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Brown: Shaking cash out of the house  Here's a surprising and somewhat disturbing statistic released by the Mortgage Bankers Association: Refinancing accounted for 44.8 percent of all mortgage applications in a recent week.read more...


Take 401(k) match instead of paying debt  Borrowing from a 401(k) is often unwise, especially if it keeps you from contributing to your account, Dr. Don Taylor says.read more...


Most financial services marketing fail to meet FSA standards  A massive 76% of ads and marketing literature from financial services companies fails to meet the standards set by the Financial Services Authority, according to research conducted by business adviser


Loan Problem Is Manageable   The government is monitoring the distress in the subprime mortgage industry and believes the current situation is manageable, a Treasury Department official said Monday.Commentread more...


U.S. Mortgage Market Needs $1 Trillion, Analysts Say (Update2) (Bloomberg.com)  March 7 (Bloomberg) -- The $11 trillion U.S. home-mortgage market needs about $1 trillion in new investment to halt a slide in prices that began last year, according to analysts


ADV: The Weather Channel  Local weather, 10-day forecasts, travel conditions, severe weather alerts and more!read more...

October 22nd, 2007

Mexico’s Largest Mortgage Lender Chooses Novell for Key Business System (ThomasNet)

Largest IT project in Mexico puts customer financial transactions on SUSE Linux Enterprise, saving $4.5 million in hardware and software costs WALTHAM, Mass.—Oct. 2, 2007—The Instituto del Fondo Nacional de la Vivienda (INFONAVIT), Mexico’s largest mortgage lender, has tapped SUSE® Linux Enterprise from Novell® as its platform for customer transactions. Providing services to more than 12 …

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