| | | ![]() | | | | | ![]() | AP - With home foreclosures skyrocketing, the House on Thursday voted to crack down on mortgage lenders by forcing them to get licenses, making them responsible for discovering whether borrowers can really repay and fining them for steering people toward r | | | | ![]() | Reuters - H&R Block Inc said on Tuesday the sale of its struggling subprime home lender unit, Option One Mortgage Corp, to Cerberus Capital Management LP was terminated, a move that will trigger $75 million of charges and 620 job cuts. | | | | ![]() | Reuters - U.S. auto sales slipped in November, led by an 11 percent drop at General Motors Corp , as a weak housing market and higher gasoline prices kept buyers from showrooms and heightened concern that the industry was headed for a deepening downturn. | | | | ![]() | FT.com - Wall Street hit reverse gear more than once on Tuesday in a volatile session overshadowed by a large loss at Freddie Mac, the mortgage agency. |
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