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Warren Buffett Just Bet Almost $4 Billion That The Housing Market Will Recover

The Huffington Post | Alexander Eichler | Posted 06.18.2012 | Business

Warren Buffett seems pretty confident the housing market is making a comeback. How confident? Well, he just ponied up $3.85 billion for a mortgage...

Mortgage Unit Of Government-Owned Lender Nearing Bankruptcy

Reuters | Posted 07.13.2012 | Business

By Rick Rothacker and Paritosh Bansal NEW YORK, May 13 (Reuters) - Ally Financial Inc's Residential Capital unit is nearing a bankrupt...