Merrill 3Q loss widens on mortgage-related charges (AP via Yahoo! Finance) Investment bank Merrill Lynch & Co. said Thursday its third-quarter loss widened as it took more than $12 billion in charges and write-downs tied to the sale of mortgage
Bits of Bad News Obscure A Big Truth About Wealth With the daily bad news about the state of the housing market, it's easy to lose sight of some larger economic realities: Despite declining prices in many markets, homeowners
Popular 2/28 mortgages are no more Lenders have abruptly stopped offering the most popular type of subprime mortgage. Borrowers suddenly find themselves with fewer options.read more...
Man gets more than 14 years for fraudulent home-building scheme (Reg Req'd) A St. Louis area home builder was sentenced Friday to more than 14 years in prison and ordered to pay restitution of more than $1.1 million for defrauding victims in
Homefield quits mortgage business (New Hampshire Union Leader) Homefield Financial Inc., a California-based mortgage banker specializing in non-traditional loans, has closed its wholesale mortgage business, the company said.read more...
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MILFORD - No one can accuse Helene Dworski of procrastinating. A week after her intricate hand-beaded birdhouse fetched $600 at a recent Westport charity auction, Dworski has planned next year’s masterpiece.
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