Central Pacific Mortgage buys Ivanhoe Financial (Orlando Business Journal) National mortgage banking firm Central Pacific Mortgage has bought Ivanhoe Financial Inc.'s retail branch offices, wholesale production operation and operations center.read more...
Q: How Big Is the Sub-Prime Mortgage Market? A: Not Very Big (Fox News) Column: The subprime mortgage problem is grossly overstated; the sector is just too small.read more...
Top Mortgage Executive Is Leaving Goldman Sachs (NYTimes.com via Yahoo! Finance) Daniel L. Sparks, head of Goldman Sachs?s mortgage division, is leaving after a successful bet on the declining value of subprime home loans helped the company produce record earnings
Foreclosures Mortgage foreclosures filed with the civil division of the Circuit Cout for June 7-14, 2006. Names in bold are the subject of, or have an interest in, the foreclosure action.
Directors Have Duty To Maintain Property read more...
AXA - Mortgage Fund Update (Scoop.co.nz) AXA New Zealand has today announced the suspension of three mortgage funds, the Mortgage Distribution Fund, the Mortgage Investment Fund and the AXA Mortgage Fund.read more...
Citigroup Inc. is expected to announce thousands of job cuts after posting dismal results for the fourth quarter, when the bank’s mortgage-riddled portfolio lost billions of dollars in value.
Citigroup Inc. swung to a loss of nearly $10 billion in the fourth quarter as it took a write-down of $18.1 billion for bad bets related to the mortgage industry, the bank said on Tuesday.
On the hunt for cash, the nation’s largest bank said Tuesday it also got a $12.5 billion investment from outside investors, including $6.88 billion from the Government of Singapore Investment Corp. Read more
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