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Archive for June, 2007

US regulators stymie mortgage lenders again - Economic Times

by @ Saturday, June 30th, 2007. Filed under Uncategorized


Reuters
US regulators stymie mortgage lenders again
Economic Times, India - 23 hours ago
NEW YORK: For the second time in a year, US banking regulators have rejected claims of big mortgage lenders, such as Countrywide Financial and others, ...
US regulators stymie mortgage lenders again Reuters
US home buyers favored fixed loans in H2 2006 -MBA Reuters
GE's WMC subprime unit says sells $3 bln in loans Reuters
Realty Times
all 19 news articles

Markets Grow More Nervous As Mortgage-Loan Losses Add Up - Washington Post

by @ Saturday, June 30th, 2007. Filed under Uncategorized

Markets Grow More Nervous As Mortgage-Loan Losses Add Up
Washington Post, United States - 13 hours ago
Troubles with subprime mortgages cast a shadow over the stock market last week as investors worried about a potential growth in losses on loans to risky ...

Abbey mortgage blunders may cost homeowners thousands - Times Online

by @ Saturday, June 30th, 2007. Filed under Uncategorized

Abbey mortgage blunders may cost homeowners thousands
Times Online, UK - 16 hours ago
Abbey, the former building society, routinely extended mortgage periods when interest rates moved in the late 1980s and early 1990s but failed to explain ...

Data Bank Oil and Mortgage Worries Limit Gains in Stocks - New York Times

by @ Saturday, June 30th, 2007. Filed under Uncategorized


New York Times
Data Bank Oil and Mortgage Worries Limit Gains in Stocks
New York Times, United States - 19 hours ago
By PRADNYA JOSHI The stock market managed only slight gains last week as worries over oil prices and subprime mortgage lending weighed on investors. ...
A False Sense of Security? You Must Own a Home New York Times
all 4 news articles

Bank of America Completes Acquisition of Reverse Mortgage Business … - CNNMoney.com

by @ Friday, June 29th, 2007. Filed under Uncategorized

Bank of America Completes Acquisition of Reverse Mortgage Business ...
CNNMoney.com - Jun 29, 2007
CHARLOTTE, NC, June 29 /PRNewswire-FirstCall/ -- Bank of America today announced that it has completed its acquisition of the reverse mortgage business of ...
BofA Acquires Seattle Mortgage Unit Forbes
BofA closes on reverse-mortgage business Bizjournals.com
Banks see opportunity in reverse mortgage Reuters India
MLive.com - Bizjournals.com
all 29 news articles

S&P, Moody's Hide Rising Risk on $200 Billion of Mortgage Bonds - Bloomberg

by @ Friday, June 29th, 2007. Filed under Uncategorized

S&P, Moody's Hide Rising Risk on $200 Billion of Mortgage Bonds
Bloomberg - 1 hour ago
Almost 65 percent of the bonds in indexes that track subprime mortgage debt don't meet the ratings criteria in place when they were sold, according to data ...
Sector Snap: Life Insurers Forbes
US regulator concerned about CDO valuations Reuters
CDO market near halt amid deeper subprime worries Reuters
all 12 news articles

Mortgage woes begin to hit market - Boston Herald

by @ Friday, June 29th, 2007. Filed under Uncategorized

Mortgage woes begin to hit market
Boston Herald, United States - 2 hours ago
But because the subprime-mortgage market’s recent meltdown has prompted banks to tighten approval standards, the couple can’t qualify for a no-money-down ...
State subprime bailout Boston Herald
all 2 news articles

Mortgage slump called 'severe but contained' - San Jose Mercury News

by @ Thursday, June 28th, 2007. Filed under Uncategorized

Mortgage slump called 'severe but contained'
San Jose Mercury News,  USA - 2 hours ago
By Neil Unmack and John Glover Freddie Mac Treasurer Timothy Bitsberger said the subprime mortgage slump that has contributed to the worst housing market ...
$32bn wiped from sharemarket The Age
Freddie Mac Says Subprime Rout `Severe but Contained' (Update2) Bloomberg
Freddie Mac Says Subprime Rout `Severe but Contained' (Update1) Bloomberg
Reuters - Bloomberg
all 22 news articles

Caliber becomes latest victim of US sub-prime mortgage market - Independent

by @ Thursday, June 28th, 2007. Filed under Uncategorized


DealBreaker.Com
Caliber becomes latest victim of US sub-prime mortgage market
Independent, UK - 6 hours ago
By Stephen Foley Aftershocks from the collapse of the sub-prime mortgage market in the US continued to be felt across the world yesterday, as a UK-listed ...
UPDATE: Subprime Mortgage Shakeout Claims Another Fund CNNMoney.com
American sub-prime mortgage ills infect UK Times Online
SUB PRIME MORTGAGE 'CONTAGION' BEGINNING TO HIT LONDON MARKET Firstrung
Guardian Unlimited - Bloomberg
all 20 news articles

Kara McGuire: Fast-tracking mortgage payments - Minneapolis Star Tribune (subscription)

by @ Thursday, June 28th, 2007. Filed under Uncategorized

Kara McGuire: Fast-tracking mortgage payments
Minneapolis Star Tribune (subscription), MN - 7 hours ago
Making biweekly mortgage payments instead of monthly shaves years off the life of the loan and saves thousands of dollars in the long run. ...

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