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More Corporation in Nevada Information: Limited Liability Center

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Private equity group buying IndyMac assets (Reuters)

A logo on the IndyMac Bank corporate headquarters building is seen in Pasadena, California July 8, 2008. (Danny Moloshok/Reuters)Reuters - The assets of failed U.S. mortgage lender IndyMac are being bought by a group of private equity and hedge fund firms, including Dune Capital Management and J.C. Flowers & Co, which are putting up $1.3 billion in cash.


Mortgage crisis spurs tougher rules for brokers (AP)

Shirley Webster, president of the Greater Citizens Coalition of Martindale-Brightwood, tours the Brightwood neighborhood on the near north side of Indianapolis, Tuesday, Dec. 16, 2008.  The area has a problem with vacant homes, many of the homes have been stripped of their pipes and the home pose a danger to the students in a nearby elementary school.  (AP Photo/Michael Conroy)AP - Becoming a mortgage broker in Indiana used to be easy. Too easy.


Wall St closes out worst year since Depression (Reuters)

Trader Robert Vella makes an entry in his portable computer on an almost empty trading floor after the opening bell at the New York Stock Exchange in New York, December 31, 2008. (Ray Stubblebine/Reuters)Reuters - Wall Street closed out its worst year since the Great Depression on Wednesday after an unstoppable credit crisis and a dreadful economic outlook left investors questioning their faith in stock markets.


Mortgages: What You Need to Know in 2009 (BusinessWeek Online)
BusinessWeek Online - With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a great deal on a 30-year, fixed-rate, conforming loan these days if you have a solid FICO score, a manageable debt burden, and proof positive of a reliable income.

Estate Planning in a Down Market (BusinessWeek Online)
BusinessWeek Online - When times are tough, people tend to hold on to what they have that much more tightly. But for those who can get beyond that psychological response, there's a silver lining in today's combination of depressed asset values and low interest rates: Transferring assets to the next generation has rarely been less costly.

Fed to start buying mortgage-backed securities (AP)
AP - The Federal Reserve said Tuesday that it will begin purchasing up to $500 billion in mortgage-backed securities early next month in an effort to bolster the long-suffering housing market.

Mortgage rates fall to third straight record low (AP)

In this Sept. 8, 2008 file photo, Central Park is shown in this aerial photo of Manhattan in New York. The housing slump is finally hitting multimillion dollar Park Avenue penthouses in New York as the economic crisis comes home to roost in the nation's financial capital. But the overall market in the Big Apple is still afloat amid the chaos, according to two reports released Tuesday, Jan. 5, 2009. (AP Photo/Mark Lennihan, file)AP - Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring.


Jobless claims dive while mortgage rates ease again (Reuters)

A broken 'For Sale' sign is seen outside a home in the Queens borough of New York, November 21, 2008. (Shannon Stapleton/Reuters)Reuters - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market.


Standout 2008 fund managers staying defensive (AP)

Graphic shows the best- and worst-performing mutual funds of the year; 3 c x 4 5/8 in; 146 mm x 117.475 mmAP - Playing it safe paid off in 2008 for Tom Forester and David Ellison, two standout mutual fund managers in a year when winning meant losing less money than the competition.


Lawmakers set new mortgage bankruptcy bill (Reuters)
Reuters - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year.

FDIC says it will sell IndyMac (Reuters)

An IndyMac Bank branch is seen in Glendale, California July 17, 2008. (Phil McCarten/Reuters)Reuters - The Federal Deposit Insurance Corp, in a statement on its Website, says it signed a letter of intent to sell Indymac Federal bank operations to thrift holding company controlled by IMB Management Holdings LP.


Mortgage applications remain at 5-year highs (AP)

In this Sept. 8, 2008 file photo, Central Park is shown in this aerial photo of Manhattan in New York. The housing slump is finally hitting multimillion dollar Park Avenue penthouses in New York as the economic crisis comes home to roost in the nation's financial capital. But the overall market in the Big Apple is still afloat amid the chaos, according to two reports released Tuesday, Jan. 5, 2009. (AP Photo/Mark Lennihan, file)AP - Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans.


Corporation in Nevada Links: Georgia-Incorporation Firms