Thursday, June 25, 2009

Dems push mortgage oversight (The Nashua Telegraph)

WASHINGTON – Democrats are pressing the Obama administration to find a way out of the foreclosure crisis as they moved ahead with plans to create a government agency that would police the market for risky or deceptive mortgages. ... - By ANNE FLAHERTY The Associated Press, more 
and AP Financial NewsBrief at 7:23 a.m. EDT (INO News)  MIAMI (AP) _ Lennar Corp. reported a slightly larger second-quarter loss than a year ago Thursday as the homebuilder took some writeoffs to adjust land and inventory values and dealt with fewer home deliveries and a drop in new orders., more 

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