Wells Fargo's profit slips to 6-year quarterly low / Mortgage crisis, declining home values weigh on bottom line (San Francisco Chronicle) Wells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that's tormenting most of the banking
Catholic school lockout angers parents, officials A group of 3-, 4-, and 5-year-old children, holding blue-and-yellow balloons to match their parochial school colors, yesterday marked the end of their year and the closing of their school
No-Cost Equity-Style Loans Come to Primary Mortgages One of the most popular offerings in the home equity lending market is about to become available in the primary home loan arena: mortgages that carry no lender fees,
State home sales drop since last year LONG BEACH -- Home sales in California fell 11 percent from a year ago in November, a sign that the "soft landing" forecast for the housing market for the past
Fixed mortgage rates on the rise (Stuff) Fixed home mortgage rates are heading above 8 per cent, even before the Reserve Bank increases interest rates, which is increasingly expected next month, and perhaps again in December.read more...
AmBank targets double-digit mortgage market share (The Edge Daily) AmBank Group is looking to attain a double-digit share of the highly competitive mortgage market, said its head of retail banking Mohamed Azmi Mahmood.read more...
Allstate Corp., hurt by big writedowns of mortgage-backed securities and by hefty tornado-related damage payouts, said late Wednesday that first-quarter earnings dropped 77 percent.
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