Wachovia exits wholesale mortgage lending business (Lexington Herald-Leader) Wachovia Corporation, the nation's fourth largest-bank, said Monday that it is leaving the wholesale mortgage lending business. Beginning July 25, the company will no longer offer mortgages
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Fed to hold Tues meeting on mortgage rule change (Reuters via Yahoo! News) The Federal Reserve Board said on Friday it has scheduled an open board meeting on December 18 to discuss proposed rule changes on mortgage lending to address unfair and
'Recession? What Recession?' Ask Rich New Yorkers read more...
Making Your Home Retirement Ready An excerpt from "The Wall Street Journal Guide to the Business of Life" on design features that can make your home more livable as you age.read more...
Home Buyers and Sellers Real Estate Glossary Every business has it's jargon and residential real estate is no exception. Mark Nash author of 1001 Tips for Buying and Selling a Home shares commonly used terms with home
May 12 (Bloomberg)—MBIA Inc. , the bond insurer that lost 87 percent of its market value in the past year, posted a net loss of $2.4 billion as the slump in mortgage securities deepened.
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