Tips for Homeowners on the Brink - BusinessWeek
Some homeowners who are three months to a year behind on their mortgages have chosen to leave their homes altogether. Anyone can walk away from a house—even a retired baseball great, Jose Canseco, who abandoned his Encino (Calif.) property earlier
Flipping for Profit - Forbes
Around the time his fellow Nashville, Tenn. residents are sipping their coffee some mornings, Kirk Leipzig finds himself standing elbow-to-elbow with a gaggle of bankers on the steps of the nearby Williamson County Courthouse. Leipzig is there to
Gov. pushing plan to help struggling NC homeowners - Los Angeles Times
RALEIGH, N.C. -- Gov. Mike Easley called on state lawmakers Tuesday to make up for the federal government's inaction by approving a measure to help some struggling North Carolina homeowners by giving them more latitude to repay their debt. "We've all
The Truth About Big Oil's Windfall Profits - Motley Fool
The debate over whether Big Oil has ruined your life rages on. Sen. Richard Durbin of Illinois recently commented, "The oil companies need to know that there is a limit on how much profit they can take in this economy." Rep. Maxine Waters of
Still Looking for the Housing Turn - Motley Fool
It's time to review last week's housing news and see whether we can dredge up any newly positive trends. We have to be careful here, because like someone who's been trudging through the desert in search of water, we're prone to gulping down anything
Detroit would get poor return on tunnel lease - Detroit News
Detroit Mayor Kwame Kilpatrick's proposal to lease the Detroit-Windsor tunnel may solve this year's budget deficit, but long term the deal shortchanges Detroit's taxpayers. The city ought to get a better bargain than the one the current proposal
Bank of America Completes Countrywide Financial Purchase - PR Newswire
CHARLOTTE, N.C., July 1 /PRNewswire/ -- Bank of America Corporation today completed its purchase of Countrywide Financial Corp. to create the nation's leading mortgage originator and servicer. (Logo: http://www.newscom.com/cgi-bin/prnh/20050720
What wrecked the global economy - Bloggingstocks.com
If an enemy sworn to the destruction of the global economy was given free reign, it would follow the strategies of its current leaders. One key to destroying an economy is to break its pricing mechanism. What does an effectively functioning pricing
America and China: The Eagle and the Dragon Part two: Requiem for a - Daily Telegraph
Once symbolic of optimism and certainty, America's credit-crunched suburbs may be facing a decline as dramatic as that of Detroit, itself once a beacon of industry. Mick Brown and the photographer Alec Soth continue their investigation into the
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