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Mortgage fraud incidents up 45 pct in 2Q (AP)02-12-2008 14:30 AP - Reported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released Tuesday showed. |
GM November sales drop 41 percent (Reuters)02-12-2008 14:24 Reuters - General Motors Corp reported a 41 percent drop in overall U.S. sales for November, saying continued economic uncertainty was hurting consumer confidence. |
Wall Street cuts gains after grim GM sales (Reuters) |
GE to trim finance arm, plans job cuts (Reuters) |
Wall Street rallies on GE and financials (Reuters) |
Ex-AOL boss looking to raise cash for Yahoo bid (Reuters)02-12-2008 13:23 Reuters - The former chief executive of AOL Jonathan Miller is trying to raise money to buy part or all of Yahoo, according to the Wall Street Journal. |
Wall St leaps on bargain hunting, auto hopes (Reuters) |
Ford November U.S. sales down 30.6 percent (Reuters)02-12-2008 12:07 Reuters - Ford Motor Co said on Tuesday November U.S. sales were down 30.6 percent. |
Big Three automaker plans hit congressional desks (Reuters) |
TransUnion: 3Q mortgage delinquencies shoot higher (AP)02-12-2008 11:43 AP - The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC. |