulation (Reg Req'd) Bill also creates private housing fund Thursday, October 27, 2005 Inman News Rep.read more...
NZ's Tower shuts mortgage fund, cites credit crunch (Reuters Finance News, New Zealand via Yahoo!7 Finance) WELLINGTON, April 7 (Reuters) - New Zealand insurance and investment company Tower Ltd TWR.NZ said on Monday it would close a NZ$242 million ($191 million) mortgage investment fund, after tighter
NEW YORK (Reuters) – First Magnus Financial Corp., one of the largest independent U.S. mortgage lenders, said on Thursday it has stopped funding home loans and taking mortgage loan applications because investors are not buying its loans.
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