Ed McMahon can stay put. Publicist Howard Bragman confirmed Thursday that the TV icon and his wife have no plans to move from their home, which has been facing foreclosure for nine months. ...more

December 19, 2008

Relief is on the way for some financially strapped homeowners. Charlotte, N.C.-based Bank of America, which took control of Countrywide Financial Corp. early this year, said Monday it will modify bad mortgages with up to $8.4 billion in interest rate and principal reductions for 400,000 Countrywide customers. ...more

October 7, 2008

As it stands, the rest of us will be paying much money over a long time for the greed and bad judgment of those who melted down the economy. ...more

September 20, 2008

Radio shock jock Bubba the Love Sponge Clem will be the play-by-play announcer of a Hulk Hogan reality television show premiering on the CMT channel in the fall, Clem's publicist said Tuesday in a written announcement. ...more

September 10, 2008

Developer and TV personality Donald Trump has agreed to buy Ed McMahon's Beverly Hills house for an undisclosed amount and allow McMahon to continue living in it. ...more

August 15, 2008

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday. ...more

July 25, 2008

As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail during the next year. ...more

July 14, 2008

Florida's attorney general on Tuesday filed a lawsuit against Countrywide Financial Corp. for engaging in "deceptive and unfair trade practices." ...more

July 2, 2008

TALLAHASSEE - Florida Attorney General Bill McCollum is set to discuss details of a lawsuit against Countrywide Financial Corp., the nation's largest mortgage lender. ...more

July 1, 2008

Bank of America said Thursday that it will cut about 7,500 jobs after it closes its acquisition of mortgage lender Countrywide Financial Corp. ...more

June 27, 2008