City Sought to Extend Boundaries for First Time via
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Vital Signs For The Week Of Oct. 31 On Tap: The October Employment Report, Third-Quarter Productivity, September Personal Income, The ISM's Business Activity Reports, And More It's unclear just how much slack is left in the U.S. economy.read
Winning Homes Need Outside Amenities via
Arizona bank cuts mortgage center (BizJournals) An Arizona-based bank is closing its Charlotte mortgage operations center, citing the ongoing mortgage-credit crunch, with the move costing 65 local employees their jobs.read more...
Missouri man pleads guilty to mortgage fraud (BizJournals) A Missouri man pleaded guilty Friday to his role in a large area mortgage fraud case.read more...
U.S. stocks pointed toward a lower opening Thursday as Wall Street paused in its rally ahead of testimony from Federal Reserve Chairman Ben Bernanke and the release of unemployment data and more investment bank earnings.
Bernanke, along with Treasury Secretary Henry Paulson, is scheduled to testify at 10 a.m. EDT about the mortgage and credit markets before the House Financial Services Committee. After the Fed’s big half-point cut in its target fed funds rate, which lifted the Dow Jones industrials about 400 points over the past two days, investors will be listening for hints of further cuts. Read more
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