Macquarie Bank Plans Mortgage-Backed Bond Sale, People Say (Bloomberg.com) Sept. 20 (Bloomberg) -- Macquarie Bank Ltd. is planning the first sale of mortgage-backed bonds in Australia in two months, tapping a market shut down by the U.S. subprime mortgage
Paulson: agreement near on effort to freeze mortgage rates (Siskiyou Daily News) AP Economics Writer WASHINGTON - Treasury Secretary Henry Paulson said Monday he is confident there will soon be an agreement to help thousands of homeowners avoid mortgage defaults by temporarily
Mortgage bank settles with state commissioner (BizJournals) Challenge Financial Investors Corp. has agreed to pay $848,000 to settle allegations of poor supervision and controls in its mortgage operations, according to an announcement from the N.C. Office of
Mortgage and a muffin (News Interactive) WESTPAC fired the latest shot in the battle for mortgage market share yesterday, transforming branches into Home Hunt Centres.read more...
US mortgage job losses 'topped 86,000 in 2007' (Stuff) Countrywide Financial Corp, New Century Financial Corp and other mortgage lenders cut 86,071 jobs last year as the US housing market deteriorated, new data shows.read more...
Fitch Upgrades Salomon Bros Mortgage Securities VII CDC Securitization Corp 2003-CDC1 (Business Wire via Yahoo! Finance) NEW YORK----June 19, 2006--Fitch Ratings upgrades the following classes of Salomon Brothers Mortgage Securities VII, Inc. CDC Securitization Corp., series 2003-CDC1: $14.9 million class D to 'AAA' from 'AA+';
“We seem to be finding a bottom in home sales even as prices keep falling”
The US stock market extended its rally Monday as a sharply higher price announced for the takeover of troubled investment bank Bear Stearns eased concerns about a financial sector meltdown. via ABS-CBN News
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