IndyMac Bancorp's profit cut 57% on housing, mortgage pain (Market Watch) BOSTON (MarketWatch) -- Savings and loan IndyMac Bancorp Inc. said Tuesday its second-quarter profit slipped 57% from the year-earlier period and that it wouldn't be providing an outlook due an
Wall Street advances as anxiety persists Stocks managed a moderate advance Thursday, staying afloat as signs of strength in corporate takeover activity, jobs and overseas markets allowed investors to stomach a sharp rise in wholesale inflation.Commentread
Howard's 'battlers' turn to Rudd "The electorate across the board is bored and sceptical with what they are hearing from Mr Howard and Mr Costello, and have few concerns about turning to Labor as soon
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Sector Glance: Mortgage Lenders (AP via Yahoo! Finance) Shares of most mortgage lenders sank Tuesday after a major lender said it is out of cash. American Home Mortgage Investment Corp. said during trading hours Tuesday its financial
Shot in the arm for mortgage industry? (The Charlotte Observer) Bank of America Corp.'s $4.1 billion rescue of Countrywide Financial Corp. could help stem economic turmoil by giving global investors more confidence in the battered U.S. mortgage industry. It also
Spending on remodeling by homeowners is likely to increase by at least 3 percent a year over the next decade, according to both the National Association of Home Builders and Harvard University’s Joint Center …
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