Types Of Bankruptcy

Today's Markets  One in four homebuyers in greater Boston last year took out interest-only mortgages that offer lower monthly payments in the initial years but higher payments later - a trend that


Pros and Cons of Heating Methods  read more...


The Record Business Is ...   His Career Is In Your Hands. Musician / Producer Butch Walker had a rough autumn in 2007. via MetaFilter read more...


Business Express: Bill Day - The humbling of a genius (Reg Req'd)  About this time last year, I was a genius. Now I'm not. In May 2004, my wife and I bought a house, bigger and nicer than the one we were


The long bond is back  The federal government announced this morning that it is resurrecting the beloved 30-year treasury bond.read more...


Mortgage rates rise on good job news (CNN Money)  Mortgage rates rose on solid job news after holding steady the previous week, according to a survey released Thursday.read more...

March 11th, 2008

Fed to Lend $200 Billion, Take on Mortgage Securities (Update3) (Bloomberg.com)

March 11 (Bloomberg)—The Federal Reserve, struggling to contain a crisis of confidence in credit markets, plans to lend up to $200 billion in exchange for mortgage-backed securities.

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