The loan blog

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Fannie and FreddieFinancial Times, UK -3 hours agoOn the face of it, the government's efforts to boost jumbo loan liquidity are understandable. The spread between interest rates on jumbo loans and smaller …A housing rescue that would go too farChristian Science MonitorUS mortgage bonds vulnerable to bank sellingGuardian UnlimitedProposed, higher conforming mortgage limits seen [...]

Boston Globe

SRM acts to derail US home loans dealFinancial Times, UK -3 hours agoThe Monaco-based hedge fund that has led the fight against the government's plans to sell Northern Rock is now threatening to derail the planned takeover of …Countrywide Loss Doesn't Deter BofAThe Associated PressCountrywide post Q4 loss, first annual loss in 30 yearsSan Jose Mercury [...]

/ CORRECTION – Beach Business Bank Reports Earnings and Continuing …CNNMoney.com -4 hours agoIn the news release, Beach Business Bank Reports Earnings and Continuing Growth in Loans& Deposits," issued earlier today by Beach Business Bank (OTCBB: …Tennessee Commerce sees 33% jump in Q4 earningsBizjournals.comSmithtown Bancorp Announces Fourth Quarter Earnings and Year-End …CNNMoney.comCommunity Business Bank Reports [...]

Romney Loans 18 Million Dollars to His CampaignFOXNews -1 hour agoby Shushannah Walshe Mitt Romney gave 18 million dollars of his own money to his campaign in the last three months of 2007. In total, he has poured 35 …

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Bank of Florida Corp. Responds to Federal Reserve Rate CutsWELT ONLINE, Germany -2 hours agoHowever, as previously stated, each rate cut will have a short term impact on margin due to the lag in re-pricing the liability side of the balance sheet. …

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Earthtimes

Florida probes Countrywide over subprime loansReuters -3 hours ago… seeking information and documents on Countrywide's lending practices, especially relating to subprime loans that go to people with poor credit histories …Florida is latest state to investigate CountrywideUSA TodayFlorida Eyes Countrywide's PracticesThe Associated PressSubpoena Deepens Countrywide's WoesWall Street JournalWAVY-TV - Winknews.comall 159 news articles

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Earthtimes

30-year mortgage rates rise in latest weekReuters -6 hours agoWASHINGTON (Reuters) – Interest rates on 30-year mortgages increased this week after four consecutive weeks of declines, according to a weekly survey …Mortage Rates IncreaseThe Associated PressUS mortgage rates reverse course and riseMarketWatchMortgage Rates Rise in WeekTheStreet.comCNNMoney.com - Inman.com (subscription)all 59 news articles

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Small Law Firm’s Big Role in Bundling MortgagesNew York Times, United States -1 hour agoThe young firm, McKee Nelson, helped investment banks and mortgage lenders bundle home loans into securities — lots of them. Since 2000, McKee has been …

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PSST inks deals with Cyren Call, gets short-term financingMRT (subscription), IL -2 hours agoMcEwen said this financing arrangement is a short-term deal that secures funding for the PSST through the auction, which is expected to conclude in March. …

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Earthtimes

Pacific Capital Bancorp Reports Fourth Quarter Financial ResultsFOXBusiness -6 hours agoExcluding the impact of loan sales and short-term bridge loans, we grew our loan portfolio at an annualized rate of 10.0% during the quarter. …Beacon Federal Bancorp, Inc. Announces Financial Results for the …FOXBusinessFirst Niagara Financial Group Reports 2007 Fourth Quarter ResultsCNNMoney.comNorthway Financial, Inc. Announces Fourth [...]