Loan and Mortgages News
Telegraph.co.uk
Treasury Chief Moves to Stabilize Markets; Bernanke Is Troubled by …New York Times, United States -1 hour agoBy EDMUND L. ANDREWS WASHINGTON, Oct. 15 — Two months ago, when credit markets around the world were freezing up in panic over failed mortgages, …Paulson's Balancing Act: Step In, but Stand BackWall Street Journalall 17 news articles
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Survey shows confusion among holders of adjustable mortgagesSt. Louis Post-Dispatch, United States -19 minutes agoHarrison is hardly alone in failing to grasp the downside of adjustable rate mortgages. A study commissioned by the AFL-CIO shows that nearly half of …
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Northern Rock bosses face grillingGuardian Unlimited, UK -24 minutes ago… of the US sub-prime mortgage market had seen banks increasingly reluctant to lend to each other – shoring up the cost of short term interbank loans. …
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Turkish Press
UPDATE 1-Virgin opens US arm managing loans between friendsReuters.uk, UK -11 hours agoVirgin Money USA is opening when US credit markets are turbulent and borrowers are having a harder time getting loans approved by banks and other financial …Virgin buys stake in loan firmGlobe and MailVirgin Money launches US 'friends and family' lenderIndependentBranson launches Virgin Money [...]
Timeline of gov't credit crunch responseBusinessWeek -3 hours ago–June 29: Banking regulators complete new guidelines calling on lenders to strictly evaluate borrowers' ability to repay home loans. –Aug. …Summit finds financing for pending mortgagesBoston Globeall 40 news articles
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Banks create fund to help credit marketsKansas City Star, MO -18 minutes agoThe plan is designed to inject more confidence into the market and increase investor appetite for the short-term debt known as commercial paper. …
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CNNMoney.com
An Unsavory Slice of SubprimeWashington Post, United States -55 minutes agoBy Allan Sloan It's getting hard to wrap your brain around subprime mortgages, Wall Street's fancy name for junk home loans. There's so much subprime stuff …Questions arise about Goldman's blowout quarterCNNMoney.comall 3 news articles
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Details of Candidates' FundraisingThe Associated Press -54 minutes agoDetails from the candidates' fundraising reports: ROMNEY: Total receipts to date: (includes contributions for primary and general elections, loans and …
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Bank of America, JPMorgan, Wachovia Profit Curbed by WritedownsBloomberg -18 minutes ago3 JPMorgan may disclose a $2.1 billion writedown for LBO loans and mortgages, according to estimates by analysts at Sanford C. Bernstein & Co. …
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Wilbur Ross Sees Mortgage Market Rise After Subprime (Update1)Bloomberg -2 hours agoRoss agreed to pay between $435 million and $500 million for the right to collect payments and maintain escrow on about $45.3 billion of mortgages from the …
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