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Miss., La. to use mortgage licensing system (KPLC Lake Charles)   Associated Press - June 27, 2008 5:24 AM ET JACKSON, Miss. (AP) - Mississippi and Louisiana are among the six states that will start using


Debt Consolidation  Consolidate. You must have at least $10 000 to qualify. Save up to 60%. Debt free in 12-36 months.read more...


Capital One to close mortgage unit (USA Today)  Capital One Financial said Monday it will close its wholesale mortgage unit due to woes in the secondary mortgage markets, resulting in $860 million in charges in 2007.read more...


St. Louis County couple charged with mortgage fraud (BizJournals)  Anna and Mark Bonds were indicted on multiple charges involving a mortgage scheme, U.S. Attorney Catherine Hanaway said Friday.read more...


New HOPE Center opened in D.C.'s Anacostia  NAFCU was present at the opening of a new HOPE Center in Anacostia, Washington, D.C., this week to provide the community's residents and small businesses a place to gather and


House prices 'to rise 3% in 2006'  Nationwide says it is 'cautiously optimistic' about prospects for 2006 Halifax, the UK's biggest mortgage lender, has predicted that the housing market will be flat in 2006.read more...

April 28th, 2008

Deutsche Bank posts first quarterly loss in five years

“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



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