11/10/2008 News For:
Decision One Mortgage Company
GM says GMAC mortgage unit may not survive DETROIT -- Bad news kept piling up for General Motors Corp. on Monday as its shares plunged to their lowest point in 60 years and the company said in a government filing that the mortgage unit of its finance arm may not survive.
GM says GMAC mortgage unit may not survive Bad news kept piling up for General Motors Corp. on Monday as its shares plunged to their lowest point in 60 years and the company said in a government filing that the mortgage unit of its finance arm may not survive. GM also said that Delphi Corp., its...
Fannie Mae loses $29 bln on tax, mortgage charges BOSTON MarketWatch -- Mortgage-finance giant Fannie Mae on Monday reported a $29 billion third-quarter loss as the company continued to get slammed by the housing crunch and the upheaval in credit markets.
Hanover Capital Mortgage Holdings, Inc. Announces Initial Filing of Registration Statement Hanover Capital Mortgage Holdings, Inc. announced today that it has filed a registration statement and related proxy statement/prospectus with the Securities and Exchange Commission in connection with the proposed merger of JWH Holding Company, LLC , a wholly-owned subsidiary of Walter Industries, Inc. , into Hanover.
GM shares sink, says GMAC mortgage unit may not survive Bad news kept piling up for General Motors today as its shares plunged to their lowest point in 60 years and the company said in a government filing that the mortgage unit of its finance arm may not survive.
Walter Industries, Inc. Announces Filing of Initial Registration Statement by Hanover Capital Mortgage Holdings, Inc. Walter Industries, Inc. , a leading producer and exporter of U.S. metallurgical coal for the global steel industry, announced today that Hanover Capital Mortgage Holdings, Inc. has filed a registration statement and related proxy statement/prospectus with the Securities and Exchange Commission in connection with the proposed merger of JWH Holding Company, LLC , a wholly-owned subsidiary of ...
Summary Box: Mortgage titan Fannie Mae may need government aid as losses rise - THE RESULTS: Government-controlled mortgage giant Fannie Mae posted a $29 billion loss in the third quarter, mainly from a more than $21 billion tax-related charge. The company also lost more than $9 billion as a result of bad loans.
US mortgage finance giant Fannie Mae posts 29 bln dlr loss Fannie Mae, the US mortgage finance giant bailed out by the government, reported Monday a third-quarter loss of 28.99 billion dollars due to the slump in the real estate sector.
Fannie May reports $29B quarterly loss as mortgage defaults swell WASHINGTON - Government-controlled mortgage finance company Fannie Mae said Monday it lost $29 billion in the third quarter as it took a massive tax-related charge and saw mortgage defaults continue to rise.
Thornburg Mortgage Reports 3Q Earnings SANTA FE, N.M.----Thornburg Mortgage, Inc. , today reported net income for the quarter ended September 30, 2008, of $140.0 million, or $1.23 diluted earnings per common share based on a weighted average of 110.1 million common shares and penny warrants outstanding.
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