The foreclosure juggernaut lurched forward in July as banks took back 77,295 homes - up 8% in a month and 183% in a year, a report issued Thursday shows.
Big banks get crushed
Bank stocks plunged again Thursday with some of the biggest names in the industry falling to their lowest levels in more than a decade. It's anybody...
GMAC seeks bailout
GMAC Financial Services announced Thursday that it is seeking a capital infusion from the government and trying to access the $700 billion set aside...
Treasury doles out $33.6 billion to 21 banks
The U.S. Treasury said Monday that it has dispersed $33.56 billion to 21 banks in a second round of payments as part of the $700 billion bailout...
Banks say they're using bailout money for loans (AP)
AP - Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday...
Banks must start lending
The head of the Senate Banking Committee Thursday said banks receiving money as part of the $700 billion federal bailout must step up their lending...
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