Luminent Mortgage Hit Hard by Margin Calls (Seeking Alpha via Yahoo! Finance) Luminent Mortgage Capital said it is considering "a full range of strategic alternatives" as shares lost more than three-quarters of their value after the company warned that it was
Stocks fall ahead of Thanksgiving amid worries about the mortgage market, record-high oil (Eagle-Tribune Online) NEW YORK (AP) - Wall Street resumed its slide yesterday as unease about the wilting mortgage market and the broader economy triggered selling ahead of the unofficial start of the
Lake Wales OKs $9.5 Million Bond Issue LAKE WALES | The City Commission has approved a $9.5 million, 20-year bond issue to finance a variety of work included in the city's five-year capital improvement plan. The bonds
Interest-only mortgages raise the stakes in real estate (Reg Req'd) SAN FRANCISCO , Once a frustrated renter, Chris Economou is now a happy homeowner, enjoying a splendid view of San Francisco and an $80,000 increase in his property's value since
County approves joint application for housing funds Housing Redevelopment Authority Executive Director Jon Ford appeared before the Freeborn County Board Tuesday to ask commissioners to consider jointly applying for set aside funds from the Minnesota Housing ...read
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Mortgage applications decreased a seasonally adjusted 2.1% last week compared with the previous week, as mortgage interest rates broadly increased, according to the Mortgage Bankers Association’s most recent survey, released on Wednesday. Applications were up an unadjusted 65% in the week ended Feb. 8 compared with the same week in 2007, the Washington-based industry group reported. ...
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