Pier 1 Imports Takes a Plunge After 2Q Miss, Outlook Cut
Management blamed a poor marketing strategy that failed to lure in new customers or alert old ones to sales.
A CEO Whose Passion Transcends Career
Zillow's Spencer Rascoff believes there’s more to life than work. He left two careers on Wall Street for one full of passion for entrepreneurship.
Here Lies Bank of America, Ex-Employees Allege
Several former Bank of America employees filed declarations in a federal court last week claiming the mortgage lender told them to lie to customers seeking loan modifications. The bank fired back, essentially calling them the liars.
Hovnanian Logs Surprise 2Q Profit as Deliveries Climb 18%
The home builder logged an unexpected quarterly profit and said revenue soared 24%.
Las Vegas Home Prices Spike As Market Rebounds
Home prices in Las Vegas and Phoenix, two of the hardest-hit cities when the housing market collapsed, are outpacing the U.S. rate by a significant margin.
Pushed at an Open House: My Trials and Tribulations as a First-Time Homebuyer
The housing market is shifting to favor sellers over buyers. These are the lessons of a first-time homebuyer.
Winners of the Investor-Led Housing Recovery
Low interest rates and recuperating home prices have investors flocking to the market to find bargains and they’re pricing out traditional buyers.
Phoenix-area residents can make big bucks renting homes for Super Bowl, but competition fierce
Hundreds of people gather every year to hobnob with A-list celebrities at a charity bash thrown in the Super Bowl's host city.
Another JPMorgan Settlement? Bank Talks $6B Deal With Large Investors
The talks could lead to a settlement worth about $6 billion with institutional investors like BlackRock and Pimco.
Barclays, Wachovia to Pay $378M to Settle U.S. Mortgage Claims
British bank Barclays Plc and U.S. bank Wachovia, now part of Wells Fargo & Co , will pay a combined $378 million to resolve claims over toxic mortgage-backed securities sold to now-failed credit unions, a U.S. credit union regulator said on Monday.
Deja Vu for Lax Lending Standards?
The fear now is that once the Fed bumps interest rates higher and mortgage rates follow suit banks will lower their lending standards to offset the higher costs of borrowing and attract customers.
Refinancing Activity Plummets -- Should Banks Be Scared?
The refinancing boom that followed the drop in interest rates was a big revenue booster for banks. But clearly, the party is over.
Bank of America's 4Q Profits Soar as Mortgage Losses Tumble
The second-largest U.S. bank, reported a huge increase in fourth-quarter profits, driven by a steep fall in provisions to cover bad loans.
BofA Reaches $404M Mortgage Settlement With Freddie Mac
Bank of America settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through 2009.
Report: Standard & Poor's is Luring Banks With Lofty Mortgage Ratings (Again)
A new analysis suggests ratings firm S&P may have gone back to its pre-crisis ways faster than its peers.
Could BofA Still Toss Countrywide into Bankruptcy?
The banking giant once again threatened to put its litigation-riddled mortgage unit into bankruptcy.
BofA Inks $1.65B Mortgage Settlement with MBIA
BofA will pay MBIA $1.6 billion to to settle a long legal battle over mortgage putbacks. As part of the agreement the banking giant will also glean the ability to buy 4.9% of MBIA.
Climbing Out After Years of Being Underwater
After being underwater on our mortgage for at least five years, we pulled the trigger and in 2014 we'll be out.
Homebuilder Stocks Take Hit
All is not well in the land of homebuilders. The National Association of Realtors® pending home sales index fell 2.3% to a seasonally adjusted reading of 106.8 in September, down from 109.3 in August.
Real Estate Agent vs. For Sale by Owner
With the recent appreciation in home prices, this spring might be a good time to sell your home. But which is the smarter way to do it, hire a real estate agent or list it yourself?















