Mortgage News from Around the World
Greenspan admits ideology 'flaw'Boston Globe, United States - 8 Former Fed governor Edward Gramlich, who died in 2007, had urged Greenspan to strengthen oversight...
Fallout from Greenspan’s free-market ideology hits hardKansas City Star, MO - 9 ... bubble until it burst, and who refused to use the powers...
We have found the flaw and it be us...TPM, NY - 5 But in France there is very little mortgage refinancing ...or 'taking out' of...
Abandoning manufacturing was fatal flawYorkshire Post, UK - 5 In my opinion, by good stewarding by the mortgage lenders and borrowers this situation can be...
Different Towns. Different Ideology. Same Parties?New York Times Blogs, NY - 3 The troubled mortgage lenders Fannie Mae and Freddie Mac are co-sponsoring gatherings on...
Swiss Central Bank Cuts Rate to 0.5%, Recession Looms (Update4)Bloomberg - 18 Credit market turmoil is hurting Switzerland, where financial companies from insurers to...
Swiss Re Second-Quarter Net Falls 53% on Writedown (Update4)Bloomberg - 5 The company said last month it had $9.6 billion of corporate debt from...
UK Unemployment Jumped the Most Since 1992 in June (Update4)Bloomberg - 1 hour ago HBOS Plc, the UK's biggest mortgage lender, said last week...
Fed Keeps Rate at 2% as Economic Growth Stagnates (Update4)Bloomberg - 4 Shares of Fannie Mae, the largest US mortgage -finance company, and Freddie...
Greenspan Tells WSJ Fannie, Freddie Deserved Breakup (Update1)Bloomberg - 1 hour ago The two government-sponsored, shareholder- owned firms account for almost half of the $12...
Nomura Has Unexpected Loss on Provisions, Trading (Update4)Bloomberg - 2 Nomura stopped buying US subprime mortgage loans and repackaging them as securities after losing...
Greenspan Doubled Bubble, Toil, Trouble: Holiday Business BooksBloomberg - 1 hour ago ... a damning account of how former Fed Chairman Alan Greenspan inflated...
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