Liberty Self-Stor Announces Name and Business Plan Change
Lehman to cut 1,300 jobs, restrict mortgage lending (Miami Herald) Lehman Brothers Holdings (LEH) will cease wholesale mortgage lending in the United States because of the continued housing slump, a move that includes 1,300 job cuts and a $40 million
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Bankrate: Mortgage Rates in a Holiday Holding Pattern (FinanzNachrichten) NEW YORK, Dec. 22 /PRNewswire/ -- Mortgage rates were largely unchanged this week, as financial markets showed little movement ahead of the Christmas holiday.read more...
Greenspan Delivers Housing Bust Even before the Federal Reserve announced its tenth recent increase in interest rates Tuesday, key financial players already knew that the housing bust had arrived.read more...
Analysts foresee more mortgage deals ahead for BofA (BizJournals) Ostensibly, Bank of America Corp.'s $2 billion equity investment in beleaguered mortgage giant Countrywide Financial Corp. is a move to help allay investor fears about the shaky home-mortgage business.read more...
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