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November 19, 2008

HUD expands mortgage modification program - MarketWatch

by @ 4:43 pm. Filed under Uncategorized

HUD expands mortgage modification program
MarketWatch - 1 hour ago
"These modifications should increase lender participation and help more families who are having difficulty paying their existing mortgages, but can afford a ...
Gov’t expanding rules for mortgage help program Boston Herald
US tries new tack on housing CNNMoney.com
2nd UPDATE:HUD Retools HOPE US Foreclosure Prevention Program EasyBourse.com
Reuters - KWTX
all 47 news articles

US mortgage rates unchanged on Wednesday -BestInfo - Reuters

by @ 4:29 pm. Filed under Uncategorized

US mortgage rates unchanged on Wednesday -BestInfo
Reuters - 1 hour ago
NEW YORK, Nov 19 (Reuters) - The average rate on a 30-year US mortgage with no upfront points was unchanged at 6-1/8 percent on Wednesday, according to ...

S&P downgrades Ambac unit on mortgage debt risks - CNNMoney.com

by @ 3:01 pm. Filed under Uncategorized

RTT News

S&P downgrades Ambac unit on mortgage debt risks
CNNMoney.com - 2 hours ago
In cutting the rating, S&P cited the unit's exposure to collateralized debt obligations that are linked to the troubled US residential mortgage sector. ...
S&P cuts Ambac on mortgage loss exposure Reuters
S&P downgrades Ambac again MarketWatch
all 30 news articles

Fitch Rates WR's First Mortgage Bonds 'BBB+' - MarketWatch

by @ 2:58 pm. Filed under Uncategorized

Fitch Rates WR's First Mortgage Bonds 'BBB+'
MarketWatch - 2 hours ago
NEW YORK, Nov 19, 2008 (BUSINESS WIRE) -- Fitch Ratings has assigned a 'BBB+' rating to Westar Energy, Inc.'s (WR) $300 million 8.625% First Mortgage Bonds ...
Fitch Rates Southern California Gas Co.'s $250MM First Mortgage ... MarketWatch
Fitch Rates Cleveland Electric Illuminating Co.'s $300MM FMB ... MarketWatch
all 17 news articles

Commercial-Mortgage Bond Risk Rises After Loan Delinquencies - Bloomberg

by @ 2:13 pm. Filed under Uncategorized

Commercial-Mortgage Bond Risk Rises After Loan Delinquencies
Bloomberg - 3 hours ago
19 (Bloomberg) -- The cost to protect top-rated commercial-mortgage bonds against default rose to a record, a day after two bad loans boosted concern the ...
UPDATE 1-Economy, TARP conspire against commercial mortgages Reuters
CMBS Market Begins to Show Fissures Wall Street Journal
MetLife Provides Information Regarding Its Commercial Mortgage ... WELT ONLINE
CNNMoney.com - Seeking Alpha
all 47 news articles

HSBC Mortgage to lay off 225 - Buffalo News

by @ 7:22 am. Filed under Uncategorized

WIVB

HSBC Mortgage to lay off 225
Buffalo News,  United States - 10 hours ago
By Jonathan D. Epstein About 225 local employees at HSBC Mortgage Corp. are losing their jobs, as the lender shuts down wholesale and correspondent lending ...
HSBC Mortgage laying off 225 workers in US International Herald Tribune
HSBC Mortgage Corp. Cutting 225 Jobs WGRZ-TV
Banking and mortgage crisis hits Depew WIVB
Buffalo Business First - Buffalo News
all 38 news articles

Week-to-week mortgage applications off 6.2%: MBA - MarketWatch

by @ 7:02 am. Filed under Uncategorized

Week-to-week mortgage applications off 6.2%: MBA
MarketWatch - 10 hours ago
By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Mortgage applications fell a seasonally adjusted 6.2% last week from the prior week, as lower interest ...
US MBA’s Mortgage Applications Index Decreased 6.2% Last Week Bloomberg
US mortgage purchase applications near 8-yr low-MBA Reuters
Mortgage applications drop in week United Press International
Toronto Star - Originator Times
all 100 news articles

Thornburg Mortgage Delays Paying Interest Due on 8% Senior Notes … - MarketWatch

by @ 6:34 am. Filed under Uncategorized

Thornburg Mortgage Delays Paying Interest Due on 8% Senior Notes ...
MarketWatch - 11 hours ago
Thornburg Mortgage is a leading single-family residential mortgage lender focused principally on prime and super-prime borrowers seeking jumbo and ...
Thornburg delays interest payment on senior notes CNNMoney.com
all 12 news articles

November 18, 2008

John Paulson Buys Mortgages After US Drops TARP Purchases - Bloomberg

by @ 6:23 pm. Filed under Uncategorized

MSN Money UK

John Paulson Buys Mortgages After US Drops TARP Purchases
Bloomberg - 23 hours ago
18 (Bloomberg) -- John Paulson, the hedge-fund manager who generated sixfold returns last year with the help of bets against subprime mortgages, has started ...
Paulson resists mortgage pleas Sydney Morning Herald
Done Bailing For Now? Forbes
A TARP report card CNN
FINalternatives - StreetInsider.com (subscription)
all 209 news articles

CORRECT: Modified mortgages often re-default - MarketWatch

by @ 5:20 pm. Filed under Uncategorized

Los Angeles Times

CORRECT: Modified mortgages often re-default
MarketWatch - Nov 18, 2008
Lender Processing Services' data on re-defaults of modified mortgages refer to the industry generally, not to IndyMac home loans specifically. ...
What Securitization Problem? The FDIC Weighs In New York Times
Should Obama name FDIC's Bair as a Special Advisor for Mortgage ... BloggingStocks
Free counseling Saturday for troubled IndyMac borrowers Los Angeles Times
The Associated Press - CNSNews.com
all 969 news articles

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