The long and short of long-short funds Want to hedge investments like the big-money people? The average investor can get in on the action via somewhat tamer long-short mutual funds.read more...
Homebuilder Confidence in U.S. Declines to an 11-Year Low on Higher Rates Confidence among U.S. homebuilders dropped to an 11-year low this month amid a glut of unsold homes and rising mortgage rates.read more...
Agencies issue subprime guidance: sources U.S. banking regulators plan to issue eagerly awaited guidance on the subprime mortgage market as early as Thursday afternoon, two sources familiar with the matter told Reuters on Wednesday.Commentread more...
Exotic Mortgage Payment Shock Last week we mentioned the fact that investment banks are in the practice of insuring the profits when they sell securitized home loans, i.e. mortgage backed securities.read more...
Contractor ordered to pay restitution A building contractor was ordered to pay $21,000 in restitution and unpaid wages to 12 day laborers in Upper Marlboro on Thursday.read more...
Open house offers free afternoon of theater Sunday's open house at Nashville Children's Theatre is the perfect time to check out the newly renovated and expanded facility . via The Tennessean read more...
Shares of mortgage lenders were mixed Monday ahead of the Federal Reserve’s meeting on interest rates. National City Corp., a Cleveland-based bank, said the losses in its mortgage business will be toward the high end of expectations.
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