Euro Remains Bid As Market Looks Ahead to ECB Rate Hike Yen Rallies as BoJ Tries to Exert Independence US Dollar It is the day before the Thanksgiving holiday here in the US and most dealers are thinking more about their
Housing starts plunge to 3-year low Home builders broke ground on 6% fewer homes in August to a more than three-year-low, the government reported Tuesday, stunning forecasters at how rapidly the housing boom has gone bust.read
REPEAT&CORRECT: BoA Planned Cuts Stir Up Mortgage Market (Nasdaq) ("=Bank of America Planned Sales Stirs Up Mortgage Mkt," published at 1:34 p.m. EDT, incorrectly said the bank plans to further reduce its portfolio via sales of securities.read more...
Meltdown 101: Who owns my mortgage? (KATU Portland) The pooling and reselling of mortgages, known as mortgage securitization, has played an outsized role in this financial crisis. Here are some questions and answers about mortgage securitization and its
Borrowers face mortgage burdens into retirement (Money Marketing Online) More than a third of homeowners face the prospect of working into retirement just to pay their mortgage, according to research from The One Account.read more...
Drivers of full-size SUVs migrate toward big pickups E-mail: Select one: Text Drivers of full-size SUVs migrate toward big pickups By James R. Healey, USA TODAY Owners are fleeing full-size SUVs in dramatic numbers, but it's not
Mortgage banks have continued to rally. Northern Rock is up on bid hopes and the others on the news that all had declined to take up the Bank of England’s offer of £10bn of emergency funding.
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