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Bear Stearns Posts First Loss on Mortgage Writedowns (Update6) (Bloomberg.com)  Dec. 20 (Bloomberg) -- Bear Stearns Cos., the securities firm that helped trigger the collapse of the subprime market, reported its first-ever loss after writedowns for mortgage holdings and declines


Possible mortgage crisis fallout has experts up nights (Lexington Herald-Leader)  When Domenico Colombo saw that his monthly mortgage payment was about to increase by 30 percent, he had a clear picture of how bad it could get. His payment was


Luminent Mortgage Capital Announces a Quarterly Dividend of $0.30 Per Share for the Fourth Quarter Of 2006 (PR Newswire via Yahoo! Finance)   The Board of Directors of Luminent Mortgage Capital, Inc. today declared a cash dividend for the fourth quarter of 2006 of $0.30 per share, payable on January 31, 2007


Pimco's Gross Holds Most Mortgage Debt Since 2000 (Update1) (Bloomberg.com)  April 10 (Bloomberg) -- Pacific Investment Management Co.'s Bill Gross lifted holdings of mortgage debt in the world's largest bond fund to the highest since 2000, while putting on the


Mortgage rates back off again (CNN Money)  Mortgage rates eased slightly for the second week in a row after taking their biggest jump in four years two weeks ago, Freddie Mac said Thursday.read more...


'Housing hangover' killing jobs  "For the first time in many moons, the fourth quarter was a time for slowing sales in the United States and booming sales everywhere else in the world" Kathleen

February 29th, 2008

Big Banks Must Give Mortgage Details (AP via Yahoo! Finance)

Nine large banks must provide detailed information on mortgage delinquencies and foreclosures every month to a federal regulator.

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