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- The Information Age democratized the stock trading floors by allowing everyday folks to trade stocks like the big boys, but with all that power came abuse. Now, with the tech boom a memory and the housing bubble bursting, have we learned our lesson ...
- Wondering where to find the nearest publicly available WiFi Internet access? Our global directory of more than 100,000 locations in 26 countries is a terrific tool for mobile computer users. I was a technology reporter for CNBC during the boom years ...
- Mortgages are still available, despite talk of a credit crunch. Qualified borrowers can find conforming and Federal Housing Administration-insured mortgages easily. Jumbo mortgages are more scarce, but available. Rates went up in the last week, which ...
- On Thursday, federal regulators seized Washington Mutual Inc. in the biggest bank failure in U.S. history. And Friday, shares of Wachovia Corp., one of the nation's biggest banks and mortgage lenders, dived 27% as many investors fled, fearing that it ...
- Mortgages are still available, despite talk of a credit crunch. Qualified borrowers can find conforming and Federal Housing Administration-insured mortgages easily. Jumbo mortgages are more scarce, but available. Rates went up in the past week, which ...
- Banks throughout the United States carried on with the business of making loans yesterday even as federal officials warned again that their industry is on the verge of collapse, suggesting that the overheated language on Capitol Hill may not reflect ...
- The Information Age democratized the stock trading floors by allowing everyday folks to trade stocks like the big boys, but with all that power came abuse. Now, with the tech boom a memory and the housing bubble bursting, have we learned our lesson ...
- In the name of restoring economic confidence, the Bush administration is demanding unlimited authority to implement a massive financial bailout. The Secretary of the Treasury would become an economic dictator, empowered to re-engineer the economy as ...
- WASHINGTON (MarketWatch) -- Sales of new homes fell to a 17-year low in August, government data showed, raising further concern about conditions in the housing industry. New-home sales fell 11.5% to a seasonally adjusted annual rate of 460,000 ...
- J.P. Morgan Chase will close four wholesale mortgage operations centers, including one in San Ramon, according to American Banker. The move will cut about 200 people, or about one-third of the workforce in that part of the bank’s operations, a ...
- LONDON, Sept 25 (Reuters) - Lending to companies in Europe, the Middle East and Africa continues to show a sharp slowdown with volume of $630 billion for the year to date, down 49 percent on the same period of 2007, according to Reuters Loan Pricing ...
- I will now turn to a brief update on the economic situation. Ongoing developments in financial markets are directly affecting the broader economy through several channels, most notably by restricting the availability of credit. Mortgage credit terms ...
- How much should the Treasury pay banks to take bad mortgages off their books? Eighty cents on the dollar? Fifty cents? Ten cents? Just asking the question exposes the real nightmare of the Bush administration's $700-billion financial-system bailout ...
- So the conference ends with the same news that led up to it: a resignation from the government. Although this time of course, it was a cabinet minister who insisted she was a mother who was resigning in order to spend more time with her children ...
- The Ofheo index tracks mortgage data from Fannie Mae and Freddie Mac of sales of the same homes over time. It does not include jumbo loans or subprime loans, so it may understate the declines in areas of the country where those loans are prevalent ...
- Thornburg starts purchasing its preferred stock Thornburg gains more time for tender offer Thornburg ticks down again Maintaining its LEED Thornburg Mortgage Inc. , still unable to resolve differences with the reverse repurchase agreement ...
- BOCA RATON, Fla., Sept. 23 -- LynxBanc Mortgage Corporation (http://www.lynxbanc.com) today announce the return of a competitively priced jumbo mortgage program designed to stimulate sales of Florida's higher priced homes. Well-qualified buyers are ...
- he U.S. economy might be moving from the acute stage of the credit contagion to a chronic one. Even with hundreds of billions of dollars from Washington to keep them solvent, banks facing the prospect of more loan losses may still curb new lending ...
- NEW YORK (Reuters) - Credit rating agencies, criticized for moving too slowly in cutting ratings on Wall Street firms and the complex instruments they devised, are now accused of acting too quickly. As the credit crisis enters a new phase, the ...
- NEW YORK(Reuters) - Credit rating agencies, criticized for moving too slowly in cutting ratings on Wall Street firms and the complex instruments they devised, are now accused of acting too quickly. As the credit crisis enters a new phase, the ...
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