Japan Financial Stocks Fall in U.S. on Mortgage Lender Concern (Bloomberg.com) July 8 (Bloomberg) -- Japan's financial stocks fell in New York after analysts said the two largest U.S. mortgage-finance companies may have to raise more capital, raising concern global banks
US favours tighter mortgage rules (BBC News) US Treasury Secretary Henry Paulson calls for a revision to mortgage rules, to avoid another credit crisis.read more...
FDIC has mortgage plan for IndyMac borrowers (AP via Yahoo! Finance) Federal regulators have worked out a plan to modify mortgage terms for troubled home borrowers holding loans from IndyMac Federal Bank, which the government seized last month after it
Officer charged in mortgage loan scam (WLFI Lafayette) Associated Press - May 17, 2008 3:34 PM ET SOUTH BEND, Ind. (AP) - A veteran police officer has pleaded guilty to bank fraud for
Late mortgage payments rose sharply in late summer (The Shreveport Times) Late mortgage payments shot up in the third quarter as higher interest rates squeezed budgets and made it harder for homeowners to keep their monthly obligations.read more...
Fitch Rates NovaStar Mortgage Funding Trust $1.79B Series 2005-2 (Business Wire via Yahoo! Finance) NovaStar Mortgage Funding Trust's $1.79 billion mortgage pass-through certificates, series 2005-2 which closed on May 27, 2005, are rated by Fitch Ratings as follows:via
Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country’s biggest mortgage lender and expands the financial services empire of the nation’s largest consumer bank. The acquisition will…
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