Popular selling US mortgage assets to Goldman (AP via Yahoo! Finance)
Puerto Rican bank Popular Inc. said Friday it will sell mortgages and servicing assets from its U.S. mortgage subsidiary Popular Financial Holdings to affiliates of Goldman Sachs Group Inc.(Fri, 29 Aug 2008 12:23:04 GMT)
Maine mortgage broker's murder conviction upheld (Boston Globe)
Maine's highest court has denied the appeal of a Portland mortgage broker who was convicted in the fatal shooting of friend after a night of heavy drinking and drug use.(Fri, 29 Aug 2008 13:03:16 GMT)
Bradford & Bingley reveals loss as mortgage arrears surge (Market Watch)
Troubled U.K. mortgage lender Bradford & Bingley says it swung to a loss in the first half of the year after further asset write-downs and a sharp rise in bad-debt losses. (Fri, 29 Aug 2008 11:09:52 GMT)
Discrimination Suit Against Subprime Mortgage Lender Remanded to State Court (Law.com via Yahoo! Finance)
Subprime mortgage lender Option One Mortgage Corp. and former parent company H&R Block will face a groundbreaking discrimination case over its lending practices to blacks and Latinos in Massachusetts state court instead of its preferred venue, federal court.(Fri, 29 Aug 2008 07:01:56 GMT)
Q: Can points from a refinanced mortgage be deducted on my taxes? (Louisville Courier-Journal)
A: If the points were paid solely to refinance the mortgage, they can be deducted as mortgage interest but must be spread out over the life of the loan.(Fri, 29 Aug 2008 15:17:25 GMT)
U.S. Mortgage Meltdown Slams Bank Of China (Forbes)
Bank of China was the most vulnerable of its peers, thanks to the U.S. subprime mortgage crisis.(Thu, 28 Aug 2008 21:14:38 GMT)
Popular Selling U.S. Mortgage Unit Assets To Goldman Sachs (Fox News)
Popular Selling U.S. Mortgage Unit Assets To Goldman Sachs (Fri, 29 Aug 2008 15:04:41 GMT)
5000 brokers to go in mortgage mayhem (The Australian)
FOUR years ago, amid a seemingly never-ending boom in home-lending, Wayne Ormond's mortgage broking colleagues dubbed him the Chicken Little of the industry when he warned that the banks "are turning on (us)".(Fri, 29 Aug 2008 14:00:00 GMT)
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