Wall Street Trader Paulson Made Billions on Subprime
John Paulson made a spectacularly successful bet against the housing market at the right time and reaped what’s believed to be the largest one-year payday in Wall Street history.
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A Three-Year Ride On a Resort Caboose A sales executive is ready to exit a converted railroad car he bought three years ago.read more...
Getting mortgage for expensive property now costs even more (BizJournals) Soaring jumbo mortgage loan rates are creating concern nationally in the high-end housing market, but aren't impacting Pittsburgh -- at least not at this point.read more...
7-Eleven agrees to crack down on underage tobacco buyers Eleven has reached a deal covering Michigan and about 30 other states geared toward weeding out underage tobacco users.read more...
Study finds real estate markets overvalued National City Corp.'s latest quarterly study says that 38 percent of the top 299 metro housing markets "are extremely overvalued and at risk for a price correction." At the top
Bernanke: Future Financial Crisis Must Be Avoided Federal Reserve Chairman Ben Bernanke said regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge
Paradigm Quest Launches Filogix/FIS End-to-end Mortgage (CanadaIT.com) First end-to-end solution for the Canadian mortgage industry provides more choices and better solutions to meet market demands.read more...
January 15th, 2008
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