BlackRock sponsoring new mortgage firm (AP via Yahoo! News) The former president and chief operating officer of Countrywide Financial Corp. will run a new mortgage company unveiled Monday to acquire and restructure distressed mortgages.read more...
Mortgage Insurer Tightens Up First it was the lenders. Now it's the mortgage insurers. Entire product lines are being yanked, potentially squeezing large numbers of home buyers and refinancers out of the marketplace.
Retirees increasingly spend their golden years in the red When Miss Daisy, 65, totals her monthly bills they amount to usually $200 more than her income.Commentread more...
IBM Delivers Banking Back-Office Solution The new Core Systems Transformation solution represents a $140 million investment by IBM.via
Mortgage lending up but tipped to fall (ShareCast via Yahoo! UK & Ireland Finance) Mortgage remained strong in October, but the Council of Mortgage Lenders warned that things will get worse towards Christmas as the credit crunch really begins to bite.read more...
Mortgage Rates Rise, Defying Expectations (NPR) With the economy slowing and the Federal Reserve Board cutting interest rates, mortgage rates were expected to come down a bit. That's not what's happened, though. Mortgage rates on 30-year
Q DEAR TIM: I need a workbench. After reviewing many plans, I am a little confused. Is there a difference between a garage workbench and a workbench stand? Is there an advantage to making a metal workbench instead of a wooden one? What would you use for the workbench legs? What is the most…
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