Sector Snap: Mortgage Insurance (AP via Yahoo! Finance)
Shares of mortgage insurers plummeted Wednesday after MGIC Investment Corp. reported hundreds of millions of dollars in losses because of unpaid home loans.
read more…
New retail chief named Charles Schwab Corp. named a new head for its key retail-investor business in a move likely to have broad implications for the brokerage's strategic direction and succession planning.read more...
Productivity seen rising in fourth quarter U.S. stocks are expected to extend their record-setting gains next week, taking their cue from the Federal Reserve's upbeat comments on the economy and inflation and amid fresh earnings reports
Defaults among U.S. mortgage insurers rose to record in November (The Canadian Press via Yahoo! Canada News) WASHINGTON - U.S. mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group.read more...
Wal-Mart's Missing Spark Despite its surprisingly good June growth, Wall Street wants far better. Persistent legal problems are also dampening investor enthusiasm There's a saying in the retail sector: "When Wal-Mart sneezes, the
Consult experts, know risks of applying for a reverse mortgage (The News-Press) A reverse mortgage is an actual equity home loan. It allows you to take some of the equity out of your home and transform it to cash while you remain
Be wary of gimmicky strategies for paying off your mortgage (Sun-Sentinel) When my wife, Georgina, and I paid off our $100,000 mortgage early 19 years ago, we saved $97,468.70 in interest.read more...