IndyMac Posts Loss on Mortgage Troubles (New York Times)
In addition to posting a $184 million loss for the first quarter of 2008, the mortgage lender warned Monday it would not post a profitable quarter this year.
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Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
Shamil to provide Abraj home finance MANAMA: Bahrain-based Shamil Bank is to provide Islamic home financing for buyers in the BD95 million Abraj Al Lulu project.read more...
Banks ease mortgage lending standards (Detroit Free Press) U.S. banks, faced with rising mortgage competition as home sales advance, eased lending standards for the first time in 11 years, the Office of the Comptroller of the Currency announced.read
Your First Negotiation: the Agent's Commission Home sellers could save money by thinking of real estate commissions as an agent's asking price. It's something that's open to negotiation. read more...
Genesys Updates Voice, Workforce Management Software "The SIP server with an IP link can bring multiple offices into the contact center fold," said Steve Rutledge, Genesys vice president of marketing.read more...
Mortgage applications fall again (CNN Money) MBA's index of mortgage activity decreases 1.3 percent, down for the second consecutive week.read more...