Markets sink on U.S. mortgage news (Toronto Star)
Stock markets were in the red Monday morning as investors digested more bad news connected with the contracting U.S. housing sector and securitized mortgage loans that have gone bad.
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Credit Suisse Unit Sues Subprime Mortgage Lender (Washington Post) A Credit Suisse unit has sued Sunset Direct Lending, a subprime mortgage lender in Lake Oswego, Ore., for failing to buy back $24 million in bad loans.
Bank fees can be costly Checks clear faster: This can happen more frequently now with the Check 21 law. Under Check 21, a paper check doesn't have to be physically shipped to the bank.read more...
(PZ) Allied Home Mortgage Capital Corporation Opens New Branch Office in Duluth Allied Home Mortgage Capital Corporation has opened a new branch in Duluth, GA. The branch is the 2nd one in the city and 24th in the state.read more...
Experts say home sales to dip more There is no question that the housing market has slowed greatly on a national and local level.Commentread more...
69 Home Improvement Contractors Charged by County for Operating... Go to www.westchestergov.com/consumer for list of licensed contractors Westchester County, in its continued crackdown on unlicensed home improvement contractors, has charged 69 people with operating without a ...read more...
Mortgage rates are much higher in UAE (Zawya) Despite the continual fall in the interest rate resulting in a 0.187 per cent interest for a one-month dirham deposit, the mortgage lending margins in the UAE still remain very