Ellington Freezes Withdrawals From Two Mortgage Hedge Funds (Bloomberg.com) Oct. 8 (Bloomberg) -- Ellington Management Group LLC, the Old Greenwich, Connecticut-based hedge-fund firm that invests in mortgage securities, suspended client redemptions from two funds because it's too hard to
CORRECTED - CORRECTED-UPDATE 1-HK banks raise mortgage rates (Reuters via Yahoo! Asia News) In the Hong Kong item headlined "UPDATE 1-HK banks raise mortgage rates as interbank rates firm," please read in the fourth paragraph "... has raised its rate to prime
Virgin enters Australian mortgage market (AAP via Yahoo! Australia & NZ Finance) Sir Richard Branson's Virgin Money expects to reach four to five per cent of Australia's mortgage market with the launch of a new home loan product.read more...
Energy Assistance Program Helps Cut Heating Costs Higher Energy Cost This Year Is Expected To Increase Need For Help GARY They're packing neighborhood centers to keep their lights and heat on.read more...
Bank of America mortgage cuts will hit Rancho Cordova operation (BizJournals) Bank of America Corp. will exit its consumer wholesale-mortgage business, a move that will eliminate 700 jobs, including "less than 100" in Rancho Cordova. (BAC)read more...
Cheap but chic In their Sacramento, Calif., apartment, Jillian Trayer, 22, and Matthew Rossi, 26, dine in an Italian-themed eating area they furnished for less than $30. Under a maroon tablecloth is a
The mortgage crisis continues, and our nation’s leaders continue to debate the best way to help struggling homeowners. So far, the only relief has been for banks, lenders, and maybe now, homebuilders. 4/12/08
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