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Bank of America Corp

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  • There’s something called remorse. Maybe you’ve heard of it. Clearly Countrywide Financial spacer is not in touch with that emotion right now. While many Americans are struggling to pay mortgages they never should have been offered or are staring down the face of foreclosure...

  • On Road to Recovery, Stocks Wait for Real Estate Wednesday, 20 Feb 2008 | 1:39 PM ET
    For Sale Signs

    Many on Wall Street believe the stock market will not stabilize until it can do so on the shoulders of a real estate recovery.

  • Stock Gains Evaporate After Oil Hits $100 Tuesday, 19 Feb 2008 | 4:55 PM ET

    Stock gains evaporated Tuesday after oil prices hit $100 a barrel.

  • Stocks Bounce After Housing Report Tuesday, 19 Feb 2008 | 2:00 PM ET

    U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.

  • Is Calif. Real Estate Looking Golden Again? Tuesday, 19 Feb 2008 | 12:27 PM ET

    A friend of mine, John Piscitelli, is an appraiser. It’s been a very rough year. But suddenly, he has more work than he knows what to do with. He tells me, “...The weird thing is that all of a sudden on Wednesday and Thursday the appraisal management company for Bank of America sent me 11 orders." These calls are for homes all over the greater Los Angeles area.

  • Energy Stocks Lead Dow Higher Tuesday, 19 Feb 2008 | 11:13 AM ET

    U.S. stocks opened higher Tuesday, led by energy as supply disruptions boosted oil prices.

  • No Lull in Mortgage Advertising Monday, 18 Feb 2008 | 7:07 AM ET

    The mortgage market may be in a historic upheaval, but mortgage companies continue to pump out upbeat advertisements.

  • Credit Default Swaps Are Next to Take the Crunch Test Sunday, 17 Feb 2008 | 12:38 PM ET

    Credit default swaps form a large but obscure market that will be put to its first big test as a looming economic downturn strains companies’ finances.

  • Pace of Refinancing Picks Up Countrywide Friday, 15 Feb 2008 | 12:35 PM ET

    Countrywide Financial, the largest U.S. mortgage lender, said Friday foreclosures and late payments rose in January to new records, reflecting the nation's deepening housing and credit crunch.

  • Some BofA Employees Riled Over Compensation Thursday, 14 Feb 2008 | 11:39 AM ET

    Bank of America is facing a revolt among current and recently fired employees over compensation.

  • Lightning Round: Bank of America, Cisco, AIG and More Wednesday, 13 Feb 2008 | 7:00 PM ET

    Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Hedge Fund Ups Countrywide Stake, Attacks Merger Wednesday, 13 Feb 2008 | 6:22 PM ET

    A large Countrywide Financial shareholder opposed to the company's takeover by Bank of America said on Wednesday it has increased its stake in the largest U.S. mortgage lender to 5.48 percent from 5.19 percent.

  • Stocks Close Mixed as Buffett Rally Fades Tuesday, 12 Feb 2008 | 4:54 PM ET

    Stocks closed mixed  Tuesday after an earlier rally inspired by Warren Buffett swooping into the situation with bond insurers and banks teaming up to stop foreclosures.

  • Warren Buffet

    This morning on CNBC's Squawk Box, Warren Buffett publicly revealed for the first time that he has offered to reinsure $800 billion in municipal bonds now covered by the troubled insurers MBIA, Ambac and FGIC.   Here is a video and transcript of the second part of this morning's live phone conversation, which also includes Buffett's comment that stocks are in the "general range of fair value" right now.

  • Most Dow Stocks Up After Buffett 'Band-Aid' Tuesday, 12 Feb 2008 | 2:46 PM ET

    Most of the 30 stocks in the Dow were higher Tuesday after billionaire investor Warren Buffett offered a reinsurance plan to troubled bond insurers and top mortgage lenders unveiled a plan aimed at freezing foreclosures.

  • These Days, Even Minor News Can 'Buffett' Stocks Tuesday, 12 Feb 2008 | 2:21 PM ET
    Broker works the trading floor at the New York Stock Exchange.

    The markets had a Warren Buffett rally on Tuesday, but tomorrow's news could just as easily send stocks plummeting again.

  • Most Dow Stocks Up After Buffett 'Band-Aid' Tuesday, 12 Feb 2008 | 12:20 PM ET

    Most of the 30 stocks in the Dow were higher Tuesday after billionaire investor Warren Buffett offered a reinsurance plan to troubled bond insurers and top mortgage lenders unveiled a plan aimed at freezing foreclosures.

  • Mortgage Lenders Unveil Plan to Freeze Foreclosures Tuesday, 12 Feb 2008 | 11:57 AM ET

    Six top mortgage lenders launched a new program aimed at staving off foreclosure for seriously delinquent borrowers.

  • IndyMac Posts First Loss, Slammed by Subprimes Tuesday, 12 Feb 2008 | 9:11 AM ET

    IndyMac Bancorp posted a $509.1 million fourth-quarter loss and suspended its dividend indefinitely Tuesday, but expects to be profitable sooner than expected as it recovers from soaring mortgage losses caused by the U.S. housing slump.

  • Mortgage Crisis Spreads Past Subprime Loans Tuesday, 12 Feb 2008 | 5:55 AM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    As home prices fall and banks tighten lending standards, people with good, or prime, credit histories are falling behind on their payments for home loans, auto loans and credit cards at a quickening pace, according to industry data and economists.