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Daily Archives: February 2, 2012

Facebook Files for Initial Public Stock Offering

(MCT)—Facebook has filed papers for what’s expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history. Ending months of breathless speculation, the 8-year-old social networking company has … Continue reading

Mixed Mortgage Messages: Originations Decline but Quality Soars

Mortgage originations plunged 10.1 percent from November to December, continuing a decline from 2011’s September peak. At the same time, loans originated over the last two years have proved to be some of the best quality originations on record. New … Continue reading