Fannie Mae Reports Record Loss After Asset Writedowns (Update1) Bloomberg - 1 hour ago They make money by financing mortgage-asset purchases with low-cost debt and on guarantees of home-loan securities they create out of loans from lenders. ... |
In brief: Pension shortfall Kansas City Star, MO - 1 hour ago •Avoid pulling out funds or taking a loan from your 401(k). •Avoid borrowing against your home equity to fund current expenses. •Avoid turning to credit for ... |
 CEP News | GMAC's ResCap Exposure May Be Capped By Old Agreement CNNMoney.com - 54 minutes ago The mortgage unit, among the largest lenders of risky home loans at the peak of the residential real estate bubble, is struggling with losses on those ... Principal Financial Group, Inc. Q3 2008 Earnings Call Transcript Seeking Alpha all 378 news articles |
US funds could stimulate LV credit In Business Las Vegas, NV - 3 hours ago The equity sale would give City National more available credit to lend to thriving industries, such as the legal profession, some segments of health care ... |
 AsiaOne | Credit checks cut risks if deferred payments return AsiaOne, Singapore - 4 hours ago When home buyers purchase a property on DPS, without committing to any bank loan, there is no credit assessment done to see if they have the means to ... |
Global credit crisis: is greed the culprit? MercatorNet, Australia - 3 hours ago Neither he nor the board had anticipated that the bank’s loan book would grow to $3 billion over five years entitling the CEO to a payment of $15 million, ... |
Vehicle sales continue to plunge Jackson Clarion Ledger, MS - 16 hours ago One in three buyers stayed home. Worries about jobs, the economy, credit and higher costs of living impacted sales. Dealers said credit, by-and-large, ... |
Reverse mortgages: Be careful with whom you deal Bradenton Herald, United States - 1 hour ago In such cases, you may be better off taking out a home-equity line of credit, or you may be able to generate more income by selling your home and moving to ... |
First Resource Bank Announces Third Quarter Results PR Newswire (press release), NY - 33 minutes ago ... 2008 totaled $826429, comprised of one $637098 commercial construction loan relationship and two unrelated home equity lines of credit totaling $189331. ... |
Industry’s dirty linen pile expected to grow Financial News, UK - 16 hours ago splashed across its home page. The sign could become a poster for an increasing wave of failures of private equity-owned companies which is expected to ... |
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