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A Raft of Defendants, Thousands of Victims (New York Times)  Almost two years after the Metropolitan Mortgage and Securities Company collapsed, leaving nearly 10,000 investors with huge losses, the Securities and Exchange Commission and the Department of Justice filed criminal


Standard Life sees drop in mortgage and life sales (Insurance Business Review)  UK mutual Standard Life has published figures for the first nine months of 2005, showing strong overall trading but a drop-off in mortgage sales.read more...


Job lock-outs plus gentrification equals genocide  Khalid Muhammad and his magazine, First Impressions Photo: Ebony Colbert 'To understand what's going on in Hunters Point you have to do an exhaustive study on gentrification,' says Khalid Muhammad,


Interest rates are kept on hold  Borrowers have been spared a second rise in interest rates in as many months. There had been fears that the Bank of England might spring another shock at its monthly


Tips for gaining home seller trust (Reg Req'd)  Tips for gaining home seller trust Using memorized scripts for real estate sale So often, buyers and sellers interrupt the flow of even the best presentations with very difficult questions.read


Even Height of Luxury Proves a Tough Sell   The U.S. housing crisis arrived on July 14 at Stonebrook Court, the 26,000-square-foot Tudor-style home of California venture capitalist Kelly Porter. On that day, four months after putting the house

August 31st, 2005

Mortgage rates, applications dip in latest week (USA Today)

The average interest rate on fixed 30-year mortgages fell 0.05 of a percentage point in the latest week, to an average 5.73%, the Mortgage Bankers Association said Wednesday.

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August 31st, 2005

Compare Mortgage Refinance Rates (Boxing.net)

Get up to four free quotes and save thousands on your monthly loan payment. You don’t need perfect credit to refinance and save thousands. Refinance your mortgage. 4 free quotes instantly. Thousands of lenders. Thousands of loan programs. Fast. Easy. Secure.

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August 31st, 2005

GMAC Mortgage names new financial chief (SanLuisObispo.com)

HORSHAM, Pa. – The General Motor Corp.’s GMAC Mortgage unit Wednesday said it has named Dave Bricker chief financial officer and split the post of chief operating officer into two positions.

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August 31st, 2005

Refinance Your Mortgage (Bad Credit Ok) (Boxing.net)

Refinance your mortgage. 4 free quotes instantly. Thousands of lenders. Thousands of loan programs. Fast. Easy. Secure. Mortgage loans for homeowners with bad credit. Pay off bills with a home refinance loan from Countrywide Home Loans. Free consultation. No obligation. Fast call. Start now.

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August 31st, 2005

Gas: Can consumers bear more pain?

Another day, another record at the pump. CNN’s Allan Chernoff reports. Play video Video More video With gas prices climbing, CNN/Money’s Allen Wastler shows you how to stretch your dollars at the pump.

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August 31st, 2005

Debt Load Makes Americans Vulnerable

The Associated Press asked some experts to discuss what could burst the debt bubble in three areas that appear most vulnerable, and to offer a rebuttal from the perspective of people who believe that while the …

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August 31st, 2005

Personal Finance

WASHINGTON - Sales of previously owned homes dropped 2.6 percent in July as mortgage rates crept up.

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August 31st, 2005

Freddie Mac’s earns down nearly 60 percent

The earnings of mortgage giant Freddie Mac dropped nearly 60 percent in the first half of the year amid continued volatile interest rates as it emerged from its accounting crisis.

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August 31st, 2005

Our world is changing

Every year Canadians make financial errors that cost them hundreds of millions of dollars.

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August 31st, 2005

U.S. To Tap Petroleum Reserve

Aug. 31 – The Bush administration will loan oil from the country’s Strategic Petroleum Reserve to at least one U.S. refiner suffering shortages from Hurricane Katrina.

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