Luminent Mortgage Capital 1Q Profit Down (AP via Yahoo! Finance) Luminent Mortgage Capital Inc., which invests in mortgage loans and mortgage-backed securities, said Wednesday its first-quarter profit fell 6 percent on higher expenses and lower net interest income.read more...
Terror attack drives mortgage rates down In a week of bad economic news, with the Shanghai surprise and Alan Greenspan using the "R" word, what scared investors most (and sent mortgage rates down) was the attack
City Plans More Streetscaping read more...
Home Depot to Close Call Center Home Depot, a retailer of home improvement products, reported last week that it will be closing its call center in Addison, Texas, on March 12, 2007.Commentread more...
Existing-Home Sales Decline Home resales fell 2% from the previous month and 19% from 2007 as the housing market slump continued, but two gauges of home prices show a rare glimmer of hope that
Mortgage crisis still squeezing WaMu (Miami Herald) Washington Mutual says it will take another multibillion write-down for bad bets on mortgage securities but insists it has adequate capital to fund its operations amid concern about the thrift's
Oct. 18 (Bloomberg)—Bank of Japan Governor Toshihiko Fukui said problems stemming from the U.S. subprime-mortgage crisis persist and have increased financial market ``uncertainty.’‘
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