Mortgages MAX

Posted To: Pipeline Press
According to a recent report, due to the recession, Americans are eating cheap, unhealthy, fatty foods. Apparently, the recession started in 1957. (I write this as I munch on my Doritos…) Speaking of food and recessions, Tavern on the Green is going out of business – once America's highest-grossing restaurant. Their last meal in Central Park will be served New Year's Eve, compared to only three years ago when it was plating more than 700,000 meals annually, bringing in more than $38 million. There's no recession for Lenders One . They reported that for 2009, through November, they had officially delivered $20 billion to "Preferred Investors". Impressive. Wells Fargo reports that it has seen an increase in "purchase transactions where the sales price was re-negotiated…(read more)
Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Brought to you [...]

Original post by Rob Chrisman

Posted To: MND NewsWire
Six days of equity gains came to a halt yesterday but the losses were trivial as the Dow slipped 0.02% and the S&P 500 fell 0.14%. This morning, however, equity markets are seeing real losses as traders lock in profits and prepare for the New Year. One hour before the bell, the Dow looks to open 46 points lower at 10,4and futures on the S&P are 5 points off to 1,116. Commodities are also weaker with WTI Crude oil falling 17 cents to $78.70 per barrel and Gold trading $6.01 lower to $1,090.82. Reporters from Business Week point out that oil prices are 77% higher now compared to the start of the year, marking the fastest annual climb in ten years. In addition, oil prices have tripled over the past decade. Data coming out today is unlikely to have a major impact. Only one release is scheduled…(read [...]

Original post by Patrick McGee