Mortgage market woes spill over into funding market for M&A deals (BizJournals)
Worries about the subprime mortgage market have spilled over into the leverage loan market, making merger and acquisition plans a tough sell to investors.
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Mortgage defaults hurting housing market, economy, Fed chief says (Chicago Tribune) Fed Chairman Bernanke adds that subprime mortgage woes unlikely to spill over into financial system Defaults and payment delinquencies by high-risk mortgage borrowers are hurting the housing
Housing woes lead to Freeman layoffs "We've had slower sales because of the market" FENWICK ISLAND -- Feeling the pinch of a sluggish real estate market, Bayside in Fenwick Island has cut nearly 30 percent
Mortgage rates keep falling (BizJournals) After steadily rising for nine straight weeks, mortgage rates have declined for the past four weeks.via
CONSUMER ALERT : Mortgage firms settle complaints (Courier-Post) Two national mortgage servicing companies accused of charging illegal fees and intimidating homeowners agreed to forgive nearly $11 million in debt to 267 West Virginians who lost their homes in
Banks Give Bankrupt Mortgage Company Customers More Time (WGAL via Yahoo! News) Banks have agreed to extend to Jan. 31 an agreement not to foreclose on customers of the bankrupt Personal Financial Management mortgage company. Friday, Nov. 30, had been the
Subprime crisis shines spotlight on mortgage broker practices (Market Watch) SAN FRANCISCO (MarketWatch) - The subprime mortgage crisis has re-ignited scrutiny of the industry and people who broker home loans, with some critics arguing that hidden fees and other dubious