QLogic Selling Slumping Business Aliso Viejo-based QLogic Corp. agreed to sell its struggling disk drive controller business for $225 million to Sunnyvale-based Marvell Technology Group Ltd., the company said Monday.read more...
S&P emails slammed mortgage debt products: report (Reuters via Yahoo! News) Analysts at Standard & Poor's Rating Services warned against mortgage-related debt products in internal e-mails that, in one case, called the complex financial deals "ridiculous," the Wall Street Journal
Cracks in the Ceiling The last shoe is about to drop in the telephone price wars. While rates for most calls have been falling, overseas wireless rates remain stubbornly high.read more...
Fitch Rates $982.2MM Citigroup Mortgage Loan Trust, 2006-WMC1 (FinanzNachrichten) ::? Fitch Rates $982.2MM Citigroup Mortgage Loan Trust, 2006-WMC1?:: Fitch has rated the Citigroup Mortgage Loan Trust Inc. asset-backed pass-through certificates, series 2006-WMC1, which closed on Jan. 31, 2006, as
Video: Mortgage Relief Outrage (Fox 6 News San Diego) A plan to stop the rising wave of foreclosures is coming under fire. Critics say the mortgage bail-out program rewards irresponsible borrowers. Eric Collins has the details. 12/7/07read more...
Sector Wrap: Mortgage Insurers (AP via Yahoo! Finance) Fears of accelerating deterioration in the mortgage market sent shares of mortgage insurers lower Tuesday. Lehman Brothers analyst Bruce Harting wrote in research notes MGIC Investment Corp., PMI Group
Kentucky’s mortgage industry is going to be changing after Kentucky Governor Steve Beshear signed House Bill 552 into law on Monday. The governor said the measure will protect consumers by holding mortgage brokers to a higher standard.
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