GM Selling Control Of Mortgage Unit (CBS News) General Motors is making news for the second time in two days. The giant automaker says it's selling a majority interest in its commercial mortgage division to a private investment
ADV: Discreet Adult Personals at HotMatchup Intimate, anonymous and millions of sexy singles. Register and browse 1000s of ads today then find a new lover tonight at HotMatchup.com!read more...
Mortgage rates don't fall as much as Treasuries (Bankrate.com) Wall Street perception shaped Main Street reality this week, as the yields on U.S. Treasury notes plunged while fixed mortgage rates merely dipped.read more...
Stocks in U.S. Rally After Economic Growth Report; Wal-Mart Shares Advance U.S. stocks rallied after a government report suggested the Federal Reserve may stop raising interest rates, sending the Standard & Poor's 500 Index toward its biggest weekly advance since 2004.read
Mortgage assets 'are likely target' (Financial Times) Central banks and governments in advanced economies will be forced to buy mortgage-backed securities within the next few months to stop the credit crisis, according to a former chief economist
CALENDAR Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public. read more...
“We are equally determined to meet near-term challenges and to take advantage of longer-term opportunities”
Germany’s biggest bank, Deutsche Bank, posted its first quarterly loss in five years on Tuesday as it wrote down 2.7 billion euros in the value of assets as a result of the global financial crisis. via The Age
read more…
This entry was posted
on Monday, April 28th, 2008 at 12:17 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply