Mortgage News from Around the World
UBS said to continue job purgeInvestmentNews, NY - 5 ... quarterly profit in four quarters last month but also incurred $4.4 billion of write-downs...
NY Fed to begin buying MBSInvestmentNews, NY - 4 The New York Fed is buying fixed-rate MBS guaranteed by mortgage lenders Fannie Mae of Washington,...
UBS gains, Principal plummetsInvestmentNews, NY - 5 ... affected by the credit crunch, with 5.1 billion francs ($4.4 billion) of write-downs incurred during the...
Four steps toward restoring investor confidenceInvestmentNews, NY - 2 At the moment, it appears that some of the mortgage lenders are starting to pursue a...
Housing law cracks down on loan originatorsInvestmentNews, NY - 2 Under the legislation, a nationwide mortgage licensing system and registry will be set up to...
It's time for a federal financial services agencyInvestmentNews, NY - 3 ... investment banks, national insurance companies, Fannie Mae and Freddie Mac (if they...
Bear to pay $28M to settle loan grievanceInvestmentNews, NY - 10 Inc. and its subsidiary, EMC Mortgage Corp., have agreed to pay $28 million to...
IndyMac may not be last bank to fail, analysts sayInvestmentNews, NY - 3 "About 80% of the mortgage loans are, in one form or another,...
Financial advisers bullish on mortgage refinancingInvestmentNews, NY - 3 By Janet Morrissey As mortgage rates dip to 38-year lows, financial advisers are urging clients to...
Agents flock to referral firm for mortgagesInvestmentNews, NY - 3 By Darla Mercado Despite the tarnished reputation of the reverse mortgage , a mortgage referral...
Congress abdicates its fiduciary dutyInvestmentNews, NY - 3 19 press conference, Mr. Paulson referred to the troubled mortgage loans as "illiquid assets" and noted the...
Print more money, urges economic sage Anna SchwartzInvestmentNews, NY - 3 Dean Baker, co-director of the Center for Economic and Policy Research in Washington, contends...
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