late payment: roller coaster mortgage >? news about mortgage's - 03/16/07 05:31 PM
In local news today, Merrill Lynch is purchasing First Republic Bank for $55 per share. First Republic shares are up 41% this morning. Mandalay Mortgage, a top-30-ranked subprime wholesale originator, announced that is closing its doors tomorrow and will stop funding loans. I guess that this leaves more room for the remaining lenders … (0 comments)
late payment: grim news of foreclosure in the late night news - 03/14/07 09:58 PM
NBC News reported the grim news last night that foreclosures are now 4 times higher than they were in the year 2000, the rate of failures are growing daily and that there's no end in sight. The stock market crashed on worries about all the "bad" news. It's fascinating … (0 comments)
Even buiders are foreclosing to save some money ! Oh my God, what the heck.. This is a complete
highway robberry, this folks are making billions & billions of dollar a yeat. I guess they won't mind
doing it, … (1 comments)
late payment: A big merge could save the ailling sub prime market - 03/05/07 12:35 AM
Subprime companies that specialize in B & C paper loans have suffered as housing prices stopped rising and interest rates climbed from record lows. A credit crunch in the market for low-end mortgages has left companies specializing in these subprime loans at the mercy of big banks like Merrill Lynch & Co. Goldman … (0 comments)
late payment: California foreclosure looming ! ! ! ! ! Where are the investors . . . . smart investords - 02/24/07 02:44 PM
With California foreclosure looming out of hand, real investors has been stopped investing in market. For the time being, but "smart investors" are still making their money. There is an saying "old` horse don't die, but the retire for time being", california has stopped appreciating with the the way it has … (0 comments)
;)
Links;)
Archives
In local news today, Merrill Lynch is purchasing First Republic Bank for $55 per share. First Republic shares are up 41% this morning.
