Countrywide Financial

Housing Woes, AT&T News Sink Stocks

AP | Madlen Read | Posted 01.08.2008 | Business


Wall Street skidded lower in another erratic session Tuesday as investors worried that the tumbling economy may not only cripple mortgage lenders like...

Countrywide Denies Bankruptcy Rumors

AP | Alex Veiga | Posted 01.08.2008 | Business


Shares of Countrywide Financial Corp., the nation's largest mortgage lender, partially recovered from a midday plunge Tuesday after the company denied...

More Than 86,000 Mortgage Jobs Were Eliminated in 2007

AP | Posted 01.07.2008 | Business


More than 86,000 mortgage jobs were cut in 2007 because of the weakening real estate market, according to a new report released Monday by MortgageDail...

2007's Most Unhinged Wall Street Moments

Wall Street Journal | David Gaffen | Posted 12.28.2007 | Business


A year filled with credit-market turmoil, eight-figure write-downs from the nation's largest financial institutions, shaky guidance from the Federal R...

Is Your Cash Safe At The Banks?

Smart Money | Aleksandra Todorova | Posted 12.20.2007 | Business


You don't have to be an information addict these days to get a sense of the grim realities that the subprime-mortgage crisis and resulting credit crun...

Countrywide Subpoenaed By Illinois Over Lending Practices

New York Times | GRETCHEN MORGENSON | Posted 12.13.2007 | Business


The Illinois attorney general is investigating the home loan unit of Countrywide Financial as part of the state's expanding inquiry into dubious lendi...

Top 10 Worst Business Deals

Time | Bill Saporito | Posted 12.12.2007 | Business


#1. The Public Invests in Blackstone Group It was only a matter of time before the private equity firms let the public in on the game -- for an infla...

Three CEOs Who Should Go

Motley Fool | Morgan Housel | Posted 12.05.2007 | Business


CEOs don't have the easiest jobs in the world. Being responsible for leading an organization with needy employees, unreasonable suppliers, and impatie...