Mortgage News from Around the World
WaMu Has $3.3 Billion Quarterly Loss on Delinquencies (Update2)Bloomberg - 3 Washington Mutual, which ranked sixth among US mortgage companies last year, was the...
Freddie, JPMorgan in Dispute Over Bad WaMu Loans (Update2)Bloomberg - 6 Ambac Financial Group Inc., the New York-based bond insurer, sued JPMorgan's EMC Mortgage...
Fed Takes Control of AIG With $85 Billion Bailout (Update2)Bloomberg - 1 hour ago UK mortgage lender HBOS Plc fell more than 50 percent...
Santander Buys Alliance & Leicester for $2.6 Billion (Update2)Bloomberg - 48 By Charles Penty and Ben Livesey July 14 (Bloomberg) -- Banco Santander SA,...
UBS to Split Investment Bank From Wealth Management (Update2)Bloomberg - 47 A mistimed bet on the US mortgage market led to more than $43...
Sumitomo Mitsui Profit Falls 51% on Bad-Loan Costs (Update2)Bloomberg - 3 ... debt during the period, overtaking foreign competitors such as Citigroup Inc....
Fannie Mae to Lift Mortgage Fees, Raising Loan Costs (Update2)Bloomberg - 5 5 (Bloomberg) -- Fannie Mae, the largest US mortgage - finance company,...
WaMu Has $3.3 Billion Quarterly Loss on Delinquencies (Update3)Bloomberg - 2 Washington Mutual, which ranked sixth among US mortgage companies last year, was the...
WaMu Assets Sold to JPMorgan in Record Bank FailureBloomberg - 4 WaMu, which ranked sixth among US mortgage companies last year, was the 11th-biggest...
Bank of America Earnings Drop Less Than Estimates (Update2)Bloomberg - 1 hour ago The world's biggest banks and brokerages have disclosed $447 billion of writedowns...
GMAC, Cerberus Accord With FDIC Provides $3 Billion (Update2)Bloomberg - 2 Residential Capital LLC, GMAC's mortgage unit, lost $5.3 billion during the past six...
Hartford Jumps 21% on Plan to Buy Bank, Seek US Aid (Update2)Bloomberg - 2 North American insurers have posted more than $100 billion in...
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