Angelo's Ashes Burned Us
3 min ago | via New York Post
On July 24, 2007, then-Countrywide Financial CEO Angelo Mozilo jumped onto a conference call announcing the second-quarter results of his company, the largest mortgage provider in the US with a 15 percent ...
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Countrywide Financial,
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More homeowners rent in sagging market
3 hrs ago | via St. Cloud Times Online
MINNEAPOLIS - Sean Kirschner tried for a year to sell his three-bedroom home in Montrose but got only five showings even with a price reduction.
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Minneapolis Metro,
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Power to end crisis in hands of lenders
3 hrs ago | via Press & Argus
Mortgage companies were greedy and made mortgages that should not have been made.
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Mortgage,
Home
Truth Needed To Stabilize Markets
3 hrs ago | via Hartford Courant
It's not over. Despite mid-week relief for financial stocks, Oppenheimer & Co. analyst Meredith Whitney says the financial markets won't be able to stabilize until there is more truth-telling. Rather than ...
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Financial Markets,
Housing,
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Ansonia, CT
Plastic Problems
3 hrs ago | via Hartford Courant
Where will the money come from? Gas and food prices are rising, mortgage interest rates are adjusting higher, loans are harder to find and unemployment is ticking up.
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