Mortgage brokers fight to stay alive (Fort Wayne Journal Gazette) Mortgage brokers who haven?t fled or been forced out of the industry are in survival mode.read more...
Beware of Fuzzy Math If you ever found yourself dozing off in your high school math class, you may be at risk of getting hoodwinked by companies' and organizations' tantalizing but misleading numbers.read more...
Pass condos ready by year end Pass Christian is taking the condo fever in stride. While the city awaits the finish of the massive Island Breeze at the corner of West Beach and Henderson avenues, building
Most Flood Victims Lack Insurance As thousands of Massachusetts residents returned to flood-ravaged homes, many began to grapple with another big problem: nearly all of them lack flood insurance.read more...
Investors now shouldering the risks for home mortgages Thanks to the growing secondary market for home mortgages, much of the default risk has been transferred from banks, thrifts and other lenders to investors who buy loans or, more
Bank of England cuts rates for first time in over two years The Bank of England cut its key interest rate by a quarter of a percentage point to 4.50 percent, citing inflationary risks to the downside amid subdued economic growth.read more...
Whether working with a raw space or updating a roomA1s dA©cor, the 2007 Architectural Digest Home Design Show, will feature the latest products from leading names and up-and-comers in home furnishings.
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Home Depot, known for breakneck growth during much of its history, is shelving wide-eyed projections to focus instead on a major fix-up job within its retail business.
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STAMFORD - Donors gave Renee and Eric Brown more than $17,000 to pay for construction that would make their home accessible for their wheelchair-bound son, Eric Jr.
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Tax preparers like to call the Taxpayer Relief Act of 1997 , the “The Tax Preparers’ Full-Employment Act” because it came with a complicated new round of tax rules.
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In case anyone was feeling lulled into positive territory by yesterday’s report of gains in existing-home sales, today’s numbers on new-home sales will have knocked them out of their easy chairs.
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U.S. banking regulators plan to issue eagerly awaited guidance on the subprime mortgage market as early as Thursday afternoon, two sources familiar with the matter told Reuters on Wednesday.
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The U.S. and Chinese stock exchanges returned to a semblance of normalcy Wednesday, but concerns about both economies linger following the worst global sell-off of stocks in more than five years.
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(ARA) – With gas prices in a state of constant flux, and warnings that energy costs will be on the rise this winter, the last thing you want to happen is for your mortgage to start fluctuating too. But if you have an adjustable rate mortgage (ARM), it will soon happen.
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NEW YORK——Fitch rates Lehman Mortgage Trust $314.8 million mortgage pass-through certificates, series 2007-2, as follows: $291.3 million classes 1-A1, 1-A2, 2-A1 through 2-A13, and R ‘AAA’; $6.2 million class M ‘AA+’; $8.8 million classes B1 and BIO1 ‘AA’; $3.2 million classes B2 and BIO2 ‘A’; $2.4 million class B3 ‘BBB’; $631,000 class B4 ‘BBB-’; $1.1 million class B5 ‘BB’; $1.3 million class …
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PORTLAND, Ore.——Fog Cutter Capital Group Inc. announced that its wholly owned subsidiary, Fog Cap Commercial Lending Inc., has sold its mortgage brokerage unit, George Elkins Mortgage Banking Company.
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