Cerberus, H&R Block End Mortgage Deal (San Francisco Chronicle) Cerberus Capital Management LP and H&R Block Inc. said Tuesday they terminated their agreement for Cerberus to purchase H&R Block's mortgage subsidiary, which has now stopped accepting new mortgage applications.
Extra effort helps sell a house Your home has been up for sale for longer than you'd like. You and your agent are sure the price is right for the market. via The Morning Call
ARM borrowers playing interest roulette U.S. homeowners who opted for adjustable-rate mortgages face a tough choice: Play interest rate roulette or refinance for a higher-rate fixed mortgage.Commentread more...
Houston mortgage monitor (Houston Chronicle) The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent
Homeowners face 2 bln pound mortgage lock-in (Tiscali) In January, the Financial Services Authority (FSA) gave lenders until the end of February to justify their high mortgage exit fees, also called "discharge", "vacating" or "sealing" fees.read more...
Wall St rises late on talk of bond insurer bailout "The Ambac news turned the entire stock and index futures markets around. The rally almost fed on itself as traders looked to get long wherever they could" U.S. stocks
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