Loans, mortgage losses give Citigroup dismal 4Q (BizJournals)
The subprime mortgage crisis hit Citigroup in a big way as the financial services company posted a fourth-quarter net loss of $9.8 billion, or $1.99 per share. (C)
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Design psychologists analyze your interior psyche WHEN Ran and Ronit Ever-Hadani expanded their Mar Vista home, they ended up with a long, narrow space that had a fireplace smack in the middle.Commentread more...
Government Crackdown on Mortgage Fraud (NYTimes.com via Yahoo! Finance) More than 400 real estate industry players have been indicted since March, including dozens over the last two days, in a Justice Department crackdown on incidents of mortgage fraud
Hawaii mortgage rates to 6.375% (Pacific Business News) Home loan rates across Hawaii settled in this week at 6.375 percent as all but one of the major local lenders posted that rate for a 30-year fixed-rate mortgage.read more...
Fitch Affirms 10 RMBS Classes from 2 GMAC Mortgage Corporation Issues (Business Wire via Yahoo! Finance) NEW YORK----June 26, 2006--Fitch Ratings affirms the following GMAC Mortgage Corporation home equity issues:read more...
Newcastle Building Society expands mortgage range (Banking Business Review) Newcastle Building Society has introduced an additional product to its mortgage range with the launch of a new five-year fixed-rate mortgage with a competitive rate of 5.05% until January 31,
Mortgage group mulls federal loan program changes (Reuters via Yahoo! News) A wave of foreclosures could be prevented if the largest federal home-ownership program were open to more delinquent borrowers, according to a study being mulled by the nation's largest