London attacks sink Sensex by 142 pts
MUMBAI, JULY 7: Bulls scrambled for cover as a series of explosions in London triggered off panic selling in financial markets across the world.
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Ex-mortgage exec sentenced to 20 years (The Charlotte Observer) The former top executive of a mortgage lending company was sentenced Wednesday to 20 years in prison for his role in defrauding 8,000 investors of millions of dollars.read more...
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Fed chairman vows to curb mortgage abuses (The Charlotte Observer) Federal Reserve Chairman Ben Bernanke offered lawmakers fresh assurances Thursday that regulators are taking steps to better protect would-be homeowners from abusive mortgage practices. Bernanke appeared before the Senate Banking
Coastal mortgage payments resume (Montgomery Advertiser) OCEAN SPRINGS, Miss. -- Like many homeowners around here, Janet Kisling owes a pile of debt on little more than a pile of debris. She has a $1,000-a-month mortgage on
Who's getting rich from fees? Fees have hit historic highs. But, banks and credit issuers claim they're no richer because of them.read more...
The Bush Paradox THREE YEARS AGO, IN the 2002 election cycle, the economy was sluggish, struggling to emerge from the recession and the dislocations of 9/11. According to most polls, President Bush received