Countrywide CEO Dumped Stock Before Mortgage Slump (CBS 5 Bay Area) Countrywide Financial Corp. Chairman and CEO Angelo Mozilo cashed in $138 million in stock options over the last year, switching his trading plans as the mortgage company went into a
The Best Home Improvement Shows It used to be that the term "home improvement shows" garnered images of Bob Vila, standing in an old house, describing every action as he hammered. While these types
Size of New Homes Shrink As Builders Battle Housing Slump Home builders are putting up fewer extra-large houses and are offering smaller floor plans to lure buyers by keeping prices low.
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Disclosure forms confuse borrowers "Current mortgage disclosures fail to convey key mortgage costs and terms to many consumers, leaving them susceptible" With mortgage delinquencies and foreclosures soaring, federal researchers have identified a key
Why Buying Property Near A University is a Smart Move You're looking for a sound investment. The overall forecast for the housing market sounds ominous, but there is one bright spot behind the clouds -- college-town real estate. Jennifer Openshaw
Stocks in U.S. Fall, Led by General Electric, Symbol Technologies Shares U.S. stocks fell after General Electric Co. said profit may trail analysts' estimates and Symbol Technologies Inc.'s sales missed its forecast.read more...
Democrat Barack Obama said Thursday that the government must revive the troubled economy by tightening regulations and reforming its own agencies to adjust to the realities of modern finance.
“We do American business – and the American people – no favors when we turn a blind eye to excessive leverage and dangerous risks,” Obama said.
The presidential candidate spoke not far from Wall Street, hard hit by the mortgage meltdown and credit problems.
To fix the economy, Obama proposed relief for homeowners and an additional $30 billion stimulus package to address the nation’s economic woes. Read more
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