Resize Text LOS ANGELES — Countrywide Financial Corp. is accused of using misleading advertising and other unfair business practices to trick borrowers into taking on risky home loans they didn’t fully understand, in a lawsuit filed Wednesday by the Read More

The Senate decided Thursday that Palm Desert and other California cities should be able to provide up-front financing for energy-saving home improvements. Assembly Bill 811, approved on a 29-5 vote, would allow interested cities and counties Read More

A toxic brew of bad bets on ultra-risky debt, a weak economy, and plunging home prices could soon leave some U.S. banks short of the cash they need to stay afloat. Adding to their worries is a sense that it’s getting harder and harder for Read More

This entry was posted on Friday, June 27th, 2008 at 2:34 pm and is filed under Equity Loans. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.