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First Union Real Estate Equity and Mortgage Investments Sells Additional Series B-1 Cumulative Convertible Redeemable (PR Newswire via Yahoo! Finance)   First Union Real Estate Equity and Mortgage Investments announced today that it has sold through a private offering an additional 360,000 shares of its Series B-1 Cumulative Convertible Redeemable


Mortgage Rates Dip Again, to 6.44%    Rates on 30-year mortgages fell for a sixth consecutive week, providing home buyers with more relief from an earlier rise in rates. read more...


Business buzz (Reg Req'd)  He and other officers for the coming year will take office on Jan. 1. Poole succeeds Howard Garrison, president of People's Bank & Trust Co.read more...


Lowe's may open by autumn  About three-quarters of the walls are up at the Lowe's Home Improvement Center under construction, but most of the work on the mega-hardware store is left to be done.read more...


Remodeling of Human Plasma Lipoproteins by Detergent Perturbation  Detergent perturbation, the treatment of total human plasma lipoproteins with sodium cholate and its subsequent removal, has been used to study lipoprotein dynamics and stability.via


How to price your house to sell  With home sales slumping and inventories on the rise, experts say getting your home sold depends a lot on pricing it correctly.read more...

November 14th, 2007

Write-Downs Portend 4th-Quarter Mortgage Losses (The Tampa Tribune)

Billions of dollars in mortgage losses reported during the third quarter could be a prelude to bigger losses in the fourth quarter, as two more financial institutions warned of substantial write-downs Wednesday.

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