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Mortgage Lender IndyMac Slashes Work Force (CBS News) Mortgage lender IndyMac Bancorp Inc. said it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather
How to benefit from HRA part of your salary Buying a house is probably one of the single biggest investments one makes in a lifetime.Commentread more...
Another wave of bad news pounds the U.S. mortgage market (International Herald Tribune) The news derailed a rally on Wall Street and prompted new fears that mortgage-backed instruments valued in the billions of dollars only weeks ago may now be nearly worthless.read more...
U.S. Homeowners Grappling With Debt U.S. Homeowners Grappling With Debt Published: 1/2/2007 8:30:01 AM U.S. homeowners grappling with debt will be central figures of the 2007 U.S. economy, many economists say.Commentread more...
Housing weighs down economy "The consensus of the local builders is they are looking to the second half of 2008 before things start turning around" The East Bay's housing ailments are nowhere near
Consumers Rack Up More Credit Card Debt In Oct. Consumer borrowing rose in October at a slightly faster rate than the previous month as shoppers continued to depend on their credit cards to finance purchases. The Federal Reserve