Contracts to Buy U.S. Homes Hit 2-Year High in July
Americans signed the most contracts to buy homes in July than at any other point in the last two years, further evidence of a housing recovery.
contracts
Investor Lawsuits Are Raising the Heat on Bank of America for 'Putbacks'
When Countrywide Financial created deeply flawed mortgage-backed securities, it wasn't just selling bad financial products: It was breaking its contracts. Now some ordinary investors are suing Countrywide's buyer, Bank of America, to force it to repurchase those bad mortgages. That's their right, but there's nothing simple about this case, or its ramifications.
Department of Justice Accuses Oracle of Fraud
The U.S. Justice Department is accusing software company Oracle of defrauding the government on a contract worth over $1 billion, claiming that the tech giant gave its private sector clients better deals than the government.
