Year in Review "Lacking normal intelligence and reason" is my favorite definition for "stupid," except for those times when it applies to my own work.Commentread more...
Bond quality important in unsettled times "Though outright recession is not likely right now, the economy could slow significantly and impact fixed-rate portfolios" The numbers game isn't adding up for average investors. Government data, corporate
Mortgage Assistance buys Dallas office building (BizJournals) Mortgage Assistance Center Corp. said Monday that it has closed on the purchase of 999 Metro Media Place in Dallas for an undisclosed amount.read more...
Mortgage Crisis Reaches Resorts PARK CITY, Utah -- With the developer forced into bankruptcy court, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built,
FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners' tax break could end (The Charlotte Observer) President Bush's tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.read more...
N.Y. Blast Could Cost Businesses Big Money NEW YORK - With the cleanup from a deadly steam pipe explosion expected to drag on for days, businesses in the "frozen zone" could lose hundreds of millions of dollars,
Many borrowers would like a mortgage in which the monthly payment drops after a large payment to principal. They may have irregular income, or they may anticipate coming into a large sum of money from a bonus, bequest or insurance settlement.
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