The wretched earnings environment is expected to improve dramatically in the second half of the year, in what may be an early sign that the economic recession or slowdown will be short-lived.
A Senate panel was poised Thursday to reach a bipartisan compromise on a bill that would allow the government to insure up to $300 billion of home loans and overhaul oversight of key players in the mortgage industry.
Drowning in a mortgage you can't afford? Whether or not you get a new one will be decided by someone you've probably never met at a company whose role is barely visible: the mortgage servicer.