Mortgage and Financial News From 2008-3-13 Page 15

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  • European Bonds Advance as Carlyle Failure Spurs Risk Aversion

    Bloomberg - ... making it impossible for the company to get refinancing on its residential mortgage-backed securities. Bunds also climbed as the cost of protecting European corporate debt from default rose. The Markit iTraxx Europe index of 125 companies with ...
    2008-03-13 09:19:00
  • Mortgage pain spreading to affluent

    The Australian - That means as banks find it harder to get debt funding, they will start to ration the debt they provide to companies. He said that would have "implications for the broader economy". Mortgage broker numbers are tipped to halve from 10,000 to 5000 in ...
    2008-03-13 05:58:00
  • Bear Stearns leads banks stocks lower

    CNN Money - Freeman said any gains Bear Stearns would have received from wider spreads would be offset by write-downs on alt-A mortgage ... Apple leads this pack of global all-stars. See which other companies are among the world's most admired. more
    2008-03-13 08:29:00
  • Bank finds 'politeness' is a driver of growth

    Detroit News - The state added three new banks last year and managers still see opportunities in this soft economy as consumers who worked with mortgage companies look to banks for help refinancing loans.
    2008-03-13 05:16:00
  • Layoffs hit three Bay Area companies Cuts impact 260 workers

    Inside Bay Area - The mortgage meltdown has erased more jobs in the East Bay, which is being hammered with losses from a widening array of industries. In the most recent round of employment cutbacks, about 260 people lost their jobs in Concord. The reductions involved ...
    2008-03-13 03:42:00
  • Mortgage Asset Research Institute (Mari) Company Profile - View ...

    Atlanta Business Chronicle - Since 1990, MARI has grown to become an industry recognized leader and premiere provider of information solutions about mortgage professionals and companies.
    2008-03-13 08:00:00
  • Carlyle Capital Nears Collapse as Rescue Talks Fail (Update6)

    Bloomberg - Other funds hit include Peloton Partners LLP's $1.8 billion ABS Fund, Tequesta Capital Advisor's mortgage fund and Focus Capital Investors LLC, which invested in midsize Swiss companies.
    2008-03-13 09:12:00
  • U.S. Home Foreclosures Rise 60% in February as Mortgages Reset

    Bloomberg - A surge in defaults among subprime borrowers spurred the collapse of the U.S. home loan market and has led more than 100 mortgage companies to stop lending, close or sell themselves.
    2008-03-13 06:13:00
  • U.S. mortgage mess creeps north

    Globe and Mail - The company, launched early last year, was created to originate and buy "non-conforming" home mortgage products on behalf of institutional investors and securitization providers - companies that package loans to sell them as bonds.
    2008-03-13 04:54:00
  • S&P Sees End to Subprime Mortgage Writedowns

    CNBC - One of the suggestions Bernanke made was for mortgage and other financial companies to reduce the amount of the loan to provide relief to a struggling owner.
    2008-03-13 08:29:00
  • Treasury: More Mortgage Oversight Needed

    CBS News - The recommendations come as the meltdown in the housing and credit markets has unhinged Wall Street, catapulted home foreclosures to record highs and forced financial companies to rack up multibillion losses on bad investments in mortgage backed ...
    2008-03-13 09:19:00
  • MBA 2007 MARI Report Exposes and Explores Residential Mortgage Fraud ...

    MSN MoneyCentral - Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field.
    2008-03-13 07:53:00
  • Bank finds 'politeness' is a driver of growth

    Detroit News - ... bank as a necessary evil, but our clients like us," said Nash who oversees commercial, consumer, private, residential mortgage ... Buyouts represent another opportunity for Michigan banks as displaced workers seek advice for handling these one-time payouts
    2008-03-13 05:16:00
  • Understands the Loan Servicing Industry Better with Fight Foreclosure

    Forbes - ... www.researchandmarkets.com/reports/c85880) has announced the addition of "Fight Foreclosure!: How to Cope with a Mortgage You ... In Fight Foreclosure!, David Petrovich offers honest advice on all of your options, weighs the pros and cons of each, and ...
    2008-03-13 03:57:00
  • Is a safe retirement in the cards?

    KARE - And he offers advice to the working generation. "I'd say you should plan on getting your mortgage paid off by the time you retire," says Franzmeier.
    2008-03-13 04:25:00