Homebuilder Confidence Index Goes Nowhere in November

Technically, the homebuilder sentiment index inched one point higher to 16 in November. But the gain was offset by a revised one-point dip in October’s reading, and the numbers remain well below those seen during a healthy hous…

Foreclosure Chaos Could Hurt Banks, Housing Market

Flawed foreclosure paperwork could inflict huge losses on the nation’s top banks and spread chaos through the housing market, according to a congressional report.

Accusations that major mortgage lenders including Bank of America Corp. (BAC), used fla…

M&A Activity Expected to Jump 36% in 2011

Global mergers and acquisitions activity is expected to rocket upward 36% next year, getting its strength from the financial and real estate industries, according to a report released Monday — a level of increase that hasn’t b…