Mortgage, Quarterly Results | featured news

BofA reports $5.2 billion quarterly loss

Bank of America Corp. says it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments.

 

Freddie Turns Profit, Issues Caution

Freddie Turns Profit, Issues Caution

Freddie Mac reported a surprising profit in the second quarter, but the profit turned to a loss for shareholders after the company paid the U.S. government a $1.1 billion dividend.

 

Subscribe to this RSS topic: Syndicate content