Bear Stearns taking additional writedown Investment bank Bear Stearns Cos. will take a $1.2 billion writedown in the fourth quarter related to weakness in its credit portfolios, Chief Financial Officer Samuel Molinaro Jr. via
Decorate guest room to make company feel right at home A little sand here, some tufts of grass there and a duck peering down from a ledge bring a lakeshore feeling into the landlocked guest bedroom of Julie and Ryne
Firestone donates to Davis Memorial Foundation Firestone Building Products Co. recently donated $5,000 to the Davis Memorial Foundation, the scholarship program administered by the Western States Roofing Contractors Association .via
Builders in a price crunch (Reg Req'd) F YOU'RE THINKING about building a home or doing a major renovation, brace yourself.read more...
Fitch Withdraws Saxon Mortgage Services Resi Special Servicer Rating (Business Wire via Yahoo! Finance) NEW YORK----Dec. 23, 2005--The residential special servicer rating for Saxon Mortgage Services, Inc. has expired and is not being renewed at this time by the servicer. SMSI's ongoing business
New partner is both a CPA and attorney M. Martin Mercer has been named partner at B2B CFO/CIO, LLP, a national firm that provides on-site services for small to midsize businesses.read more...
A friend in need is a friend indeed. And friendships across America are being tested during this housing crisis. There is a way some friends are helping those facing foreclosure. They are using their self-directed IRAs to buy those homes from the bank and then leasing them back to their friends until they can get on their feet and afford a new mortgage.
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