RAMS Mortgage to Raise A$695 Million in Share Sale, People Say (Bloomberg.com) June 27 (Bloomberg) -- RAMS Mortgage Corp. plans to raise A$695 million ($590 million) in an initial public offering, after the Australian lender spurned a bid from Kohlberg Kravis Roberts
Tactics to avoid mortgage default (The Courier News) Trouble begins with a slow-motion descent toward your first missed mortgage payment. It's a queasy feeling thousands of homeowners know too well as their houses slip away. read more...
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...
Smart Money Moves? This morning, the better-than-expected housing starts and building permits numbers caused the currency markets to start viewing the dollar favorably again.read more...
Personal Finance Republican paper calls for GSE portfolio limits Reuters - Tue Jun 7,10:54 AM ET WASHINGTON - The $1.5 trillion investment portfolios held by mortgage finance companies Fannie Mae and Freddie
Interest-only mortgages go through the roof (Reg Req'd) One in four homebuyers in greater Boston last year took out interest-only mortgages that offer lower monthly payments in the initial years but higher payments later - a trend that
CHAMPIONSGATE | Another step was taken toward the eventual widening of U.S. 27 in the Four Corners portion of Polk County when the Florida Department of Transportation held a public hearing on the project recently. But don’t look for the work to start any time soon. more»
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