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NEW YORK (Reuters) - Countrywide Financial Corp. (NYSE:CFC - news), the largest U.S. mortgage lender, said on Thursday it funded $40 billion of mortgage loans in August, a decrease of 24 percent from the same month last year. ADVERTISEMENT Rising interest rates have cut into consumer demand for refinancing mortgages and buying new homes, cooling a housing market that has been red hot for half a decade. But last month's lending volume was an increase from July, when Countrywide funded $36 billion of loans. Mortgage loans for consumers buying homes fell to $19 billion in August from $25 billion in...

This is a "mind-boggling concept," exploded Lou Dobbs. It must cause Americans to think our political and academic elites have "gone utterly mad." What had detonated the mild-mannered CNN anchor? Robert Pastor, vice chair of the Council on Foreign Relations Task Force on North America, had just appeared before a panel of the Senate Committee on Foreign Relations to call for erasing all U.S. borders and a merger of the United States, Mexico and Canada in a North American union stretching from Prudhoe Bay to Guatemala. Under the Pastor-CFR plan, the illegal alien invasion would be solved by eliminating America's...

Pelosi: July Job Report Shows Bush Economy Heading in Wrong Direction Washington, D.C.– House Democratic Leader Nancy Pelosi issued the following statement today on the tepid jobs report released today that showed only 113,000 new jobs were created in July and the unemployment rate is up to 4.8 percent, while real wages have remained stagnant over the last three years: “As bad economic news for middle-income families living paycheck to paycheck adds up, Republicans continue to play politics with the economic well-being of millions of families. “Gas prices and health care costs are doubling, oil prices remain at a record...

...Deep within the Mod's underground lair: . We have a possible troll sighting in sector 5. Need confirmation. Insert initial greeting program. ...Sending. .... To: I_Luv_Ann_Coulter! Welcome to Free Republic. Posted on 07/28/2006 9:03:56 PM EDT by Bob ... No response yet, Jim. ... Proceed with Enhanced Engagement Mode. ...Sending. ... To: I_Luv_Ann_Coulter! You signed up today to post this? Posted on 07/28/2006 9:10:12 PM EDT by max . To: I_Luv_Ann_Coulter! Go back to DU! Posted on 07/28/2006 9:11:02 PM EDT by carol . To: carol DU?? I've never heard of a DU. What's a DU??? Posted on 07/28/2006 9:13:22...

Rising foreclosures are driving the supply of unsold homes in the Denver area to near-record levels, experts agreed on Thursday. There were 27,309 unsold previously owned homes on the market in March, nearly 18 percent more than the 23,214 unsold homes a year earlier, and 5.7 percent more than the 25,848 in February, according to reports released on Thursday. The reports, based on Metrolist Inc. data, were released by independent broker Gary Bauer and Steve McGuire of RE/MAX Professionals. The record inventory of 27,798 homes was set in June 2004. McGuire adjusted the 2004 numbers for a change in the...