Mortgage applications fall to 6-1/2-year low; rates drop (USA Today) Mortgage applications fell for a second week, hitting their lowest level in nearly 6-1/2 years despite a sharp drop in interest rates, an industry group said Wednesday.read more...
Judge Nixes Claims in Fannie Mae Suit "That is an argument better made to Congress!" A group of shareholders who opted out of a class-action lawsuit against Fannie Mae saw many of their own claims against
Make Your Noisy Home Hush Noise complaints have been around as long as we've had neighbors.
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Bill lets N.J. consumers limit data sales to 3rd parties TRENTON -- Nothing may seem private anymore, but New Jersey consumers might be able to get more control over how businesses share their information.Commentread more...
Mortgage lending may halve, warns CML (ShareCast via Yahoo! UK & Ireland Finance) The Bank of England must double its efforts to deal with the credit crisis, warned the Council of Mortgage Lenders (CML) today, with mortgage lending in danger of halving this
Bear Stearns to merge two mortgage units, cut 310 jobs (AFP via Yahoo! News) US investment bank Bear Stearns said Wednesday it was merging two mortgage subsidiaries and eliminating 310 jobs to better deal with market conditions related to the ailing housing sector.read
NEW YORK —We knew it could happen, even though they said it wouldn’t. The government is using our money again to haul private companies’ hindquarters out of the fire _ this time it’s troubled mortgage giants Fannie Mae and Freddie Mac.
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