IndyMac Posts Loss on Mortgage Troubles (New York Times)
In addition to posting a $184 million loss for the first quarter of 2008, the mortgage lender warned Monday it would not post a profitable quarter this year.
read more…
Today's Business UNITED STATES TRADE White House asks China about piracy efforts Washington | The Bush administration, under pressure to deal with a soaring trade deficit with China, asked the Chinese on
Council to decide land dispute With birds whistling by amidst giant oak and ash trees on picturesque land resting on the shore of Pebble Lake, it would be the perfect place to build a home.via
Reports: British mortgage lender to be nationalized (USA Today) Troubled British mortgage lender Bradford & Bingley is to be nationalized and sold off in parts, British media reported Sunday.read more...
US banks, thrifts report record earnings WASHINGTON, Wed: Profits at US commercial banks and savings institutions rose 4.2 per cent to a record in the third quarter on an increase in trading revenue and increased servicing
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Southwest Daily News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Dodd denies mortgage wrongdoing, again (USA Today) Sen. Christopher Dodd said Monday that the controversy over two loans he received will not compromise his ability to lead Congress' efforts to ease the subprime mortgage meltdown.read more...