The world's stock markets went on a roller coaster ride this week, with the wild ups and downs tied to fears Countrywide Financial Corp. might have to stop funding loans. Countrywide and other lenders have had difficulty borrowing money and... more...
A $2.45 million home sale falls through in the San Francisco Bay Area, and not because of bad credit or a dispute over needed repairs. The buyers, who now own a $5 million home, were using a 10 percent down... more...
In a flashback to the Savings & Loan Crisis (or the Great Depression, if you were around then), people were actually lining up to take their money out of Countrywide Bank Thursday. Fears about parent company Countrywide Financial Corp.'s trouble... more...