Growth funds withstand market volatility, outpace value funds in 2007 "There were definitely bright spots out there and if you were a diversified investor you did take part in that success" Funds dedicated to growth companies had surprisingly solid
A Part of the Group In the evening, when they're home from work and need to unwind, Anita Randall, 59, and Lois Magee, 51, sit together in their kitchen to do a crossword puzzle.
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Paulson says bailout not for mortgage guarantees (AP via Yahoo! News) Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures.read more...
Uncalculated risks Insurance companies owed about $32 billion as a result of the 9/11 attacks. And as a result of that huge bill, they effectively stopped covering terrorism.read more...
Mortgage applications decline (CNN Money) MBA says activity dropped 3.4 percent as refinancings fell to their lowest level in 16 months.read more...
Mortgage Rates Drop for 1st Time in 5 Wks. Rates on 30-year mortgages declined this week for the first time in five weeks amid expectations that the Federal Reserve won't push interest rates much higher.read more...
The Bear Stearns Companies Inc. today announced the launch of Bear Stearns Residential Mortgage Corporation, which will provide mortgage brokers with an easy, streamlined solution for financing home mortgage loans.
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