Ahead of the Bell: Existing Home Sales 6:38AM ET
An industry group’s monthly report due Monday is expected to show that existing home sales remained stuck last month at the record-low rate reported in October. via BusinessWeek
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National City may sell some mortgage units (Reuters via Yahoo! News) National City Corp. , the No. 8. U.S. bank, said on Monday it may sell some mortgage lending units as soon as this summer to reduce its exposure to
Stocks up after new home sales rise An unidentified trader watches the board in the Standard & Poor's 500 futures pit at the Chicago Mercantile Exchange near the close of trading Wednesday, Oct. via Kentucky.com read
Selling on an endowment could be the best policy A: Endowment policies are a long-term investment and are relatively inflexible. They generally take five to seven years before their cash-in values match and then exceed the amount invested.via
A Very Slow Moving Commodity "It suggests that once a home's value falls below the amount owed on a mortgage, borrowers tend to then view the default option as being 'in the money' and exercise
Old TXU plant coming down (Reg Req'd) FORT WORTH _ Portions of the old TXU power plant, a 93-year-old landmark at the Trinity River and North Main, will come tumbling down soon.read more...
Stocks Recover Amid Signs of Stability Wall Street extended its recovery from last week's big plunge, rising Thursday after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.Commentread more...
December 30th, 2007
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