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Do-it-yourselfers coming out of the woodwork  When it was time to take out some walls in the 1960s-era ranch house that Rhett Bainter bought from his parents, he and his friends were the ones who swung


Friedman Billings Has First-Quarter Loss on Mortgage Writedowns (Bloomberg.com)  April 26 (Bloomberg) -- Friedman, Billings, Ramsey Group Inc., the investment bank that's trying to sell its money-losing subprime mortgage unit, posted a first-quarter loss because of writedowns tied to


Su Casita in talks for US$200mn in credit lines  Banking: Su Casita in talks for US$200mn in credit lines "We are working with a couple of banks for additional warehouse facilities for approximately US$200mn which will be finalized by


Currency Market Review: Rupee fluctuates slightly  KARACHI: The rupee fluctuated slightly against the greenback in the interbank market during the last week, said treasurers.read more...


Residential resales decline statewide, rise 6.2% in Orlando  January was a relatively warm month in terms of weather but a chilly one for the real-estate market.read more...


Mortgage crunch hits even the most-qualified buyers (BizJournals)  Kay Mukagaiwa's real estate agents always pre-qualify buyers for a mortgage before putting in an offer on a house or a condominium. But since the subprime meltdown of last summer,

March 17th, 2008

H&R Block selling mortgage business (Denver Post)

H&R Block said Monday it has signed an agreement to sell its troubled mortgage-servicing business for $1.1 billion to billionaire investor Wilbur Ross.

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