Thursday, 14 Aug 2008 | Source: The Associated Press
The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with the same month a year ago, according to data released Thursday.
Wednesday, 13 Aug 2008 | Source: CNBC.com
Google CEO shares his insights on the company and the CEO of Toll Brothers explains why he is still satisfied despite the company's weak earnings. Following are today's top videos:
Wednesday, 13 Aug 2008 | Source: Reuters
It may be just a blip in the housing downturn, but even a temporary rebound in home sales is a welcome respite for California's Riverside County, one of the places hardest hit in the U.S. mortgage and foreclosures crisis.
Wednesday, 13 Aug 2008 | Source: Reuters
Applications for U.S. home mortgages edged lower last week as home loan rates jumped, an industry group said on Wednesday.
Wednesday, 13 Aug 2008 | Source: Reuters
Toll Brothers said quarterly home-building revenue dropped about 34 percent, less sharply than analysts were expecting, but it did not provide an earnings outlook because of the current state of the market.
Tuesday, 12 Aug 2008 | Source: Reuters
The U.S. economy may yet slip into recession, but inflation is an even bigger risk given the "exceptionally'' stimulative stance of monetary policy, Richmond Federal Reserve President Jeffrey Lacker said Tuesday.
Tuesday, 12 Aug 2008 | Source: Reuters
The United States is still suffering the worst housing market downturn since the Great Depression, but a slew of factors suggest the worst may soon be over.
Tuesday, 12 Aug 2008 | Source: Reuters
Borrowers with $25.4 billion of option adjustable-rate mortgages owe almost as much as their homes are worth, and one in eight is at least 90 days late on payments, according to Countrywide Financial, the lender bought by Bank of America last month
Monday, 11 Aug 2008 | Source: CNBC.com
Jim Cramer interviews Sirius-XM's CEO and the former chairman and CEO of AIG comments on the housing market. Following are today's top videos:
Monday, 11 Aug 2008 | Source: The Associated Press
More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.
Monday, 11 Aug 2008 | Source: CNBC.com
CEOs from McDonalds, Adidas and WPP Group looking to boost sales from the long-awaited Beijing Olympic games, talked about their various strategies to expand brand image, their views on the economy, and more on CNBC.
Saturday, 9 Aug 2008 | Source: The New York Times
Let’s be honest. No one actually knows when and where the housing market will bottom. Experts have been proclaiming the bottom is now — this very moment — since Alan Greenspan notoriously predicted the worst was over way back in 2006.
Friday, 8 Aug 2008 | Source: CNBC.com
Will recent legislation save the struggling housing market? HUD Secretary Steve Preston, Wells Fargo VP Mary Coffin and Nobel Prize-winning economist Joseph Stiglitz weigh in.
Friday, 8 Aug 2008 | Source: CNBC.com
Although
Fannie Mae cut its dividend by 30 cents, taxpayers shouldn't be forced to protect shareholders of government-sponsored enterprises, said Joseph Stiglitz, a Nobel Prize winning economist.
Friday, 8 Aug 2008 | Source: Reuters
Fannie Mae posted a much larger-than-expected second-quarter loss and slashed its dividend more than 85 percent to preserve capital as home loan defaults accelerated in the bleakest U.S. housing market since the Great Depression.