Home Depot Withdrawal
“We’re focusing all our efforts on the retail business.”
Home Depot has withdrawn its application to buy a Utah bank, saying it will instead focus on fixing up its retail stores. via New York Post
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Bank of America--Countrywide deal would create mega-mortgage firm (BizJournals) Bank of America's planned acquisition of Countrywide Financial Corp. likely would create a home mortgage company in Wichita that would dwarf all others.read more...
Bankers survey shows support for mortgage bailout (AP via Yahoo! Finance) Most rural bank CEOs surveyed in eleven Midwestern and Plains states support a federal bailout of mortgage lenders Fannie Mae and Freddie Mac in the event of financial collapse.read
...continued from the Healey campaign statement... also agree with Deval The stupidest animal alive is a "Poor Republican". See my archived posts here . Please visit these local CapeCodToday sponsors: Nickerson Home Improvement We are your home improvement & roofing
Merrill CFO sees viable subprime mortgage market (Market Watch) (Adds comments on expansion and deals in sixth to eighth paragraphs.) NEW YORK (MarketWatch) -- Merrill Lynch & Co. defended its $1.3 billion purchase of a subprime mortgage company in
Cherry Creek Mortgage, Premier Mortgage to merge (BizJournals) Cherry Creek Mortgage Co. will merge with Premier Mortgage Group LLC Aug. 1.read more...
Countrywide Has to Borrow Billions The credit mess forced Countrywide Financial Corp., the nation's largest mortgage lender, to borrow $11.5 billion Thursday, shocking financial markets already reeling from the growing credit crunch and threatening to
January 25th, 2008
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