FBR's merchant banking woes October did not provide fertile ground for equity investors in general, but the merchant banking investments of Friedman Billings Ramsey Group Inc.read more...
Bush administration opposes Democrats' housing rescue plan "The message that we risk sending to financial institutions and individuals is that when they willingly take on excessive and ill-advised risk, the government will ride to their rescue."
Schumer wants to lift mortgage debt caps (Newsday) Sen. Charles Schumer (D-N.Y.) said Thursday that he would introduce a bill to temporarily lift the investment limit on Fannie Mae's and Freddie Mac's mortgage debt portfolio to help inject
Find Maddie fund 'paid mortgage' (Adelaide Now) KATE and Gerry McCann have reportedly used the $2.2 million Find Madeleine fund - set up to help locate their missing daughter - to pay off their mortgage.read more...
Daily Chronicle Online Sharon Foster spent 12 years as a successful computer programmer and consultant when she decided she wanted something more.read more...
Mortgage industry reloads as subprime misery lingers (Reuters via Yahoo! News) NEW YORK (Reuters)- Angelo Mozilo, the butcher's son who built Countrywide Financial Corp. into the largest mortgage lender in the United States, was in no mood for soul-searching over
We purchased a home one year ago in Phoenix for $250,000 on an acre. One year later, we now have the opportunity to sell our home for $530,000 (our model is now selling for this amount), and purchase a one-half acre home for $325,000. I say sell, sell, sell and only have a $45,000 mortgage left.
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