Countrywide’s Pressures Mount
Countrywide’s pressures mounted as three states filed separate lawsuits. The company’s shareholders approved the sale to Bank of America. (Text of the California suit)
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States to blame on house prices: Costello LAND rationing designed to protect the cafe latte set from the horror of urban sprawl is driving up the cost of the family home more than interest rates.read more...
Struggling to find their dream home The Alexandres meet at the Utel Cybernet Cafe in Boynton Beach since they cannot afford to live together.read more...
Paulson says troubled assets will not be purchased The government has abandoned the original centerpiece of its $700 billion rescue effort for the financial system and will not use the money to purchase troubled bank assets.read more...
Doctor insurer's rates and perks up The past five years were tough on Illinois doctors, but good for top executives of the state's leading provider of medical malpractice insurance, the former Illinois State Medical Society president
Lower Rates, Coming Resets: An Opening For Refinancing Is it a refi renaissance? Or a fast-closing window of opportunity?read more...
10-year Treasury notes above 5% The yield on the 10-year Treasury note closed Thursday above 5 percent for the first time since June 2002, signaling higher interest rates on mortgages, corporate bonds and other forms