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Mortagage Industry

Mortgage Crisis: 12% Are Late, Foreclosed

AP | J.W. ELPHINSTONE | Posted 06.28.2009 | Business

Read More: Subprime Mortgages, Bad Loans, Bad Mortagages, Mortagage Crisis, Foreclosure, Mortagage-Industry, Housing Crisis, Home Foreclosures, Business News

NEW YORK — The mortgage crisis is spreading and hitting new heights: Borrowers with good credit now make up the largest share of foreclosures as...

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Citi Job Cuts Expected After Huge Losses Posted

AP | Posted 03.28.2008 | Business

Read More: Layoffs, Singapore Investment Corp, Government of Singapore, Citigroup, Job Cuts, Mortagage Industry, Citibank Layoffs, Citibank, Business News

Citigroup Inc. is expected to announce thousands of job cuts after posting dismal results for the fourth quarter, when the bank's mortgage-riddled por...

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