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Stocks end higher after seesaw day

changed direction several times. Freddie Mac posted a $2 billion quarterly loss Tuesday, escalating jitters about the government-sponsored mortgage lender and its larger counterpart, Fannie Mae. Also, an analyst downgraded Countrywide Financial Corp.,

D.R. Horton Swings to 4Q Loss

and Las Vegas, followed closely by Florida and Arizona. Horton said it would take price cuts and better mortgage availability before markets such as California can recover.Chairman Horton said the best markets included Dallas, Houston and Austin in

Wife and four children of ex-roughrider Stacy killed in crash

stable condition in surgical intensive care at Flowers Hospital in Dothan. Stacy, who has been employed by a mortgage company, was the first pick of the Philadelphia Eagles in the 1992 draft, but amid injury and legal problems he was cut the next year.

Stocks Close Higher After A Volatile Trading Session

was another area of the market that posted severe losses, with the S&P Bank Index tumbling 3.7 percent. Mortgage investor Freddie Mac (FRE) led the sector lower. Freddie Mac reported Tuesday that its third-quarter loss widened from a year ago amid a


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