Mortgage Industry Headlines
Why Citigroup Got Detroit’s Money:
Don’t you find it a bit strange that Citigroup didn’t have to beg congress and face two days of grilling for a $25 billion bailout loan, unlike the CEO’s of the Big Three? I would assume that even though a collapse of one of the Big Three could have a major [...]
Monday Mortgage Update 12-1-08
What a fantastic week! Not only because it was a short work week, but because Wall Street saw it’s first five-straight positive closing sessions for the first time since July of 2007. The rally-party was mostly sparked by government action to inject $800 billion into the credit markets. The financial sector played a huge part [...]
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