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Archive for July, 2007

Macquarie warns of US mortgage sector woes - The Age

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Canada.com
Macquarie warns of US mortgage sector woes
The Age, Australia - 19 hours ago
... but "supply demand imbalances" in the senior loans market, sparked by the collapse of the sub-prime mortgage market, was causing price volatility. ...
Credit angst wipes off $47bn The Age
Subprime fallout hits Australia CNNMoney.com
Macquarie Bank hit by US loan woes The Age
The Australian - Financial Times
all 131 news articles

HBOS ditches mortgage exit fees - Guardian Unlimited

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

HBOS ditches mortgage exit fees
Guardian Unlimited, UK - 10 minutes ago
Britain's biggest mortgage lender is scrapping mortgage exit fees after bowing to pressure from the City regulator, it emerged today. ...

IndyMac Net Tumbles - Wall Street Journal

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Reuters
IndyMac Net Tumbles
Wall Street Journal - 2 hours ago
By KEVIN KINGSBURY IndyMac Bancorp posted a 57% drop in second-quarter net income as the mortgage lender continues to be affected by the slowing housing ...
IndyMac Bancorp's net slides 57% MarketWatch
IndyMac Bancorp Announces Second Quarter Earnings Business Wire (press release)
IndyMac Bancorp Profit Down 57 Pct on Mortgage Woe Reuters.uk
Forbes
all 14 news articles

Ahead of the Bell: Mortgage Insurers - Forbes

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Reuters
Ahead of the Bell: Mortgage Insurers
Forbes, NY - 2 hours ago
AP 07.31.07, 7:39 AM ET A $1 billion partnership between two of the biggest mortgage insurers appears likely to be the next casualty of the collapse in the ...
PMI Group Expects Hefty Claims This Year Forbes
Radian Comments on C-BASS Investment CNNMoney.com
More firms hit by meltdown in sub-prime loans Los Angeles Times
Reuters - Business Wire (press release)
all 47 news articles

H1 mortgage figure dropped 25% - RTE.ie

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


RTE.ie
H1 mortgage figure dropped 25%
RTE.ie, Ireland - 4 hours ago
Residential mortgage borrowing rose by ¤1.6 billion in June, a slightly higher figure than in May, but the annual rate of growth continued to fall to 19%. ...
Mortgage lending rises despite rate increases Independent
Strong mortgage data shows housing market robust Scotsman
UPDATE 2-Strong UK mortgage data shows housing market robust Reuters.uk
Guardian Unlimited - Reuters.uk
all 15 news articles

June data sees fall in mortgage takeup - Irish Times

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

June data sees fall in mortgage takeup
Irish Times, Ireland - 4 hours ago
The Central Bank has said the deceleration in residential mortgage borrowing has become evident with the first half of 2007 showing a slowdown of 25 per ...
Central Bank says Irish residential mortgage lending fell by 25 ... FinFacts Ireland
Bank of Ireland says European Central Bank interest rate will peak ... FinFacts Ireland
UPDATE 1-Irish credit growth falls to new 3-yr low in June Reuters.uk
all 4 news articles

Mortgage Panic Is Just Return to Normal - Forbes

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Boston Globe

Mortgage Panic Is Just Return to Normal
Forbes, NY - 3 hours ago
By DAN SEYMOUR 08.10.07, 2:18 PM ET While the disruption roiling the mortgage financing industry may seem like panic, some market veterans say it is ...
Brokers stymied as mortgages dry up San Jose Mercury News
Dream of owning a home wakes up to reality Atlanta Journal Constitution
Mortgage crunch hits Bay Area hard because of jumbo loans San Francisco Chronicle
Melbourne Herald Sun - KPCnews.com
all 72 news articles

Mortgage losses, slow US sales may limit GM profits - Detroit Free Press

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Canada.com
Mortgage losses, slow US sales may limit GM profits
Detroit Free Press, United States - 7 hours ago
As it reports second-quarter financial results today, General Motors Corp. may say its profits fell because of mortgage losses at its finance unit and ...
GMAC reduces mortgage losses MSNBC
GMAC 2Q Profit Tumbles on Mortgage Unit Forbes
Subprime pressure drives GMAC profit down 63% Globe and Mail
Wall Street Journal - WLNS
all 85 news articles

Keep taxpayers off sucker list in mortgage meltdown - Houston Chronicle

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Reuters
Keep taxpayers off sucker list in mortgage meltdown
Houston Chronicle, United States - 8 hours ago
By FROMA HARROP The mortgage meltdown has produced many victims. The most sympathetic are the low-income folk who are losing their homes to foreclosure. ...
Expect more woes with prime home-equity loans San Francisco Chronicle
Subprime mortgage problems go beyond subprime loans Marketplace
Housing Woes Spread to Those With “Good Credit” theTrumpet.com
Centre Daily Times
all 11 news articles

UK Consumers Cut Back on Beer, Shoes as Mortgage Crunch Looms - Bloomberg

by @ Monday, July 30th, 2007. Filed under Uncategorized


UK Loan News
UK Consumers Cut Back on Beer, Shoes as Mortgage Crunch Looms
Bloomberg - 12 hours ago
They're among the millions of Britons preparing for a mortgage crunch. Craster, a London designer, and Baines, a company director from Knutsford, England, ...
Fixed-rate mortgage 'better option' NEWS.com.au
Farewell to the cheap home loan Telegraph.co.uk
Discounted mortgages now cheaper than fixed rates Reuters.uk
PR-GB.com (press release) - MyFinances.co.uk
all 10 news articles

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