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Home sellers suffer amid wave of foreclosures (CNN Money)
Selling a home in this market is hard enough. Competing in a neighborhood flooded with foreclosed homes that are heavily discounted is nearly impossible.
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U.S. Stocks Rise, Led by Banks, Retailers; Amazon.com Jumps (Bloomberg)
Dec. 3 (Bloomberg) -- U.S. stocks rose for a second day as a jump in online spending and a record increase in mortgage applications lifted retailers and banks, overshadowing concern the worsening recession will reduce demand for commodities.
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U.S. Stocks Rise, Led by Banks, Stores; Commodity Shares Slump (Bloomberg)
Dec. 3 (Bloomberg) -- U.S. stocks gained as a jump in online spending and a record increase in mortgage applications triggered gains in retailers and banks, overshadowing concern the worsening recession will reduce demand for commodities.
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U.S. Stocks Climb, Erasing Earlier Drop, as Stores, Banks Rise (Bloomberg)
Dec. 3 (Bloomberg) -- U.S. stocks gained for a second day as retailers rallied on a report showing a jump in online spending, while banks and builders climbed after government cash infusions bolstered the mortgage market.
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Turn-Key Mortgage Modification Solution Announced by National Law Firm McGlinchey Stafford PLLC (Business Wire via Yahoo! Finance)
NEW ORLEANS & DALLAS----Today the national law firm McGlinchey Stafford PLLC announced a solution to make mortgage loan modifications efficient and seamless for any financial institution facing the prospect of large-scale processing demands.
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European, Asia Stocks Fall on Economy; U.S. Index Futures Drop (Bloomberg)
Dec. 1 (Bloomberg) -- Stocks in Europe and Asia fell, paring the MSCI World Index’s biggest weekly gain, as the lowest U.K. home prices in three years and a record contraction in Chinese manufacturing signaled the global economic slump is worsening. U.S. index futures also declined.
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Residential Finance Corp. Employees Participate in Thanksgiving Food Drive for Mid-Ohio Foodbank (Business Wire via Yahoo! Finance)
COLUMBUS, Ohio----Employees at one Columbus company have made an all-out effort to support Mid-Ohio Foodbank’s efforts to help the needy this season. With nearly 100-percent participation, employees at Residential Finance Corporation , a nationwide mortgage lender specializing in refinance have raised and contributed $3,146 in cash and approximately 200 turkeys and traditional Thanksgiving food ...
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European, Asia Stocks Fall on Economy, U.S. Index Futures Drop (Bloomberg)
Dec. 1 (Bloomberg) -- Stocks in Europe and Asia fell, led by commodity producers and banks, as reports signaled the economic slump is deepening. U.S. index futures declined.
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European, U.S. Stock-Index Futures Fall; BHP Billiton May Drop (Bloomberg)
Dec. 1 (Bloomberg) -- European stock-index futures fell, following declines in Asia, as lower oil prices hurt profit outlooks for energy companies and reports signaled the U.K.’s housing slump is deepening. U.S. index futures also retreated.
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European Stock-Index Futures Advance; U.S. Index Futures Drop (Bloomberg)
Dec. 1 (Bloomberg) -- European stock-index futures advanced as expectations of lower interest rates overshadowed a retreat by energy companies on lower oil prices. U.S. index futures declined.
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