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Mortgage provider builds new data centre to house 40 blade servers
Computerworld Australia - Wholesale residential mortgage provider, FirstMac, has built a new data centre for its financial transaction servers to FirstMac currently funds more than 30,000 home loans and maintains its own online transaction and information systems for
Source: www.computerworld.com.au

Credit Notebook: MBS Pebble
Wall Street Journal - Northern Rock’s MBS Pebble: British mortgage lender Northern Rock sought to ease concerns about its funding by saying that its exposure to U.S. mortgage-backed securities is “minimal,” at less one-quarter of a percent of its total assets. The company
Source: online.wsj.com

Dubai Property Firm Is Hurt By U.S. Mortgage Worries
Wall Street Journal - DUBAI, United Arab Emirates — Shares in Dubai’s Emaar Properties PJSC tumbled to a 28-month low yesterday as foreign investors seeking safer assets sold the stock, fearing mortgage defaults would hurt its operations in the U.S. Emaar dropped 1.9% to
Source: online.wsj.com

Bankrate: A Keeper of Interest Rates
BusinessWeek - About 40% come from mortgage clicks. The firm, like many other web companies, is benefiting from an overall migration of ad revenue from print to online. A.G. Edwards AGE analyst Denise Garcia recently praised the company for the shift in its revenues
Source: www.businessweek.com

My part in the apocalypse
Times Online - The letter was the first monthly repayment slip for the mortgage I had just taken out to buy a house, and it offered me three Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times. Copyright
Source: www.timesonline.co.uk

Luminent Sells Stake To Arco
Wall Street Journal - NEW YORK — Luminent Mortgage Capital Inc., the latest mortgage-investment company to get caught in the debt crisis, said Monday that Arco Capital Corp. has agreed to buy $65 million of its mortgage-backed securities. San Francisco-based Luminent
Source: online.wsj.com

Tags: mortgage rate, mortgage brokers, mortgage news, mortgage rates

This entry was posted on Monday, August 20th, 2007 at 11:30 pm and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.