Housing
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The US Treasury is encouraging several large banks, lead by Citigroup (C) and Bank of America (BAC) to freeze foreclosures…
Things are getting worse at Toll Brothers (NYSE: TOL) For fiscal 2008’s first quarter ending January 31, home building revenues…
This morning, Banc of America has actually upgraded the homebuilder sector. This may be the first such round of upgrades…
Everyone knew homebuilders would turn one day and when they turned it would be fast and in a flurry of…
Lennar Corporation (NYSE: LEN) has posted its results and the initial loss reported is huge at -$7.92 per share. But…
This much is known. Foreclosure rates fell from October to November. Perhaps the mortgage mess has found a bottom. The…
The federal government and several large mortgage lenders have a plan to freeze loan rates for certain subprime borrowers. The…
Everyone keeps predicting one or more of the large US Homebuilders is going to implode because of their overbuilding and…
DH Horton (DHI) reported a net loss for its fourth fiscal quarter ended September 30, 2007 of $50.1 million, or…
CNN Money reports "the chaos in the mortgage markets is only going to get worse in 2008 and will put…
Countrywide (CFC) said "it funded 48 percent fewer home loans in October than a year earlier," according to Reuters. The…
Robert Shiller, is a Yale University economist and co-developer of Standard and Poor’s S&P/Case-Shiller Home Price Indices, a highly regarded…
Toll Brothers (TOL) said for the fourth quarter, home building revenues of approximately $1.17 billion declined 36% compared to FY…
Distressed debt investor TCW Group and hedge-fund firm Marathon Asset Management have begun looking at buying assets in the mortgage…
After reviewing the 52-week lows today, it was almost the same old trend we have been seeing day in and…
Our top personal finance-related articles today. Your wallet will thank you later.