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Lawmaker Promises Fair Judgment  read more...


Mortgage rates drop  Mortgage rates fell this week, and IndyMac, a large lender, stopped lending.read more...


Top mortgage lender gets loan (The Plain Dealer)  Los Angeles - Countrywide Financial Corp. borrowed $11.5 billion on Thursday to buy itself some time to ward off bankruptcy - the fate that has befallen some of its smaller


WBNS-10TV Columbus, Ohio: City Confirms Fire Inspector Problems  The Columbus Division of Fire released findings Monday from its own internal investigation, confirming problems in the fire inspection bureau.via


First Horizon shares rise on sale of mortgage unit (AP via Yahoo! Finance)   Shares of First Horizon National Corp. rose Wednesday the regional bank agreed to sell residential mortgage business to a subsidiary of MetLife Inc.read more...


Washington Mutual Net Rises as Mortgage Loss Eases (Update1) (Bloomberg.com)  July 18 (Bloomberg) -- Washington Mutual Inc., the biggest U.S. savings and loan, said second-quarter profit rose 8.2 percent as losses on mortgage lending narrowed and expenses fell.read more...

September 26th, 2007

Cantor builds up mortgage-backed securities (eFinancial News)

Despite being burned by the sub-prime fallout earlier this year, Cantor Fitzgerald is ramping up its mortgage-backed securities business just as masses of troubled debt are expected to come to market.

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