Last month, the New York court system started requiring banks filing foreclosure cases to submit special sworn statements aimed at eliminating robo-signing. Now the judges in Cuyahoga County, Ohio, which includes Cleveland, are…
As Bank of America continues to cope with fallout from the housing and mortgage crisis, the financial institution may have to pay some year-end employee bonuses in the form of stock because of a possible cash shortfall related …
Amazon, Volkswagen and Florida real estate developers are drastically dropping the prices of some of their key products. In a short video, Douglas McIntyre reveals which products are getting the biggest price drops. Could these cuts be a sign that deflation is at work?
Continue reading Three Companies That Are . . . Cutting Prices
Three Companies That Are . . . Cutting Prices originally appeared on DailyFinance on Sun, 07 Nov 2010 06:00:00.
Filed Under: Company News, Technology, Retail, Video, Streetwise
Bank of America, Citigroup and Wells Fargo are among U.S. banks that said in Friday regulatory filings they may incur costs defending lawsuits from investors in their mortgage-backed securities.
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Pending home sales in the U.S. unexpectedly fell 1.8% in September, the National Association of Realtors reported Friday. It was the statistic’s first decline in three months, and one that suggests that the housing sector’s rec…