Head Of Sub-Prime Mortgage Unit Goes Bankrupt (CBS 2 Los Angeles) People's Choice Financial Corporation, which operates a sub-prime mortgage unit, filed for Chapter Eleven bankruptcy protection today in Santa Ana.read more...
Widow, 94, stung by `reverse mortgage' (San Jose Mercury News) If you want to understand just how toxic a home mortgage can get, consider this real-life, ongoing saga: Katherine Stephens is a 94-year-old widow, now living in a nursing home
The Rich Were Different "Josef Hoffmann: Interiors, 1902-1913" Josef Hoffmann's 1913 dining room for Swiss painter Ferdinand Hodler, at the Neue Galerie. via New York Magazine read more...
Whose H Street Is It, Anyway? Bernard Gibson had a simple wish: to open a Cluck-U Chicken in the H Street neighborhood where his grandparents have lived for decades. Bound and determined, he held two
Treasury Bonds End Higher U.S. Treasury bond prices rose Monday, albeit in a relatively calmer trading day, as credit concerns continued to linger.At 5 p.m. EDT, the 10-year Treasury note was up $3.75
Bank of Montreal Stops Using Mortgage Brokers (Update2) (Bloomberg.com) March 21 (Bloomberg) -- Bank of Montreal, Canada's fourth largest lender by assets, has stopped using outside mortgage brokers and will instead expand its own sales force, said Frank Techar,
A much-touted soft-second mortgage program designed to help low-income New Orleanians purchase freshly restored homes is not as “soft” as first described. And despite the July 31 announcement of its launch, it actually isn’t yet ready to offer loans.
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