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BofA ?Comfortable? Bank Can Absorb Home-Equity Losses (Update1) (Bloomberg)
March 11 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan said the lender, the biggest in the U.S., can absorb losses on its $149 billion home-equity loan portfolio even aft...
Bond Spreads at Narrowest This Year Lure GMAC: Credit Markets (Bloomberg)
March 11 (Bloomberg) -- Corporate bond yields fell to the lowest this year relative to benchmark government securities, luring GMAC Inc. to sell its longest-maturity notes since 2004.
Mortgage debts may linger, even after foreclosure (Minnesota Public Radio)
Local experts say foreclosures have displaced nearly 90,000 Minnesotans from their homes to learn that mortgage debt can linger even after the home is lost.
Reserve Bank Agrees There is a Housing Shortage in Australia (The Daily Recko...
RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints on home building are restricting the supply of homes in Australia. The shortage is one factor keeping prices up...
Robert Peston (BBC News)
New support for banks after the election?
You Can Buy a Car With Bad Credit! (Black Voices)
Filed under: General News Creditors are camping out on your doorstep. You break out in a cold sweat every time the phone rings. Macy's, Visa, Shell are all vying for your first born! Why? "Ya got bad ...
Black Homeownership Problems: Many Upside Down Mortgages, Money Tight (Black ...
Filed under: Personal Finance , Dr. Boyce Money , Savings Black American wealth has dropped dramatically during the latest recession. The recent meeting between Rev. Al Sharpton, Marc Morial, Ben Jeal...
Barry D. Wood: Still No Recovery in Housing (The Huffington Post)
Housing economist Bert Ely told the conference of business economists meeting in Arlington, Virginia Monday (March 8) that the housing market still hasn't bottomed.
FP Newspapers Income Fund Reports Fourth Quarter 2009 Results (Marketwire)
WINNIPEG, MANITOBA--(Marketwire - March 10, 2010) - FP Newspapers Income Fund ("the Fund") (TSX:FP.UN) announces financial results for the quarter ended December 31, 2009. FP Newspapers Income Fund ow...
FP Newspapers Income Fund Reports Fourth Quarter 2009 Results (CCNMatthews vi...
WINNIPEG, MANITOBA-- - FP Newspapers Income Fund announces financial results for the quarter ended December 31, 2009. FP Newspapers Income Fund owns securities entitling it to 49 percent of the distri...