Bear Stearns to lay off 300 mortgage workers: report (Reuters via Yahoo! News)
Bear Stearns Cos Inc is laying off 300 mortgage workers, cable news channel CNBC reported on Wednesday.
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Michael Cross: Has Land Registry bitten off more than it can chew entering the matrix? If I were setting up a giant government IT system designed to create new perceptions of the world, I wouldn't put the word matrix in its name. via Guardian
Confused by all the Mortgage Options? Here's Help (Wellsville Daily Reporter) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Want a Mortgage? Start by Settling Your Score (The Bradford Era) (ARA) - Anyone who's been denied credit may feel the old adage "you can't fight city hall" should be replaced by a new axiom: "You can't fight the credit system."
Fed's Kroszner prods mortgage servicers to speed up sub-prime workouts (The Forex Market) WASHINGTON (Thomson Financial) - Efforts to work out affordable solutions for homeowners facing possible foreclosure because of higher-rate resets on their sub-prime mortgages are being slowed by a lack of
All signs point to an economic slowdown, and recession dangers are growing From bustling Wall Street to the quiet corridors of the Federal Reserve, there's widespread agreement that the once-sizzling U.S. economy is slowing.read more...
Q2 mortgage figure slumps by 23% (RTÉ News) Figures show that the number of new mortgages in the second quarter of this year fell by 23% compared with the same period last year. The mortgage market profile, published