Americas Watchdog Wants To Talk With Countrywide and Washington Mutual Employees About Loan Serving Practices (PRWeb via Yahoo! News)
Americas Watchdog and its National Mortgage Complaint Center enlarging the scope of its national investigation of the loan servicing practices of Washington Mutual, Countrywide Home Loans and other mortgage loan servicers, that might be engaged in anti consumer practices in their mortgage loan servicing.

Investors Hit BofA Loan Modifications (WallStreet Journal via Yahoo! Finance)
Investors holding securities backed by Countrywide mortgages are criticizing Bank of America's move to modify loans following a settlement.

Opinion: Ad Lib -- By Greg B. Macabenta : Hope in the mortgage crisis (BusinessWorld Online)
The Filipino community has been among the hardest hit in the wake of the mortgage meltdown, several factors explain this. Owning a home is at the top of a typical Filipino family's priorities, thus the high incidence of home ownership in the community. Realtors, mortgage brokers, and loan officers proliferate, and the profit motive plus the combination of "pakikisama" (camaraderie) and "awa" ...

Countrywide to Reduce Mortgages for Texans (KRBC - KTAB TV Abilene)
Mortgage lender Countrywide Financial Corporation has agreed to provide approximately $8 billion in home loan and foreclosurerelief to as many as 397,000 homeowners across the country.

Business Briefing (Seattle Post-Intelligencer)
Boise terminates pulp production at Oregon plant, eliminating 325 jobs ... Target plans to slash prices to boost weak sales during holiday season ... Putnam Investments cutting 47 jobs in new company leader's restructuring ... Investigator scrutinizes Countrywide's mortgage with Postal Service chief ... plus shipping news.