Redlining and predatory lending deny Blacks financial freedom
In the 1852, when Wells Fargo was founded, the chance the bank would loan money to Blacks was slim to none.
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Paulson: agreement near on effort to freeze mortgage rates (Siskiyou Daily News) AP Economics Writer WASHINGTON - Treasury Secretary Henry Paulson said Monday he is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temporarily
Bush will explain bailout plan to world leaders Trying to rally support, President Bush plans to explain his administration's economic bailout proposal to world leaders while Democrats in Congress push their own version of the massive rescue plan.read
I-Team: Defect Lawsuits Impede Sales of Property The ongoing corruption probe shows that if you're buying or selling a home or condo, you could be in serious trouble.read more...
Treasuries mixed, yield curve remains flat The two-year/10-year yield spread continued to move in and out of inversion, with the moves exacerbated by light participation around the holidays.read more...
Mortgage industry facing more troubles (The Bellingham Herald) The exterior view of a Countrywide banking and loan office in San Mateo, Calif. is seen Friday, Oct. 26, 2007. Countrywide Financial Corp. lost $1.2 billion in the third quarter,
Fund placed bad bets on mortgage companies (International Herald Tribune) Arnold Schneider's small-company mutual fund went from best to worst after three of his mortgage company holdings slumped 77 percent this year.read more...