Mortgage applications rise (CNN Money)
Volume increased 22.5% in latest week, according to Mortgage Bankers Association survey; refinance volume leaps 31.9%.
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Why is town growing so fast? ... Just ask a banker Signature Bank, 355 Eastman Park Drive, is one of xx banks in Windsor, a sure sign that the town is growing quickly.read more...
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Merrill Lynch to Buy First Republic Merrill Lynch & Co., the biggest U.S. retail brokerage, said Monday it will buy San Francisco-based wealth manager First Republic Bank for $1.8 billion in cash and stock.Commentread more...
AmBank aims to enlarge current account portfolio BANK Group aims to enlarge its current account portfolio to as big as that of Maybank.via
Mortgage lender Nationwide announces merger (AP via Yahoo! Finance) The Nationwide Building Society, a British mortgage lender, said Monday it is taking over two smaller rivals. Nationwide said it will absorb the Derbyshire and Cheshire building societies.read more...
1,300 jobs to go at Northern Rock Nationalised lender Northern Rock is make around 800 compulsory job cuts as part of its efforts to shrink the business, the firm said today.read more...