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Carrington Mortgage Services Receives Ginnie Mae ApprovalTuesday, July 19, 2011 @ 8:08AMSANTA ANA, Calif.--(BUSINESS WIRE)--Carrington Mortgage Services has received Ginnie Mae (GNMA) approval, allowing growing specialty finance firm to issue securities backed by FHA loans and increase market presence.

Wells Fargo Reports Record Quarterly Net Income of $3.9 BillionTuesday, July 19, 2011 @ 7:00AMWells Fargo & Company :

Business BriefsTuesday, July 19, 2011 @ 6:41AMHawaii home loan fees 10th highest in U.S. • Cisco to lay off 6,500 employees in August • IBM raises guidance after strong earnings • U.S. hiring to rise, growth slow, poll shows • And more

Comerica Reports Second Quarter 2011 Net Income of $96 MillionTuesday, July 19, 2011 @ 5:45AMComerica Incorporated today reported second quarter 2011 net income of $96 million, a decrease of $7 million compared to $103 million for the first quarter 2011, primarily due to the impact of a federal income tax settlement.

Romney fund-raiser lobbied for foreclosure firmTuesday, July 19, 2011 @ 2:30AMMitt Romney has spent time on the campaign trail railing against high foreclosure rates, traveling earlier this year to one of the country’s foreclosure capitals, North Las Vegas, to bring the point home.

Financing increasingly availableFriday, July 15, 2011 @ 8:46PMTo consumers, it may seem that getting a loan these days is a difficult process, but banks say that they've got money available - be it for a new car, a house or a small business.

$27M in Financing Fixes Former Adjustable LoansFriday, July 15, 2011 @ 5:52AMThe deal was put into place by the Small Loan Group of Centerline that specializes in providing Fannie Mae small loan financing on stabilized multi-family and mobile home communities nationwide.

Gary Shilling's Seven Faces Of DeflationFriday, July 15, 2011 @ 5:00AMThe two-year upswing in commodity prices led many to fear a return to significant inflation that would engulf the overall economy. Most commodity prices, however, peaked earlier this year--copper and sugar prices topped out in February, cotton followed suit in March. Silver prices started their collapse in early May, as did crude oil.

Annaly Capital Management Releases Market Commentary for the Second Quarter 2011Thursday, July 14, 2011 @ 12:40PMAnnaly Capital Management, Inc. (NYSE: NLY) released its second quarter 2011 market commentary providing a review of the economy and the residential ...