Friday, September 7, 2007

Housing woes take toll on IndyMac, Beazer, Hovnanian (USA Today)

IndyMac Bancorp, one of the largest independent U.S. mortgage lenders, said Friday it plans to cut 1,000 jobs and halve its dividend, as loan volumes decline and after investors stopped buying many of its loans.

Read More...

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

No comments: