U.S. attorney's office reports record collections BILLINGS The United States attorney's office collected a record amount of money from civil and criminal cases this past fiscal year.read more...
Top Lender Sees Mortgage Worries (Time.com via Yahoo! News) Economic warnings for the housing market from the nation's biggest mortgage lender prompted a Wall Street sell-off yesterday. Countrywide Financial said that "more borrowers with good credit were falling
Fine Art, Design to Live in Asbury Park Design Center Cookman Avenue in Asbury Park will soon be home to what officials are calling the premier interior design center of the Jersey Shore.Commentread more...
Longer mortgages are predicted The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for
Earnings improve as OceanFirst recovers from mortgage mess (Asbury Park Press) OceanFirst Financial Corp. reported higher fourth-quarter earnings as it recovers from a string of bad mortgage loans made by a now-closed subsidiary.read more...
China's Property Market Faces Heavy Financial Risks: Bank The sizzling Chinese property market faces heavy risks as prices continue to rise, according to a report from the People's Bank of China here Monday.read more...
Stocks are set to open lower Thursday as investors fret over a heavy loss by bond insurer MBIA Inc. and the prospect of new downgrades in the bond insurance industry.
A sizable 0.50 percentage point rate reduction from the Federal Reserve on Wednesday was not enough to keep stocks higher. An initial relief rally after the Fed announcement gave way to a new selling wave as speculation mounted that insurers that guarantee massive amounts of municipal and corporate debt may receive downgrades from credit agencies as early as this week. Read more
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