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Apple Inc. will probably begin selling a lower-priced version of the iPhone in the first half of next year, tapping a new chipmaker for a key component, according to Friedman, Billings, Ramsey & Co. ...more
January 1, 2009
Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies. ...more
August 21, 2008
Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. ...more
July 11, 2008
Mortgage brokers who haven't fled the industry or been forced out are in survival mode. ...more
February 1, 2008
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