ABS primary market hosts $13 billion
Grant Catton, Asset Securitization Report—SourceMedia For the second week in a row, the U.S. ABS primary market has generated $13 billion in new issuance.
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Macquarie acquires Canadian mortgage company (Banking Business Review) Australian banking institution Macquarie Group has completed its acquisition of Cervus Financial Corp for C$12.5 million as part of the groups international expansion of its mortgage activities.read more...
Washington Mutual shutting El Paso site (Reg Req'd) Layoffs begin this month Tuesday, November 22, 2005 Inman News Washington Mutual , which bought credit card issuer Providian Financial Corp.read more...
Stocks End Week Stumbling Stocks in New York were sluggish for the entire session Friday and closed slightly to the downside as traders decided against making big bets after another erratic week.Commentread more...
Sheriff Predicted Layoffs If Budget Wasn’t OK’d read more...
the Dream Recedes as Loan Woes Grow: Mortgage woes spread "I was paying it, but I was kind of struggling." With a second child on the way, Chris Shields and his wife, Michelle, wanted to move from their two-bedroom
Freddie Mac Posts Another Giant Quarterly Loss Freddie Mac on Wednesday posted its fourth consecutive quarterly loss, set plans to slash its common stock dividend and warned of more difficulty ahead amid the steepest U.S. housing market