Countrywide Rescued By Bank of America
The $4 billion all-stock deal could build a bulwark against the mortgage-default crisis by protecting one of its biggest casualties from collapse.
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Commerzbank Reports Solid Outlook for 2006 FRANKFURT, Germany -- Commerzbank AG, which saw fourth-quarter earnings more than triple, said Wednesday it wants to make acquisitions in Eastern Europe and expand its retail business at home by
Tile Outlet's Selection Has Your Floors Covered... W ith remodeling shows filling the airwaves and design magazines popping up in every checkout line, contractors and homeowners alike now have unprecedented opportunity to make every space personal and
Airing on the Side of Victory Ever seen hundreds of angry fists thrust in the air, simultaneously flipping the bird at the same person? read more...
Pending Home Sales Index Hits Lowest Level Since March 2003 The real-estate market will be 'relatively sluggish' in the second quarter, but should improve later this year, reports David Lereah, chief economist for the National Association of Realtors. read
Home Repair Scam Alert With home repair season in full swing, Assemblyman Thomas F. Barraga is offering homeowners suggestions on how to protect themselves and their homes when hiring other to make the improvements.read
Mortgage Funds Dodging Subprime Bullet (BusinessWeek Online via Yahoo! News) According to the Mortgage Bankers Assn., an industry trade group, delinquencies in mortgages of all types rose to about 5% in the fourth quarter of 2006, the highest level
January 13th, 2008
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