Calpine to Sell Domestic Oil, Gas Business
Calpine Corp., a leading independent power producer and marketer, on Wednesday said it plans to sell all of its domestic oil and gas exploration and production assets for $1.05 billion.
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Credit unions hit by mortgage-market problems: report (Reuters via Yahoo! News) Five of North America's largest credit unions are reporting big paper losses on mortgage-related securities, a sign that housing-market distress is spreading even to the most risk-averse financial sectors,
Salvation Army captains California-bound The captains of the Salvation Army Missoula Corps have received new marching orders and are headed for California.via
Forget biweekly, just pay extra principal You don't need to pay extra for a special program, says Dr. Don.read more...
GMAC to cut 5,000 jobs at ResCap mortgage unit (Reuters via Yahoo! Singapore News) NEW YORK (Reuters) - GMAC LLC said on Wednesday it plans to cut 5,000 jobs at its Residential Capital LLC mortgage unit, or 60 percent of that work force, and
Report: Housing Prices Outpacing Salaries Housing prices are far outstripping salary increases for low- and moderate-income jobs, putting the American dream of owning a home beyond the reach of teachers, firefighters and other community workers
ASK THE MORTGAGE EXPERT: All about appraisals (WBIR-TV Knoxville) The appraisal is such an important factor to the mortgage transaction; make sure you're satisfied with the results.read more...