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Goodbye bank managers  There was a time when banks wanted their money back. A cartoon by H.M. Bateman conjures up the scene.via


Feds May Expand Mortgage Help Program (Washington Post)  WASHINGTON -- Treasury Secretary Henry Paulson said Tuesday the administration was exploring what would be a significant expansion of the program to help at-risk mortgage holders. read


Austin Rental Market - September 2006 Update  Below are the stats for the Austin Rental Market for September 2006 and for 2006 year-to-date. We are now in the slower rental season in Austin.Commentread more...


Ahead of the Bell: Thornburg Mortgage (AP via Yahoo! Finance)   Thornburg Mortgage Inc. said late Thursday it expects its loss this quarter to be a little more modest than previously thought because the mortgage lender's creditors were able to


GMAC Gets $1.5B for Stake in Mortgage Unit (AP via Yahoo! News)   General Motors Corp., struggling to restore its financial vigor, said Thursday its finance arm sold a majority stake in its commercial mortgage division, raising nearly $9 billion in cash


Seller Activity Breaks Record as 2006 Housing Market Launches  RISMEDIA, Feb. 14 - This year began with a flurry of seller activity in the Twin Cities, Minnesota, residential real estate market.read more...

October 15th, 2007

Lehman Bros. shuts down Md. mortgage company (bizjournals.com via Yahoo! Finance)

The Gaithersburg division of a residential mortgage company is closing its doors and laying off 160 workers.

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