Bear Stearns Cuts 310 Mortgage Origination Jobs (Update1) (Bloomberg.com) Oct. 3 (Bloomberg) -- Bear Stearns Cos., the second-biggest underwriter of U.S. mortgage-backed securities, is cutting 310 jobs from its units that originate mortgages after the firm reported the biggest
IndyMac: 2Q Mortgage Production Surges (AP via Yahoo! Finance) IndyMac Bancorp Inc. on Wednesday said its mortgage production grew 51 percent in the second quarter, and predicted that earnings for the period could reach the high end of
Hotel groundbreaking scheduled, despite uncertainty The developer plans the ceremony as Dade City awaits a completed building permit application.read more...
Existing Home Sales Fall for 5th Month Sales of existing homes fell for the fifth consecutive month in August as the once-booming housing market slowed further.Commentread more...
Otsego defeats mortgage-tax increase (The Daily Star) COOPERSTOWN ? In a reversal of last year?s vote, the Otsego County Board of Representatives decided Wednesday not to raise the county?s mortgage tax from 0.75 percent to 1 percent.read
S. KOREAN MORTGAGE LOAN GROWTH DROPS (Asia Pulse via Yahoo! Australia & NZ Finance) Housing The extension of mortgage loans by major South Korean banks grew at their slowest pace in five months in August, as the lenders
Investors on Wednesday will get an update on home loan applications as mortgage industry turmoil continues and Wall Street presses the central bank to boost the struggling sector with an interest-rate cut.
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