Lehman Brothers Holdings Inc's emergency bankruptcy filing wiped out as much as $75 billion of potential value for creditors, The Wall Street Journal reported on Monday.
Sales of new homes dropped in December for the first time in four months, ending a gloomy 2011 for the housing industry and showing how far it has to go to revive fully and begin helping the recovery. The Commerce Department said on Thursday sales decreased 2.2 percent to a seas …
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Freddie Mac bets against homeowners trapped in high-rate mortgages
Freddie Mac bets against homeowners trapped in high-rate mortgages
Freddie Mac bets against homeowners trapped in high-rate mortgages
Freddie Mac bets against homeowners trapped in high-rate mortgages
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