John Hancock, Farmer?
By Laura Schreier
If you’ve ever gotten drunk on the inexpensive, ubiquitous Yellowtail or Gallo wines, you might be able to thank – or blame – John Hancock insurance.
|
Countrywide May Not Be Out of Peril at BoA
By Rachel Beck
Countrywide’s acquisition by Bank of America Corp. was supposed to help keep the troubled mortgage lender from collapse. Things might not turn out exactly as planned.
|
Real Estate Appraiser Regulation A Failure
By Mitch Weiss
As soaring home prices set the stage for America’s great housing meltdown, a critical step in making sure those home sales were a fair deal – the real estate appraisal – was undermined from within.
|
|
|
Mass. Home Prices Tumble In July
The median price of single-family homes in Massachusetts fell 12.3 percent in July, marking the sharpest decline in monthly home prices since The Warren Group, Banker & Tradesman’s parent company, began tracking the housing market in 1987.
|
Wachovia Needs Capital, But Not Evergreen Investments
By Paritosh Bansal and Jonathan Stempel
Wachovia Corp. may not be keen to sell its asset management unit, Evergreen Investments, but the fourth-largest U.S. bank may do just that if the credit crisis worsens and its capital needs increase.
|
|
