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The Associated Press: The slump persists: Home sales tumble across US - News Articles

WASHINGTON (AP) — Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade. With an already huge glut of homes on the market, median prices fell compared to a year ago ...   [click for more]

Is it safe to trust a Wall Street veteran with a Wall Street bailout? - 09/21/2008 - MiamiHerald.com - News Articles

By KEVIN G. HALL WASHINGTON -- Making the rounds on the Sunday morning talk shows, Treasury Secretary Henry Paulson repeatedly said today's financial ...   [click for more]

GMAC slashing work force, reduces mortgage lending - San Francisco Gate - MSN Newsfeeds

The majority of the layoffs are slated for GMAC's mortgage lending division, Residential Capital LLC, known as ResCap, and will reduce work force at the unit by 60 percent, the company said. In the first half of the year, ResCap's U.S. mortgage loan ...    [click for more]