Peloton to Liquidate ABS Fund After Mortgage Losses (Update4) (Bloomberg.com) Feb. 28 (Bloomberg) -- Peloton Partners LLP, the London- based hedge-fund firm run by former Goldman Sachs Group Inc. partners, is liquidating its ABS Fund after ``severe'' losses on mortgage-backed
Housing Frenzy May Be Fading For months, real estate experts and pundits have been debating the possibility that the frenzied national housing market may be cooling off.read more...
FHA hikes ceiling on mortgages (Reg Req'd) By Andrew LePage -- Bee Staff Writer Published 2:15 am PST Wednesday, January 4, 2006 Get weekday updates of Sacramento Bee headlines and breaking news.read more...
Dollar climbs to two-year high against yen on rate prospects The dollar pushed higher and hit a two-year peak against the yen on inflation data that bolstered prospects for continued interest rate hikes, along with a favorable report on capital
Landmark mortgage bill clears Congress (The Politico) Measure gives administration new tools to try to shore up mortgage markets. See also: Fish in the sun read more...
Wachovia swallows AmNet Mortgage for $83 million (San Diego Daily Transcript via Yahoo! News) One day after purchasing auto finance provider Westcorp, Wachovia Corp. announced Tuesday that it will acquire San Diego-based AmNet Mortgage Inc. for $83 million.read more...
Shares of CIT Group Inc. dropped Wednesday, adding to a stream of disappointments after the lender announced a second-quarter loss, lowered its outlook for the second half of the year, and said it was shedding its mortgage unit.
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