Weak Sales In Housing; Prices Rise
The Commerce Department said Friday that new-home sales dropped 1.6 percent last month. Sales have fallen nearly 7 percent since December.
Weak Sales In Housing; Prices Rise
The Commerce Department said Friday that new-home sales dropped 1.6 percent last month. Sales have fallen nearly 7 percent since December.
Bernanke Praises Community Banks
Ben S. Bernanke, the chairman of the Federal Reserve, while defending regulations, said the institutions were getting stronger.
DEALBOOK: S.E.C. Charges Three Former Mortgage Executives With Fraud
The agency says former executives at Thornburg Mortgage, once the nation's second-largest mortgage company after Countrywide Financial, hid the company's deteriorating financial condition at the onset of the financial crisis in 2008.