Homeward Angels As she lazily opens her eyes each morning and gazes up at her turreted ceiling, Zan Nix of Ashland is greeted by winged cherubs helping a filmily clad male and
New Century Leads Drop in Shares of Mortgage Lenders (Update3) (Bloomberg.com) March 5 (Bloomberg) -- Shares of New Century Financial Corp. suffered their biggest drop ever, leading a decline in subprime mortgage companies and less-risky lenders.read more...
Malik ousted from credit union Vancouver businessman Ripudaman Singh Malik has been removed from the board of Khalsa Credit Union by government regulators because he has "terrorist connections" and provided false or misleading information at
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HomeBanc posts $2.9M profit Atlanta Business Chronicle - 7:43 AM EDT Tuesday During the second quarter, HomeBanc Corp.read more...
FSA finds small IFA firms are handling mortgage endowment complaints well but some issues remain (UK Financial Services Authority) The Financial Services Authority (FSA) has found no evidence that small IFA firms are 'fobbing off' mortgage endowment complaints, but did discover some issues with complaints handling practices that firms
Major banks are suffering enormous losses on investments tied to home mortgages. For years, Wall Street made handsome returns betting on mortgage-backed securities. But those securities are opaque and contain risks that investors were either unwilling or unable to recognize.
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