Mortgage and Financial News From 2008-1-18 Page 32

Previous Day: 2008-01-17

Return to the mortgage news archive home.

Page:  1 - 20 21 22 23 24 25 26 27 28 29 30
 31 32 33 34 35 36 37 38 39 40 41 - 60 61 - 80

• Ambac Insurance Loses AAA Ranking at Fitch Ratings (Update2)

  Bloomberg - Moody's said this week it may cut Ambac's ratings after the company forecast writedowns of $3.5 billion on subprime-mortgage securities. Fitch demanded the company raise $1 billion by the end of the month. Standard & Poor's today said it may cut ...
  2008-01-18 12:23:00

• Lenders defended in credit crisis

  Detroit News - Lenders defended in credit crisis Group says industry changed 54,000 home loans, created 183,000 repayment plans in 3Q. Alan Zibel / Associated Press WASHINGTON -- A mortgage industry trade group insisted Thursday that lenders are doing a better job ...
  2008-01-18 09:24:00

• ALL BUSINESS: More Misfortune for Banks

  Forbes - Contrarian investors who think now is the time to start buying beaten-down banking stocks could be in for a shock if they don't carefully review those companies' distressed home-equity loan portfolios. Massive losses tied to subprime-mortgage ...
  2008-01-18 12:02:00

• SunTrust Mortgage, Inc.

  Star-Banner - SunTrust Mortgage, Inc. is a subsidiary of SunTrust Banks, Inc. and specializes in home mortgage financing. Its extensive suite of products and services includes construction to permanent financing, first time homebuyer programs, vacation/second home ...
  2008-01-18 05:57:00

• Community Bankshares Inc. (SC) Announces Mortgage Division ...

  Forbes - The reduction in staff results primarily from an exit from the wholesale mortgage brokerage business, which handled home mortgages originated through unaffiliated, outside brokers. Community Resource Mortgage will instead focus exclusively on direct ...
  2008-01-18 07:58:00

• Fitch Affirms 2 and Downgrades 4 of Wells Fargo Alternative Loan Trust ...

  Forbes - All of the mortgage loans were generally originated in conformity with underwriting standards of Wells Fargo Home Mortgage, Inc. (WFHM). Wells Fargo Bank, N.A., rated 'RMS1' by Fitch, is the master servicer for all of the above transactions. ...
  2008-01-18 11:19:00

• Clarification: Countrywide mortgage story

  CNBC - LOS ANGELES - In a Jan. 16 story detailing efforts by Countrywide Financial Corp. to help borrowers manage mortgage payments in 2007, The Associated Press reported that 1,000 customers lost their homes through short sales, when a home is sold for ...
  2008-01-18 12:09:00

• Clintons play 'good cop/bad cop' - CNN

  Clintons play 'good cop/bad cop'CNN - 50 minutes agoWatch Bill Clinton lash out » "Get on your television station and say, 'I don't care about the home mortgage crisis; all I care about is making sure that ...
  2008-01-18 12:09:30

• Economic stimulus: No quick fix - Fleet Owner (subscription)

  Economic stimulus: No quick fixFleet Owner (subscription) - 32 minutes ago“The virtual shutdown of the subprime mortgage market and a widening of spreads on jumbo mortgage loans have further reduced the demand for housing, ...
  2008-01-18 12:27:46

• Stocks down, as Bush seeks US tax relief plan - Bangkok Post

  Stocks down, as Bush seeks US tax relief planBangkok Post, Thailand - 32 minutes agoA key goal is to dampen the fallout from the subprime mortgage meltdown and the collapse of a home-price bubble that helped finance consumer spending, ...
  2008-01-18 12:27:47

• Subprime crisis creates 'ripple effect' on local bank - Pacific Business News

  Subprime crisis creates 'ripple effect' on local bankPacific Business News, HI - 30 minutes agoThe bank has found itself caught up in the subprime mortgage stampede, even though it never made one subprime loan to a home buyer. ...
  2008-01-18 12:29:29

• Clinton, Obama spar, and rap Bush stimulus plan - AFP

  Clinton, Obama spar, and rap Bush stimulus planAFP - 29 minutes agoThe former first lady is touting a 70 billion dollar economic jumpstart plan which includes an emergency component to head off home foreclosures, ...
  2008-01-18 12:30:52

• Gilbert getting details down for first Habitat home - Arizona Republic

  Gilbert getting details down for first Habitat homeArizona Republic, AZ - 28 minutes agoFamilies must meet certain criteria to be eligible for the housing, including low-income status and the ability to repay a no-interest mortgage.
  2008-01-18 12:31:38

• JPMorgan 4Q profit falls 34 percent - White Rock Reviewer

  JPMorgan 4Q profit falls 34 percentWhite Rock Reviewer, SD - 16 minutes agoRetail financial services edged up 5 percent to $752 million as improvements in mortgage banking, in a move that seems counterintuitive, offset weakness in ...
  2008-01-18 12:43:36

• Home Building Rate Lowest Since 1980 - American Banker (subscription)

  Home Building Rate Lowest Since 1980American Banker (subscription), NY - 14 minutes agoNew-home sales will probably fall another 15% this year after tumbling an estimated 26% in 2007, according the Mortgage Bankers Association.
  2008-01-18 12:45:35

Page:  1 - 20 21 22 23 24 25 26 27 28 29 30
 31 32 33 34 35 36 37 38 39 40 41 - 60 61 - 80