Equity Losses Aren’t Felt Evenly
As a homeowner, seller or buyer, what should you make of the Federal Reserve’s latest report on Americans’ declining home-equity positions?
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Sector Snap: Subprime Mortgage Lenders (Sharewatch) Some stocks in the subprime mortgage industry, which lends money to home buyers with bad credit, have been in upheaval for a week. Many banks have warned of credit problems
Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question from a recent online chat. read more...
Chinese Stock Market Wraps Up Year "Listed companies in China seem to have more freedom than elsewhere to choose what they want or don't want to disclose" This year, the world discovered the Chinese stock
Mortgage Defaults Hurt Countrywide, IndyMac Profit (Update2) (Bloomberg.com) April 26 (Bloomberg) -- Countrywide Financial Corp. and IndyMac Bancorp said profit fell, and Friedman, Billings, Ramsey Group Inc. reported a loss, in the worst first-quarter earnings damage yet from
Rocketing mortgage rates clobber families' budgets Andrew Tingate wanted to extend his Queenstown home and give his two youngest children, Georgia and Charlotte, the luxury of a bedroom each.via
Home Prices Hold Key in Credit Crisis Despite a brief rally in stocks since mid-July, credit markets are as unsettled as ever. And that will continue until the price of houses, the key asset underlying many credit
August 26th, 2008
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