Lehman Bros. to eliminate 1,300 mortgage jobs (AFP via Yahoo! News)
US investment bank Lehman Brothers said Thursday it was eliminating 1,300 staff as it continues to scale back its US mortgage operations amid a national housing slump.
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Good Samaritan Ministries Moving Good Samaritan Ministries is fixing up an old downtown building to help better offer its services to the community.via
Wachovia wins closely watched US lending case In a closely-watched U.S. case addressing federal-state relations, a federal appeals court ruled that state banking officials cannot regulate the operating units of national banks.via
U.S. mortgage applications surge (Detroit News) U.S. mortgage applications rose last week by the most in almost a year, as low interest rates contributed to a record number of requests for loans to buy houses. Applications
Freddie Mac loss swells as mortgage crisis deepens (Reuters via Yahoo! News) Freddie Mac , the second-biggest provider of U.S. residential mortgage funding, said on Thursday its loss widened to a record $2.5 billion in the fourth quarter as the housing
'Rent stress' on the rise "We've broken the incidences of housing and mortgage stress down by electorate and by region, and the scary thing was that it went right across Australia" Half of Australian
Bankrate: Mortgage Rates Decline Due to the Prospect of Economic Weakness (Builder Online) NEW YORK, Aug. 18 /PRNewswire-FirstCall/ -- Fixed mortgage rates declined this week after six consecutive weeks of rising interest rates. The average 30-year fixed rate mortgage decreased from 5.96 percent