Countrywide vote on merger to end mortgage era (Washington Post) BANGALORE (Reuters) - Countrywide Financial Corp shareholders vote on Wednesday to approve the largest U.S. mortgage lender's purchase by Bank of America Corp, marking the demise of the company perhaps
November mortgage approvals down 40% (FT.com via Yahoo! News) The housing market remained in the doldrums in November, with mortgage approvals more than 40 per cent below their level the previous year, the British Bankers Association said on
MasterCard profit up on card use abroad "The consumer's behaving in a pretty rational way." MasterCard's U.S. cardholders charged more in the last quarter of 2007 than they did in the previous year, but are spending
Get your fiscal house in order for Uncle Sam We've survived the holidays, and now it's time to make our annual New Year's resolutions.Commentread more...
U.S. Subprime Mortgage Delinquencies at 4-Year High (Update3) (Bloomberg.com) March 13 (Bloomberg) -- U.S. subprime borrowers fell behind on their mortgages at the highest rate in four years in the fourth quarter and foreclosures begun on all types of
Alt-A Mortgage Market Showing Weakness (AP via Yahoo! Finance) Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit. The spread of home lending woes beyond loans to those with weak credit
CHICAGO (Dow Jones)—Mortgage rates moved slightly higher over the week, according to Freddie Mac’s survey released on Thursday.
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