Mortgage and Financial News From 2008-1-9 Page 34
Previous Day: 2008-01-08
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26 27 28 29 30
31 32 33 34 35 36 37 38 39 40 41 - 60 61 - 80 81 - 100
-
MBIA Unveils Plans to Protect Ratings
Forbes - But analysts said investors doubted all of the bad news was out, and the shares ... of anticipated losses on insured bonds backed by home equity lines of credit. The ... insurance has been one of the hardest-hit industries during the subprime mortgage ...
2008-01-09 01:10:00 -
Stocks trip again
CNN Money - ... afternoon, resuming the recent selloff, after more problems for the mortgage lenders ... It's been a bad start to the year," said Greg Church, president at Church ... growing worries that the economy could be headed for a recession amid the credit ...
2008-01-09 11:15:00 -
Business Minute: Stocks head south...Oil prices flat...Countrywide ...
WDAM-TV - This Week in Money Money Home For Small Businesses Credit and Debt Insurance Center Real Estate Finances Sun Sign Guide to Money 66 ... LOS ANGELES (AP) - Shares of Countrywide Financial are down 15.5% today after the nation's largest mortgage lender said the ...
2008-01-09 10:03:00 -
Market Report -- Story Stocks (MBI)
MSN MoneyCentral - The company expects about $737 million in losses and related expenses for the fourth quarter, given its exposure to bad debt from the collapse in the subprime mortgage market and ensuing credit crisis. In a separate statement, MBIA also said it ...
2008-01-09 06:57:00 -
Bank of America's Countrywide trap
CNN Money - Bank of America's Countrywide trap The financial behemoth's $2 billion investment in the mortgage lender is disappearing fast. Too bad its ... And Lewis, who's been criticized for paying top dollar for, among other companies, credit-card lender ...
2008-01-09 12:12:00 -
Citigroup to merge home-loan units
Chicago Tribune - Furthermore, the bank, like many of its peers, did not have sufficient risk management tactics in place to hedge against the mortgage and credit crisis that erupted over the summer. Bad bets on mortgages have led to billions of dollars in losses ...
2008-01-09 03:15:00 -
Derivatives Indexes Reflect Anxiety
Wall Street Journal - Benchmark corporate derivative indexes, which reflect investors' confidence in the credit markets, hit record weak levels Wednesday as concerns of impending recession and more bad news from various mortgage lenders and bond insurers sent already ...
2008-01-09 12:55:00 -
Washington Mutual Drops on Mortgage Market Concerns (Update3)
Bloomberg - Washington Mutual Drops on Mortgage Market Concerns (Update3) By Andrew Frye Jan. 9 ... 190 loan offices, cutting staff about 6 percent and reducing its dividend as bad ... Credit-default swap contracts on Washington Mutual climbed 90 basis points to a ...
2008-01-09 12:34:00 -
Stocks close up before earnings season
MSNBC - ... has caused intense market volatility since the start of the year, with stocks rising on hopes for more interest rate cuts, and plunging as investors doubt that will be enough. The market is also worried about how fallout from the mortgage and credit ...
2008-01-09 01:10:00 -
How a credit crunch may hurt the world economy
Christian Science Monitor - So they are turning more cautious and reining in access to credit. It's not just mortgage loans that are going bad. Default rates are also rising for auto and credit card loans. Also at risk are loans to corporations making leveraged buyouts ...
2008-01-09 10:25:00 -
Countrywide’s bad loans surge
MSNBC - ... ANGELES - Countrywide Financial Corp.’s shares tumbled for the second day Wednesday after the nation’s largest mortgage ... Subprime borrowers often have shaky credit repayment histories. Home equity loan originations also declined last month to $1 ...
2008-01-09 12:27:00 -
Negative talk could lead to recession say National Homebuyers - ClickPress (press release)
Negative talk could lead to recession say National HomebuyersClickPress (press release), UK - 6 hours agoThe latest set of damaging figures came in the form of the Bank of England Credit Conditions survey, which painted a bleak picture of the UK mortgage market ...
2008-01-09 06:54:19 -
MBIA to Cut Dividend, Raise Capital - Briefing.com
MBIA to Cut Dividend, Raise CapitalBriefing.com, CA - 6 hours ago... and related expenses for the fourth quarter, given its exposure to bad debt from the collapse in the subprime mortgage market and ensuing credit crisis. ...
2008-01-09 07:07:30 -
Risk of US Recession and Implications for Financial Markets - RGE Monitor
Risk of US Recession and Implications for Financial MarketsRGE Monitor, NY - 6 hours agoVarious estimates quantify mortgage related losses between of $200-$400 billion which might lead to a of $2 trillion contraction in aggregate lending/credit ...
2008-01-09 07:08:22 -
Herhold: Tiger drama now driven by dollars - San Jose Mercury News
Herhold: Tiger drama now driven by dollarsSan Jose Mercury News, USA - 6 hours agoJust don't bet your non-subprime mortgage on finding the truth anytime soon. Each side is trying to probe the other's weaknesses ahead of the clash over ...
2008-01-09 07:08:52
Page: 1 - 20 21 22 23 24 25 26 27 28 29 30
31 32 33 34 35 36 37 38 39 40 41 - 60 61 - 80 81 - 100
