Mortgage News from Around the World
Mitsubishi UFJ May Make `Major' Overseas Acquisition (Update1)Bloomberg - 5 Japan's largest banks have suffered smaller losses than overseas peers from investments in the...
Asian Stocks Rise in US, Led by BHP Billiton, Mitsubishi UFJBloomberg - 1 hour ago ... in oil prices lifted energy and raw-material producers...
Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) - Mitsubishi UFJ to ... Research Oracle, UK - 7 Considering MUFJ’s exposure to the US mortgage market, we...
MGIC to Inject Up to $1 Billion in Unit After Loss Bloomberg July 16 (Bloomberg) -- MGIC Investment Corp., the largest...
Treasuries Head for Best Year Since 1995 as Recession DeepensBloomberg - 4 ... which can trigger changes in levels of expected mortgage refinancing...
UBS Appoints Goldman's Kengeter as Fixed Income Head (Update1)Bloomberg - 6 The consultants recommended UBS invest in, among other things, US mortgage securities and...
GMAC to Sell Home Services Unit to Brookfield Asset (Update1)Bloomberg - 8 Earlier this month, the company dismissed 5000 ResCap employees, or 60 percent...
Covered Bonds Head for Worst Month Since 1999 on Credit TurmoilBloomberg - 42 25 (Bloomberg) -- Covered bonds, securities which Treasury Secretary Henry Paulson...
GMAC's Home Loan Unit Will Fire 5000 Workers, Shut 200 OfficesBloomberg - 8 ... unit plan to fire 5000 employees, or 60 percent...
Lehman’s Subprime-Mortgage Unit Files for BankruptcyBloomberg - 3 Irvine, California-based BNC Mortgage originated, bought and sold residential mortgage loans . Lehman bought the unit,...
GMAC Unit Ends Auto Loans in Seven European Countries (Update2)Bloomberg - 3 Since July, GMAC has sold its home-services unit, closed all 200 GMAC...
Bank of America Credit-Card Unit Loses $373 Million on DefaultsBloomberg - 8 The latest results included Countrywide Financial Corp., the largest US mortgage lender,...
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