Mortgage crisis takes a bite out of states and cities (Los Angeles Times) Tax revenue is down considerably across the nation, creating budget shortfalls and forcing hard choices on what to cut. Dozens of states, counties and cities across the
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The Walters Group is poised for growth At a time when some builders in the housing industry are retreating, The Walters Group is poised for growth.Commentread more...
Mortgage funds frozen (The Australian) THREE more mortgage funds scrambled to freeze redemptions yesterday as unitholders rushed to the exits.read more...
Federal Agricultural Mortgage, Oceanaut and RTI International Metals among 52-week lows (SmallCapInvestor.com via Yahoo! Finance) Federal Agricultural Mortgage Corp. , Oceanaut Inc. and RTI International Metals, Inc. are among the new 52-week lows in Monday's trading among companies with...read more...
Citigroup Exits Wholesale Mortgage Business (TheStreet.com) Citigroup will reduce the number of outside mortgage brokers it does business with around the U.S. to 1,000 from about 9,500, according to reports.read more...
A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.
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