Thornburg Mortgage Posts $3.31 Billion Loss (NYTimes.com via Yahoo! Finance) Before paying preferred dividends, Thornburg Mortgage lost $3.31 billion, or $20.64 a share, in contrast to a profit of $75 million, or 62 cents a share, a year earlier.read
Permanent tsb launches new mortgage deal Permanent tsb bank has launched a new mortgage package in which no payments are made for the first four months of the loan.via
Figures reveal house price slump House prices have been falling for the past 12 months and the market is showing no signs of recovering, figures have revealed.via
Stocks open steady on neutral US lead THE share market opened steady this morning as a neutral Wall Street and higher base metal prices offered no strong negative lead. via The Courier Mail read more...
E*Trade sale may hinge on mortgage portfolio: report (Reuters via Yahoo! News) Prospective buyers of online brokerage E*Trade Financial Corp are haggling over the value of its weakening mortgage portfolio, the Wall Street Journal reported Monday in its online edition, citing
Factory Orders in U.S. Rise 2.5 Percent in Second Straight Monthly Gain Jan. 4 -- U.S. factory orders increased in November, aided by surging aircraft bookings that offset the biggest decline in business equipment demand since July.read more...
“Buying or selling a home is one of the most significant financial transactions in the lives of most Americans. The kinds of rules CMLS imposes stifle competition to the advantage of its members and the disadvantage of home buyers and sellers”
The Department of Justice’s Antitrust Division today filed a lawsuit against the Consolidated Multiple Listing Service of Columbia, S.C., challenging its rules that unreasonably restrict competition among real … via United States Department of Justice
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