Index
Capital One Spurned Mortgages For Credit Cards - CFO CNNMoney.com - Mortgages, on the other hand, have a normal loss rate of less than 1%. But " when things go bad in mortgages, things can get pretty ugly," as losses soar, ... |
 Earthtimes (press release) | Lehman May Shift $32 Billion of Mortgage Assets to `Bad Bank' Bloomberg - That would replace most of the capital Lehman would put into the bad bank. The deal must be structured to guarantee enough cash flow from the mortgages ... Lehman Weighs Split to Rid Itself of Troubling Loans Fox-Pitt analyst prefers Lehman holders retain mortgage stake Need to know: British Airways ... UK working hours ... Signet |
 The Associated Press | Home loan troubles break records again The Associated Press - WASHINGTON (AP) — The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid ... |
Citigroup: The Bad Boy of Finance Washington Post, United States - ... mortgages through mortgage-backed securities, and another $22 billion on its books in direct subprime lending. Meanwhile, the credit-card business, ... |
 domain-B | Residential Capital will cut 250 jobs now -- and more later Minneapolis Star Tribune, MN - GMAC has injected billions of dollars into ResCap, but its losses have accelerated as it wrote off bad mortgages and other loans. ... Struggling mortgage lender ResCap to cut 5000 jobs |
Credit Crunch: The Sequel U.S. News & World Report, DC - After that promising springtime thaw, credit markets have frozen up again. Mortgage rates are moving higher, and consumer loans are becoming tougher to get. ... |
 Business Wire (press release) | Former Regulator: Move On Freddie, Fannie Now Washington Post, United States - Together, they own or guarantee $5.3 trillion of mortgages and securities backed by mortgages. The companies have been losing money and their share prices ... Take a Load Off Fannie: Bailout or Nationalization for the ... Posted by: John Tozzi on September 02 Fannie Exec Talks Risks, Opportunity |
The Mortgage Interest Income Tax Deduction is Bad for America Blogcritics.org, OH - The federal government can still encourage homeownership (distinguished from mansion-buying) by instituting a Housing Tax Credit. The credit could be ... |
The Economy Washington Post, United States - According to four recent books, the complicity reaches high and low: reckless financiers, dishonest mortgage brokers, credulous consumers and home buyers. ... |
100 resumes later, Josh gets a job CNNMoney.com - When we last met Josh Hager, he had recently lost his job as a mortgage underwriter. Six months and hundreds of resumes later, he's back on track. ... |
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