Mortgages and Loans help
“While we anticipated a difficult trading environment, the severity of the unrealized valuation losses and decline in value of our investments were beyond our expectations”
By STEPHEN BERNARD The Associated Press Thursday, May 8, 2008; 5:32 PM NEW YORK —American International Group Inc. via Washington Post
President Bush flanked by House Minority Leader John Boehner, R-Ohio, right, and House Republican Whip Roy Blunt, R-Mo., left, walks from Cross Hall to make a statement, Wednesday, May 7, 2008, after he met … via Topeka Capital-Journal
NEW YORK, May 8 – Fremont General Corp , which quit subprime mortgage lending last year, on Thursday said it agreed to sell its remaining mortgage servicing rights to Litton Loan Servicing LP, an affiliate of Goldman Sachs Group Inc .
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NEW YORK, May 8 – Fremont General Corp , which is selling much of its operations after quitting subprime mortgage lending last year, on Thursday said it agreed to sell its remaining mortgage servicing rights to Litton Loan Servicing LP, an affiliate of Goldman Sachs Group Inc .
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Federal prosecutors charged two former executives of a Brooklyn-based mortgage lender with conspiracy, wire and bank fraud Thursday.
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LONDON -(Dow Jones)- The number of mortgage possession claims and orders in county courts in England and Wales rose in the first quarter as the housing market continued to suffer from the impact of the global credit crisis, data from the Ministry of Justice showed Friday.
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ASB Bank today lowered some its key fixed mortgage lending rates after wholesale rates plunged yesterday following shock jobs data.
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(CNN Student News)—Record the CNN Special Investigations Unit Classroom Edition: Busted! Mortgage Meltdown when it airs commercial-free on Monday, May 12, 2008, from 4:00—5:00 a.m. ET on CNN. (A short feature begins at 4:00 a.m. and precedes the program.)
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Two former owners of a defunct mortgage firm were charged on Thursday with stealing $44 million from Fannie Mae and forging paperwork in loan sales to Credit Suisse.
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Thirty-year fixed-rate mortgages averaged 6.05 percent this week, down 0.01 percent from last week, mortgage giant Freddie Mac reported Thursday.
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