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Bear Stearns Expects Write-Down Of $1.2 Billion in Fourth Quarter
Wall Street Journal - NEW YORK — Bear Stearns Cos. said Wednesday it expects to take a write-down of about $1.2 billion in the fourth quarter largely to reflect a drop in values of securities linked to mortgage loans and THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE
Source: online.wsj.com

U.S. mortgage applications rise
Globe and Mail - Mortgage Bankers Association says demand hit its highest level in nearly a year last week as interest rates hovered near In our continuing efforts to facilitate a dynamic online conversation we have created two distinct types of forums. The
Source: www.reportonbusiness.com

Experian Consumer Direct Teams With Discover Financial Services to
Forbes - IRVINE, Calif., Nov. 14 /PRNewswire-FirstCall/ — Experian Consumer Direct(SM), the leading provider of online direct-to objectively evaluate someone’s credit risk when he or she is applying for a credit card, car loan, personal loan or mortgage
Source: www.forbes.com

City pegs growth on Quicken
Detroit News - He turned a $5,000 investment in the mid-1980s into an online mortgage empire and bought the Cleveland Cavaliers for $375 million in early 2005. Other businesses: Quicken is the centerpiece of Gilbert’s business empire, which includes the Cleveland
Source: www.detnews.com

Crime rates tied to foreclosures
Courier-Post - Eighty-five bungalows dot the cul-de-sac that joins West Ontario and East Ontario avenues in Atlanta. Twenty-two are vacant, victims of mortgage fraud and foreclosure. Now house fires, prostitution, vandals and burglaries terrorize the residents left
Source: www.courierpostonline.com

Market movers
Chicago Tribune - The nation’s biggest securities firm by market value doesn’t plan to take any significant write-downs on mortgage-related The online brokerage, whose shares plunged 59 percent Monday, is “highly unlikely” to declare bankruptcy and would attract
Source: www.chicagotribune.com

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