Countrywide to cut up to 12,000 jobs amid mortgage trouble (USA Today) Struggling lender Countrywide Financial said Friday it will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry.read more...
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Shareholders Seek Recovery in Class Action Lawsuit Against Impac Mortgage Holdings, Inc. -- IMH (PrimeZone via Yahoo! Finance) Labaton Sucharow & Rudoff LLP has filed a class action lawsuit in the United States District Court for the Central District of California, on behalf of persons who purchased
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Obama Calls Financial Market Bailout Cost 'Staggering' Democratic presidential candidate Barack Obama on Sunday called the $700 billion price tag for a financial market bailout "staggering" and said the final product must protect U.S. taxpayers and include
March home sales are a record There's no stopping the housing market, not yet. The government says sales of new homes rose more than 12% in March to a new record.via
Now, it’s important here to understand that interest rates, the economy, real estate the stock market, etc., are all tied together, whether we like it or not.
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on Tuesday, August 16th, 2005 at 8:21 am and is filed under Mortgages.
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