Understanding Insurance, Spotting Predators
Mortgage trade for select few (The Telegraph) New Delhi, April 23 : The Securities and Exchange Board of India (Sebi) wants to arm itself with more powers to regulate the proposed trading in mortgaged-backed securities. The regulator
IndyMac Bank opens regional mortgage center in Florida (Los Angeles Business) IndyMac Bank, a mortgage origination company, has opened a new regional mortgage center in Tampa, Fla.read more...
Mortgage rates on the rise (CBC) Canadian banks announced slight increases in their short- and medium-term mortgage rates on Wednesday as interest rate pressures continue to build. The increases ranged from a 10th of a percentage
Toll Brothers Posts Profit Nearly Double Last Year's Despite reporting a 97 percent increase in yearly profit yesterday, Toll Brothers Inc., one of the nation's largest luxury home builders, reiterated earlier warnings of a cooling housing market
Bear Stearns to Cut 650 Jobs Following Subprime Mortgage Losses (Bloomberg.com) Nov. 28 (Bloomberg) -- Bear Stearns Cos., the biggest underwriter of U.S. mortgage bonds, will eliminate 650 jobs throughout the firm, bringing its fourth-quarter cuts to about 10 percent of
Ahead of the Bell: Mortgage Insurance (AP via Yahoo! Finance) As people miss payments on their mortgages more frequently, the insurers who write policies covering mortgage defaults will take a significant hit to earnings in 2007 but remain profitable,