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Euphoria filled the mortgage bubble; it was destined to burst (Pittsburgh Tribune-Review)  First a three-part series exploring the mortgage and credit crisis.read more...


Correction -- New York Mortgage Trust Reports Year End and Fourth Quarter 2005 Results (PR Newswire via Yahoo! Finance)   New York Mortgage Trust, Inc. , a self-advised residential mortgage finance company organized as a real estate investment trust , today corrected the basic loss per share of $0.30


Real Estate  Detroit News and Free Press Websites Search thousands of real estate listings for metro Detroit, as well as second home and recreational properties throughout Michigan.read more...


Bankrate: Mortgage Rates Dip Following Fed Announcement (FinanzNachrichten)  NEW YORK, July 6 /PRNewswire-FirstCall/ -- After rising for three consecutive weeks, fixed mortgage rates took a breather in the immediate aftermath of the Federal Reserve's June 29th interest rate


Affordable Housing Out Of Many's Reach  Central Florida's booming housing market is pricing middle-class professionals out of homes.read more...


Police Want Information on Armed Robbery  Police are looking for information in an armed robbery that happened just after midnight Monday in the Chanler Ridge subdivision. more» read more...

October 4th, 2007

Merrill Lynch to swing to loss on mortgage bets (AFP via Yahoo! News)

Merrill Lynch & Co., Inc., a big Wall Street investment bank and brokerage, warned investors Friday it will post a third quarter loss because of soured bets it made on the mortgage and debt markets.

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