Luminent Mortgage Hikes Dividend (AP via Yahoo! Finance) Luminent Mortgage Capital Inc. said Thursday it raised its cash dividend by 50 percent to 30 cents per share from 20 cents previously.read more...
Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim Relief on Newly-Revised IRS Form (SmartPros Accounting) Feb. 13, 2008 (SmartPros) Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim special tax relief by filling out newly-revised Form 982 and
A Flood of Agents CUPERTINO, Calif. - Joseph Petralia is cold-calling Silicon Valley homeowners, politely inquiring whether they're planning to move anytime soon.via
City Officials Overspend Budget by $600,000 KISSIMMEE - When members of the Osceola County legislative delegation were invited to address a Kissimmee/Osceola County Chamber of Commerce luncheon, local lawmakers patted themselves on the back over the
Real estate prices begin to soften in East Bay (Reg Req'd) Peter Klingsheim is leaving the East County real estate market, selling his 2,400-square-foot Brentwood house before it loses value.read more...
Tropicana Makes Bankruptcy Filing Casino operator Tropicana filed for Chapter 11, the largest corporate filing of the year, following a missed interest payment on a $1.32 billion loan.read more...
“We are independent because the (EU) treaty calls on us to be independent”
The European Central Bank and the Bank of England held interest rates steady Thursday as they tried to calm jittery money markets.
The president of the ECB, which sets monetary policy for a 13-nation region accounting for more than 15 percent of the world’s gross domestic product, called for fuller disclosures from financial institutions to spur investor confidence.
The ECB left its key refinancing rate at 4 percent and the Bank of England stood firm at 5.75 percent decisions observers had come to expect following the past month’s market volatility.
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