Mortgage hike alert after US bank crash (The Scotsman)
SHARP increases in mortgage costs of up to £3,000 a year now appear almost certain for tens of thousands of homeowners after the near-collapse of one of the world’s bigges
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Some pension bonds can save taxpayer money (Reg Req'd) The article stated that payment of principal and interest on POBs takes away from funding other county services.read more...
Mortgage Applications Fall to 11-Month Low (Fox News) U.S. mortgage applications fell to an 11-month low last week on a drop in demand for loans to buy homes, suggesting a slowdown in the housing marketread more...
California lawmakers question risky mortgage lending practices (The Fresno Bee) California lawmakers on Wednesday began considering restrictions on unorthodox mortgage-lending practices that have allowed hundreds of thousands of Californians to buy homes they otherwise could not afford.read more...
FP Summary Bay Street analyst Fadi Chamoun thinks WestJet Airlines Ltd. should be more aggressive in Eastern Canada and consider an acquisition of Atlantic-based air carrier CanJet Airlines.read more...
Bear Stearns to Cut 650 Jobs Following Subprime Mortgage Losses (Bloomberg.com) Nov. 28 (Bloomberg) -- Bear Stearns Cos., the biggest underwriter of U.S. mortgage bonds, will eliminate 650 jobs throughout the firm, bringing its fourth-quarter cuts to about 10 percent of
Green Tagline Aims to Keep E-mail Paperless Though intended to be a paperless communication medium, e-mail has felled more than its fair share of trees. more» read more...