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Missing mortgage data recovered by lender (San Jose Mercury News)  Some Bay Area ABN AMRO Mortgage customers this week are receiving the digital age's dreaded midnight knock on the door: A letter stating a data tape containing their Social Security


Milwaukee firefighter leads by example  How appropriate that a firefighter would build a house with residential sprinklers.read more...


Crapo sees ?real problem' with mortgage loans (The Idaho Statesman)  In the wake of the subprime mortgage crisis, Idaho Sen. Mike Crapo said Congress shouldn't jump to the conclusion that it should outlaw certain types of mortgage loans. read more...


Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


TD Banknorth profit falls 9 percent in third quarter  TD Banknorth Inc. said Monday that its third-quarter profit fell 9 percent, hurt by acquisition-related charges and a loss on derivatives.read more...


Leading economic indicators fall  A closely watched gauge of future economic activity declined slightly in February following a sharp rise in January, a private research group said Monday.read more...

April 25th, 2008

Goldman Mortgage Trading Chief Sparks to Leave, Spokesman Says (Bloomberg.com)

April 25 (Bloomberg)—Dan Sparks , who runs Goldman Sachs Group Inc.’s mortgage division, is leaving the firm after a successful bet on the declining value of subprime home-loans helped the company produce record earnings last year.

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