Chicago Tribune - Considering all that’s going on, the market really acted pretty well,” said Todd Leone, managing director of equity trading realized that the ongoing slump in housing, and a rise in mortgage foreclosures due to resetting adjustable-rate loans, was Read More

New York Times - The gilded realm of private equity — in which moguls use private money to buy stockholder-owned companies — has turned Many are still struggling to sell the loans and bonds used to finance previous deals. According to a recent report by Read More

Baltimore Sun - A ruling yesterday from the state’s highest court over prepayment mortgage charges could make it more expensive for some to obtain home equity loans, the banking industry’s trade association warned. The Maryland Court of Appeals found that state Read More

Minneapolis Star Tribune - Paul, was one of several economists who noted that many of the borrowers who took on mortgages in recent years did so with loans where they had to put up nothing in equity. That means that if they walk away from a mortgage, their credit rating will Read More

Mesabi Daily News - Current agency loans: 106 for $56 million. • Equity investments: 2 for $1.2 million. • Loan repayment: $47.9 million (86 percent) current on payments. $6.4 million (11 percent) in foreclosure, which includes $5.7 million loan to the bankrupt Read More

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