Vera Wang Has Designs On Selling Her Digs The designer goes to contract on her New York City apartment; trial attorney Gerry Spence asks nearly $35 million for his residence near Jackson, Wyo.; and a Hawaiian compound sells
Risky Mortgage Woes Set To Move Up Credit Quality Ladder (Nasdaq) (This story was originally published Wednesday.) NEW YORK -(Dow Jones)- Although trouble in the market for subprime mortgage loans has up to now hogged the spotlight, investors are starting to
Housing boom cooling The real estate wave likely crested in 2005, economists say. Home sales nationwide for 2005 were on track to set a record for the fifth consecutive year, according to National
Mortgage rates stay near year low (Fort Wayne Journal Gazette) WASHINGTON ? Mortgage rates around the country crept up this week, although rates on 30-year mortgages still hovered close to their low for the year.read more...
Woolwich offers new fix and track mortgage (Banking Business Review) Woolwich, the mortgage division of UK high street banking giant Barclays, has launched its new fix and track mortgage, which is designed to help borrowers beat the uncertainty of the
Greenspan defends subprime mortgage market (USA Today) Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home loans not the loans themselves was to blame
Feb. 28 (Bloomberg)—Peloton Partners LLP, the London- based hedge-fund firm run by former Goldman Sachs Group Inc. partners, is liquidating its ABS Fund because of losses on mortgage-backed debt that last year produced an 87 percent gain.
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