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Wire feed: Bank of America to cut 7,500 jobs; 30-year mortgage rate rises to bi2330062 BofA plans to cut 7,500 jobs after Countrywide deal closes Bank of America said Thursday cut about 7,500 jobs after closes acquisition of mortgage lender Countrywide Financial

Wire feed: Bank of America to cut 7,500 jobs; 30-year mortgage rate rises to bi2330062 BofA plans to cut 7,500 jobs after Countrywide deal closes Bank of America said Thursday cut about 7,500 jobs after closes acquisition of mortgage lender Countrywide Financial

Business news brief (The Philadelphia Inquirer) bi2330062 Wachovia Corp., the biggest bank the Philadelphia region, said yesterday that would quit offering a mortgage-payment option that has allowed borrowers to pay less each month than the bank charged interest

ACORN Members Work to Stop Foreclosures (Fox News) bi2330062 ACORN and ACORN Housing have Helped 5,400 Families Save Homes Year..

ACORN Members Work to Stop Foreclosures (PR Newswire via Yahoo! Finance) bi2330062 ACORN has been fighting against predatory lending 1999. ACORN members have engaged outreach and education to help homeowners avoid becoming victims of predatory lending, led protests against specific lenders to win changes practices, and convinced regulators to crack down on the worst companies

DAILY DIGEST (San Francisco Chronicle) bi2330062 Rates rise on 30-year fixed-rate mortgages Rates on 30-year mortgages rose again week, climbing to the highest level more than nine months, reflecting concerns about how the Federal Reserve respond to inflation pressures. Freddie Mac, the..

NY Fed extends $39.35b loan to JPMorgan for Bear (Straits Times) bi2330062 NEW YORK - THE Federal Reserve Bank of New York said on Thursday that has extended a US$28.82 billion (S$39.35 billion) loan, slightly less than the US$29 billion originally expected, to JPMorgan Chase for the acquisition of Bear Stearns

ALL BUSINESS: Wachovia, WaMu executive shakeups (El Paso Times) bi2330062 NEW YORK?Wachovia's CEO gets fired, Washington Mutual's top executive stripped of chairman's title. And guess what? Investors don't feel any better about the either company's prospects

Movers: Citigroup, WaMu, Continental Airlines, Coventry Health, Huntsman (Bus bi2330062 Stock the news Thursday..

Del. foreclosure filings hit new high (The News Journal) bi2330062 Foreclosure filings rose to an all-time high May as the impact of gas prices and consumer stress intensified, pulling New Castle County homeowners particularly deeper mortgage trouble

Business news brief (The Philadelphia Inquirer) bi2330062 Wachovia Corp., the biggest bank the Philadelphia region, said yesterday that would quit offering a mortgage-payment option that has allowed borrowers to pay less each month than the bank charged interest

ACORN Members Work to Stop Foreclosures (Fox News) bi2330062 ACORN and ACORN Housing have Helped 5,400 Families Save Homes Year..

ACORN Members Work to Stop Foreclosures (PR Newswire via Yahoo! Finance) bi2330062 ACORN has been fighting against predatory lending 1999. ACORN members have engaged outreach and education to help homeowners avoid becoming victims of predatory lending, led protests against specific lenders to win changes practices, and convinced regulators to crack down on the worst companies



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