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News about Mortgages:
Source: Federal grand jury probing banks - MSNBCLOS ANGELES - A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday. Subpoenas seeking ...
'Bottom' proving elusive - Chicago TribuneWith prices predicted to keep falling through the coming year or even longer, one might question the wisdom -- even the sanity -- of buying a home now when even better bargains probably await. But people are buying. Armed with attractive mortgage ...
Jobless claims jump as housing market gets weaker - Miami HeraldWASHINGTON Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. The bleak reports underscored the self-reinforcing ...
Housing bill won't solve market's problems - Miami HeraldWASHINGTON Cash-strapped homebuyers and borrowers facing foreclosure will get some relief from a housing bill passed by the House on Wednesday but the bill won't solve the deep-rooted ills of the U.S. housing market. The bill was widely praised by ...
Edwards: The Agony of the MSM - SlateNibbling at the edges of the MSM: Imus laments that the Edwards L.C. story is "starting to become news." ... And there's always the late-night comics' rabbithhole into public consciousness . ... But the MSM wants photos Dallas Morning News' Rod ...
National City Reports Second Quarter 2008 Results - MSN MoneyCentralNational City Corporation NCC reported a net loss for the second quarter of 2008 of $1.8 billion , compared to a net loss of $171 million in the first quarter of 2008, and net income of $347 million in the second quarter a year ago. The net loss was ...
MainSource Financial Group, Inc. Names Archie M. Brown, Jr. President ... - Market WireGREENSBURG, IN--(Marketwire - July 24, 2008) - MainSource Financial Group, Inc. ( NASDAQ : MSFG ) (the "Company") today announced that Archie M. Brown, Jr. has agreed to serve as the Company's President and CEO, effective August 4, 2008. Mr. Brown ...
Prices rise, options decline - Chicago TribuneIt may be a buyer's market for homes, but that's not the case if you're looking for an apartment in an assisted-living building. Spots at these facilities are becoming harder to find and more expensive. A wave of construction in the 1990s left rooms ...
Toll Brothers Announces Completion of Employee Stock Option Exchange ... - MSN MoneyCentralHORSHAM, Pa., July 24, 2008 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced the completion of its employee stock option exchange program, which expired at 5:00 p ...
Why the Housing Bill Won't Help the Housing Market - Seekingalpha.comThe Housing Bill going through Congress will not solve the nation's housing problem. Congress would like to help homeowners who are overextended, as well as prospective home buyers. By extension, they want to help home-builders and developers and the ...
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