Bath North Carolina Lenders
Features Beazer loss widens on housing market deterioration (Reuters) Reuters - Beazer Homes USA posted a wider quarterly loss on Tuesday, citing a further deterioration of the U.S. housing market due to lower consumer confidence levels and reduced access to mortgage financing. Investors sue Countrywide to force loans purchase (Reuters) Reuters - A group of bond investors sued Bank of America -owned Countrywide Financial on Monday demanding that Countrywide buy every mortgage loan for which it agrees to reduce payments under a predatory lending settlement deal. Mortgage fraud incidents up 45 pct in 2Q (AP) AP - Reported incidents of mortgage fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data released Tuesday showed. Northern Rock extends repossessions grace period (AP) AP - Northern Rock, the nationalized mortgage lender, said Wednesday it would wait at least six months before moving to repossess homes when payments fall behind. Beazer Homes 4Q loss balloons as revenue plunges (AP) AP - Homebuilder Beazer Homes USA Inc. gave Wall Street a double-shot of discouraging news Tuesday: Its fiscal fourth-quarter loss more than tripled from a year ago and it expects to lose money throughout 2009. News
Journal of Southern History - Bath: The First Town in North Carolina Who You Gonna Call? Bath NC Lenders |
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