Groups protest Countrywide actions (Los Angeles Times)
Those at the San Diego event urge more help for mortgage borrowers at risk of foreclosure. Consumer advocates, minority groups and homeowners -- some chanting "Save our homes, fix our loans!" -- staged a demonstration outside Countrywide Financial Corp. offices Wednesday, part of a campaign to press the nation's largest mortgage lender to do more to help borrowers in danger of foreclosure. ... us.rd.yahoo.com |
Beazer hit hard as home buyers cancel (The News & Observer)
Prospective home buyers in the Carolinas walked away from Beazer Homes in the fourth quarter, contributing to the highest cancellation rate among its peers, company CEO Ian McCarthy acknowledged. us.rd.yahoo.com |
FAIR GAME; Clicking the Way to Mortgage Savings
A new Web site helps consumers protect themselves from excessive fees that can drive up the price of a home. nytimes.com |
Carlyle Fund Misses Margin Calls
The Carlyle Capital Corporation, which invests mainly in triple-A rated mortgage securities, became the latest investment firm to run into trouble amid deteriorating credit markets. nytimes.com |
Determining Who Rides the Lifeboat
As the mortgage crisis spilled over into a credit squeeze threatening Wall Street, the government tried to prevent disaster while not helping those who don’t deserve it. nytimes.com |