Six months after the storm, 2 glimpses of New Orleans
At first the signs were subtle. The airport was a bit quiet, but it was a Sunday afternoon.
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Tighter Mortgage Oversight Urged (Washington Post) WASHINGTON -- Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging
Go Wild; Just Go Easy It may be a jungle out there, but it's a safari inside! Animal prints are everywhere - on rugs and throw pillows, on towels and dessert plates.read more...
Japan's Nomura will shut U.S. mortgage business (USA Today) Nomura Holdings Inc., Japan's largest securities firm by revenue, said Monday it will shut down its U.S. residential mortgage-backed securities business, the latest casualty of the subprime mortgage crisis.read more...
FMF Capital Group Ltd. Announces Receipt of US$5.3 Million from Termination of Currency Hedge TORONTO, Jan. 10 /CNW/ - FMF Capital Group Ltd. announced today that it has received US$5.3 million as a result of its decision to terminate its rolling 60-month forward currency
First Horizon Acquires Republic Mortgage (AP via Yahoo! Finance) Financial services company First Horizon National Corp. on Wednesday said its home loans unit acquired Republic Mortgage LLC, which has four branches throughout the Las Vegas area.read more...
A Warning on Risk in Commercial Mortgages J. Larry Duggins of the Centerline Capital Group said, “There is some room for rent growth, but it’s not astronomical.” Spurred by the collapse of the subprime mortgage market,