JPMorgan Shares Plunge on $1.5 Billion Mortgage Loss Since July (Bloomberg.com) Aug. 12 (Bloomberg) -- JPMorgan Chase & Co. had its biggest slump in six years after reporting a $1.5 billion loss on mortgage-backed assets in less than two months.read more...
US mortgage crises not yet over (TVNZ) Citigroup and Merrill Lynch are due to deliver their first-quarter results. They are likely to indicate the worst of the sub prime mortgage crisis may not yet be over.read more...
Realtor sent to federal prison for mortgage fraud scheme (Middletown Journal) The son of a well-known area Realtor was sentenced this morning to 41 months in federal prison for his role in a scheme to defraud a mortgage broker out of
HBOS returns to mortgage-backed bond market (Financial Times) HBOS , the UK?s largest mortgage lender, has sold £500m of mortgage-backed bonds in the first such deal for any mainstream European issuer since the credit crisis struck last summer.read
Best deal on home may roll off an assembly line With the cost of homeownership spiraling out of the reach of many working Americans, experts say manufactured homes, which cost up to 35 percent less per square foot to build,
Peterson Home Selling Over Asking Price Prospective buyers bidding on the modest "cottage-bungalow" where Scott Peterson probably killed his pregnant wife, Laci, are willing to pay more than the asking price, said the real estate agent
The downtown bachelor pad of Louis Curtiss, one of Kansas City’s most influential architects, needs a rescue.
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