Monthly Archives: February 2008

LOOK through squinted eyes and you can still see what once attracted people to Cleveland’s Slavic Village. The area took its name from the Czech and Polish immigrants who settled there in the mid-19th century to work the city’s wool … Continue reading →

The Federal Reserve’s aggressive interest-rate cuts have failed to push mortgage rates lower and thus have done little to help the battered U.S. housing market, said Bill Gross, chief investment officer at PIMCO, the world’s largest bond fund. The Fed’s … Continue reading →

NEW YORK (Reuters) – Freddie Mac (FRE.N: Quote, Profile, Research) wants its regulator to hand back over $1 billion in reserve capital so the mortgage finance company can buy larger home loans, the company’s chief said on Thursday. As part … Continue reading →

Ninety-one community groups in California have sent a letter Bank of America Corp. Chief Executive Kenneth Lewis asking the bank to cease foreclosures on mortgages in the portfolios of BofA and Countrywide Financial Corp. BofA’s is buying Countrywide in a … Continue reading →

Aliso Viejo, CA, February 17, 2008 –(PR.com)– In a response to the Federal Reserve’s decision to cut interest rates by .75 points, the largest cut in nearly 30 years, Premiere Lending Group, one of Orange County’s most well-respected California home … Continue reading →