The Credit Crunch Cuts Deeper and Wider On Wall Street, the yearlong credit crunch continues to hog headlines. For example, the future is still in question for investment banks like Lehman Brothers and mortgage financiers BusinessWeek.com, 8/22/08 Fannie Mae and Freddie Mac .
Fitch Affirms Credit Suisse Commercial Mortgage Trust, Series 2006-C1 NEW YORK----Fitch affirms Credit Suisse Commercial Mortgage Trust 2006-C1, commercial mortgage pass-through certificates as follows
Mortgage Solutions for Bad Credit Clients May Revitalize the Industry DALLAS----i3 Solutions today announced that Chris Reshetar - The Mortgage Genius - was able to close more bad credit mortgage loans then ever before by utilizing i3 Solutions' S.O.S. - Score Optimization System, the latest technology in the credit repair industry.
Massive £40,000 deposit needed to buy a home as credit crunch unnerves mortgage lenders The average deposit needed to buy a home has almost doubled in a year to nearly £40,000, putting property ownership far beyond the reach of most first-time buyers.
Asian Stocks Fall on Credit Concerns, Earnings; Banks Decline Aug. 26 -- Asian stocks fell the most in a week, led by financial companies, as widening credit-market losses slow regional growth and dent earnings.
Asian Stocks Fall on Credit Concerns, Earnings; Banks Decline Aug. 26 -- Asian stocks fell, led by financial companies, on renewed speculation widening credit-market losses will dent earnings growth. Mitsubishi UFJ Financial Group Inc.
The Credit Crunch Cuts Deeper and Wider Despite lofty commodity prices and signs of inflation, tight credit continues to torment investors and economists. Can U.S. exports save the day?
Asian Stocks Fall on Credit Concerns, Earnings; Banks Decline Aug. 26 -- Asian stocks fell, led by financial companies, as speculation American International Group Inc. will post a loss reignited concern widening credit writedowns will dent earnings growth.
Buy-to-let mortgage demand falls Buy-to-let investors have been hit by the mortgage squeeze alongside other homeowners, new figures suggest.
Thornburg Mortgage 2nd-quarter profit jumps Troubled mortgage lender Thornburg Mortgage Inc. said late Monday that its profit increased by more than five times in the second quarter, due to big one-time gains from the sale of assets and decreases in the fair value of certain items.
Gilts Gain as Mortgage Approvals Fall to Lowest Level in Decade Aug. 26 -- Two-year U.K. government notes rose by the most in almost two months as an industry report showed mortgage approvals held near the weakest level in a decade.
Credit still tight despite low Fed rate: minutes Federal Reserve members dismissed the notion of easy money at their policy meeting earlier this month, saying credit costs remain "elevated" despite the low 2.0 percent central bank rate, according to minutes released Tuesday.
Mortgage fraud soars in first quarter, report says Reported incidents of mortgage fraud in the United States jumped 42% in the first quarter of 2008 from a year earlier, with Florida reporting the highest number of cases, according to industry data released Monday.
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