Mortgage Insurer Triad Drains $80 Million Credit Line (Forbes) Firm is the second mortgage insurer this month to draw on a credit facility to provide liquidity in a strained market.read more...
On the Heels of Fed Chairman Bernanke's Comments on Rising Interest Rates, SMR Financial Introduces 'Mortgage Recession (PR Newswire via Yahoo! Finance) As interest rates continue to climb in light of the Federal Reserve's 16th consecutive rate hike, the mortgage industry is headed for a "Mortgage Recession" unlike anything seen in
Mixed Results for Lubbock Economy According to economic numbers released by the Lubbock Economic Development Alliance and Lubbock National Bank , economic trends were most good for Lubbock.read more...
Spitzer Investigating Alleged Discrimination In Bank Lending Practices The state's top prosecutor is investigating the lending practices of some the nation's biggest banks.via
Bear Stearns Reports 4Q Profit Rise Bear Stearns Cos., the fifth-largest U.S. investment house, on Thursday reported fourth-quarter profit surged 38 percent to a company record for any quarter as an unprecedented period of takeover activity
Cervus makes transition to Macquarie Financial brand The Macquarie Group today announced that Cervus Financial Corp., one of Canada's most dynamic mortgage lenders, has changed its name to Macquarie Financial Ltd.Commentread more...
A group of Ashland School Board members assigned to study recommendations from a Marengo Valley task force have asked school district administrators for a “very rough” cost estimate for an expansion at Marengo …
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