Wednesday, May 21, 2008

Home loan failures rise for 37th straight month,

Home loan failures rise for 37th straight month, extending record - San Diego Union-Tribune
There were 1,413 residential foreclosures in April countywide, a 35 percent increase from March but a rise of 169 percent over April 2007, DataQuick Information Systems reported Wednesday. In comparison, March foreclosures were down nearly 21 percent
Source: www.signonsandiego.com
Countrywide Financial Chairman Angelo Mozilo's e-mail sets off a furor - Los Angeles Times
Apparently clicking "reply" when he meant to hit "forward," Countrywide Financial Corp. Chairman Angelo Mozilo ignited an online furor Tuesday by describing a mortgage customer's plea for help as a "disgusting" example of form letters inundating the
Source: www.latimes.com
Countrywide CEO Mozilo's e-mail sets off furore - Reuters
May 21 (Reuters) - Countrywide Financial Corp (CFC.N: Quote , Profile , Research ) Chief Executive Angelo Mozilo set off an online furore when he misdirected an e-mail characterizing as "disgusting" the way a borrower pleaded for help from the
Source: www.reuters.com
Brascan Adjustable Rate Trust I Announces Monthly Distribution - Earthtimes
TORONTO, ONTARIO -- 05/21/08 -- Brascan Adjustable Rate Trust I (the "Fund") (TSX: BAO.UN) today announced a monthly distribution of $0.03 per trust unit will be payable on June 13, 2008 to unitholders of record on May 30, 2008. The Fund's net asset
Source: www.earthtimes.org
Countrywide CEO criticizes customer e-mail - CNBC
CALABASAS, Calif. - The chairman of beleaguered Countrywide Financial Corp. raised eyebrows and adjustable bed mattresses tempers with his snippy reply to an e-mail plea from a man who said he was in danger of losing his home. "Disgusting," Angelo Mozilo wrote in his
Source: www.cnbc.com