Merrill Lynch takes $5b mortgage hit (Connecticut Post)
NEW YORK ? Investment bank Merrill Lynch & Co. said Friday credit and mortgage woes will lead it to post a third-quarter loss, as it takes almost $5 billion in writedowns in
read more…
Poll Shows Residents' Budget-Cut Ideas read more...
Experts at odds on the future for condos The condos will keep coming, experts say, but it remains to be seen who will live in them.read more...
McCain Sees a Need for Mortgage Aid (New York Times) Senator John McCain said that he would consider greater federal intervention to limit the fallout of the mortgage crisis if current measures fail.read more...
Mortgage fraud flourishes in down markets As long as the market stays in the doldrums mortgage fraud will continue to thrive, financially damaging not only buyers, sellers and lenders, but even neighbors.read more...
Where to invest emergency fund A money market account or money market mutual fund is fine, says Dr. Don.read more...
Fourth of July parade getting a tune-up A man displays his patriotism on Main Street at the 102nd annual Fourth of July parade.Commentread more...