Personal Finance
Bondholders came out in droves for a piece of the debut multi-part private note offering from Residential Capital Corp., the new, separate home mortgage unit of General Motors Corp.’s finance unit, General …
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S. Florida mortgage firms scrambling amid subprime squeeze (Sun-Sentinel) South Florida has much at stake in the furor over the quality of the so-called subprime mortgage market that sent Wall Street into a tizzy last week and has lenders
GE to book 950 mln dlr loss on mortgage unit (AFP via Yahoo! News) General Electric expects to report a 950 million-dollar loss for the first nine months of 2007 at its subprime mortgage unit that it plans to close, a spokesman for
BofA picks insider to run mortgage business (The Charlotte Observer) Bank of America Corp. reversed its decision to put Countrywide Financial Corp.'s president in charge of mortgage operations after the two companies merge this summer. Instead, the Charlotte bank
Stocks plunge on fears of mortgage-bond losses (Providence Business News) TRADERS WORK on the floor of the New York Stock Exchange in New York City today, as U.S. stocks retreated after Bear Stearns Cos.' plan to bail out a money-losing
Choosing an Interest Only Mortgage Option (Hornell Evening Tribune) (ARA) - There are so many types of mortgage programs available to home buyers that it can get difficult to keep them all separate. One of the latest types of
ShopSmart Mag Offers Women a Good Deal A new shopping magazine for Women, ShopSmart, has recently arrived at the newsstands.read more...