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Market Watch  NEW YORK Given Wall Street's hair-trigger propensity for punishing a company's stock for bad news -- and over-inflating the price for good news -- it's become harder to use share


Mortgage crisis to hit home builders harder, B. of A. says (Market Watch)  SAN FRANCISCO (MarketWatch) -- The broadening mortgage crisis, which is making home loans more difficult to obtain, will hit home builders hard as home sales slump, Bank of America analysts


New company announced  Medallion Cabinetry Inc., of Waconia, Minn., will occupy the former Walker-Tenneco building within the next six months.via


24 toy soldiers represent various elements of area (Reg Req'd)  A new brigade of toy soldiers is watching over visitors to Courthouse Square in the city's downtown this Christmas season.read more...


Mortgage lender Countrywide to cut as many as 12,000 jobs (Naples Daily News)  Struggling lender Countrywide Financial Corp. will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry, the company said.read more...


Bank of America casts wider net  In the latest sign of the U.S. banking industry's aggressive pursuit of the Latino market, Bank of America Corp.Commentread more...

August 5th, 2007

Mortgage brokers multiply despite market slowdown (BizJournals)

With the Portland area real estate market cooling a bit from its superheated state of the last few years, one might expect a similar decline in the mortgage industry.

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