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Deutsche Bank AG (DBK) , Germany ?s biggest bank, was sued by Loreley Financing over $440 million worth of collateralized debt obligations purchased from 2005 to 2007.
Thanks to a customer first mentality and a deep connection with Michigan, Gold Star Mortgage is pleased to announce it has been named the 2nd Largest Mortgage Lender in metro Detroit for 2010, according to Crain?s Detroit Business.

James Kelsoe: From Subprime Star to Washout

Posted by mortgage 335 days ago (Editorial)
Tracing the rise and fall of James Kelsoe, who rode the subprime boom to stardom and today accepted a lifetime ban from the securities business for hiding losses in his funds.
WASHINGTON - Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery. Sales of previously occupied homes rose by 2.4 percent from April to May ? the third monthly increase this year ? but the results missed analysts' expectations.

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