Mortgage woes force Thornburg to pay $300M (CNN Money)
If available cash cannot cover future margin calls, Thornburg Mortgage may have to begin selling assets to raise cash.
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Westchester to require tests for home-improvement contractors Starting today, anyone who wants to get a license to work as a home-improvement contractor in Westchester County will have to pass a test.read more...
Tax rates lower than many think (Reg Req'd) Just because you are in a "28 percent tax bracket" does not mean that you pay 28 percent of your income in taxes.via
No Lull in Mortgage Pitches (NYTimes.com via Yahoo! Finance) The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.read more...
Mortgage rates keep on increasing slightly (Detroit News) WASHINGTON -- Mortgage rates around the country rose for a second straight week but still remain below rates seen a year ago.read more...
Former broker jailed for mortgage fraud (Pittsburgh Post-Gazette) A man accused of falsifying loan documents as part of a $1.6 million mortgage-flipping scheme was sentenced to 41 months in prison yesterday.read more...
Harper says mortgage plan to ease credit (Reuters via Yahoo! News) Prime Minister Stephen Harper said on Friday that a C$25 billion ($21 billion) mortgage plan launched by his government would buffer domestic credit conditions from a global financial crisis