Mortgage Application Volume Skyrockets (AP via Yahoo! Finance) Mortgage application volume skyrocketed for the second consecutive week, rising 28.4 percent during the week ending Jan. 11, according to the Mortgage Bankers Association's weekly application survey.read more...
MACON - Security Bank Corporation Reaches Agreement To Acquire Neighbors Bancshares, Inc. Security Bank Corporation announced today it has signed a definitive agreement to acquire Neighbors Bancshares Inc., the parent of Neighbors Bank.read more...
National City profit falls 80%, due to mortgage-banking losses (Market Watch) NEW YORK (MarketWatch) -- Cleveland-based banking firm National City Corp. said Wednesday its third-quarter profit fell 80%, largely due to a big loss at its mortgage banking business.
Mozilo Exits Under a Cloud Angelo Mozilo, slated to step down as Countrywide's chief executive on Tuesday, is departing with a devalued reputation partly because he stayed too long and at times ran the publicly
Call the Pandas: Bamboo Engulfs Defenseless Yards Bamboo is environmentally friendly, grows fast and forms a nifty screen that walls off the neighbors. It's also eating suburban America.
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Illinois home sales slip in June Even as Illinois home sales fell slightly in June from a blistering pace a year ago, the state is still on track to set another record year in 2005, according
June 16 (Bloomberg)—Lehman Brothers Holdings Inc. , the fourth-largest U.S. securities firm, unloaded real-estate assets in the second quarter, shrinking its mortgage holdings 20 percent to curb further losses from the credit-market collapse.
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