KB Home to sell mortgage business to Countrywide (bizjournals.com via Yahoo! Finance)
KB Home, the largest homebuilder in Central Texas, is selling nearly all the assets of its mortgage business to Countrywide
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Your Money Matters: Dealing with Rising Mortgage Interest Rates (El Dorado Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Mortgage Bonds Tumble for Second Day After U.S. Scraps Buying (Bloomberg) Nov. 13 (Bloomberg) -- Mortgage bonds tumbled for a second day after Treasury Secretary Henry Paulson scrapped plans to buy devalued mortgage assets, credit-default-swap indexes suggest.read more...
Albany Chamber ready to burn mortgage (Albany Democrat-Herald) Albany Area Chamber of Commerce members will celebrate paying off a $100,000 mortgage four years ahead of schedule with a party from 4 to 6 p.m. Tuesday at the chamber
Investment banks/mortgage lenders (Financial Times) Getting the wrapping right can only get you so far. That, roughly, is the rationale for the continuing rush of investment banks to scoop up mortgage lenders.read more...
Program seeks to protect Chicago's beloved bungalows CHICAGO - In a city known for architectural icons like the Sears Tower and Frank Lloyd Wright, the humble bungalow gets a lot of love.via
News Delphi Corp.'s bankruptcy filing has left its workers with an uncertain future as the nation's largest auto supplier tries to regain its financial footing.read more...