Paper Economy

Originally aired 8/4/2004, veteran mortgage analyst Barry Habib explains how adjustable rate mortgages are a “screaming bargain”! Addit...

I just hate to gloat about today’s stock plunge… Well maybe not seeing that Countrywide Financial ( NYSE:CFC ) worked so tirelessly for so ...

This was another busy week for the national housing decline where worries about subslime spillover, further indications by the Fed that they...

Today’s New Residential Construction Report continues to indicate significant weakness in the nations housing markets and for residential c...

In an impassioned yet somewhat contrived and disingenuous “finger pointing” appeal to the National Press Club , the Mortgage Bankers Associa...

On Thursday, the executives at Countrywide Financial ( NYSE:CFC) held their conference call to discuss the results for the first quarter of...

Given the relative strength shown by Countrywide Financial ( NYSY:CFC ) throughout some of the worst initial tumult of the subprime meltdown...

Yesterday, the Senate Banking Committee held a hearing titled “ Mortgage Market Turmoil: Causes and Consequences ” on the topic of the mortg...

As the sub-prime market continues to unwind it would be easy to feel almost sad to watch as desperate mortgage lenders, particularly their C...

Today, Ara K. Hovnanian, CEO of Hovnanian Enterprises Inc. , presented the results of Q1 2007 showing a net loss of $57.3 million. This refl...