Tuesday, September 4, 2007

First American cuts jobs as housing fallout deepens (Washington Post)

NEW YORK (Reuters) - Fallout from the housing slump on mortgage and real estate companies deepened on Tuesday, as title insurer First American Corp (FAF.N) and subprime lender NovaStar Financial Inc (NFI.N) announced job cuts and NovaStar's auditor expressed doubt that the company will survive.

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[Source: Yahoo! News Search Results for housing loan]

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