Mortgage
20:16 :
US financial crisis panel to study Fannie, Freddie -
WASHINGTON, March 11 (Reuters) - A congressionally-appointed commission exploring the roots of the financial crisis said on Thursday it will hold a hearing in April to study supbrime lending and U.S.
mortgage finance giants Fannie Mae|Fannie ...
09:04 :
Northern Rock shrinks losses in 2009 -
LONDON (Reuters) - Nationalised
mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.
10:29 :
Persimmon swings to profit -
By Lorraine Turner LONDON (Reuters) - Housebuilder
Persimmon (Persimmon PLC) swung to a full-year profit aided by a substantial writeback as weak
mortgage data in January weighed and added it would continue to reduce its ...
20:46 :
Freddie to snub exotic home loans -
Freddie Mac, the US government-controlled
mortgage financier, said that it would stop buying one of the exotic types of home loan that grew in popularity during the credit bubble, signalling a return to more traditional ...
12:18 :
Builders bullish despite mortgage pain -
By Lorraine Turner LONDON (Reuters) - The UK's housebuilding sector is emerging from the doldrums of 2009, but a raft of results on Wednesday showed that any rebound will be muted by the uncertainty of the macroeconomic picture and weakness in
mortgage ...
21:20 :
TCW mortgage funds win majority vote from investors -
NEW YORK, Feb 22 (Reuters) - A majority of institutional investors in TCW Asset Management Co.'s Special Mortgage Credits Funds I and II have decided to remain in those portfolios, a spokeswoman at the firm said on Monday.
01:32 :
S&P sees UK mortgage defaults down -
LONDON (Reuters) - Expectations for defaults and losses in residential mortgage-backed securities continue to rise sharply in the
United States, while tailing off in Britain, even as its economy has been slower to recover, a survey ...