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Archive for July, 2007

Worst month for US equities in three years - MSNBC

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Worst month for US equities in three years
MSNBC - Jul 31, 2007
US stocks tumbled in late trading on Tuesday as investors responded to more bad news about the subprime mortgage market, bringing an end to the worst month ...
More scalps for mortgage belt Financial Times (subscription)
Moody's Says Some `Alt A' Mortgages Are Like Subprime (Update2) Bloomberg
Subprime mortgage problems go beyond subprime loans Marketplace
New York Times
all 17 news articles

Is Your Mortgage in Trouble? - BusinessWeek

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Washington Post

Is Your Mortgage in Trouble?
BusinessWeek - 16 hours ago
Your lender may have disappeared but (sorry) your mortgage isn't going to. Here's what does happen—and why you should worry by Maya Roney By the time ...
Ahead of the Bell: Mortgage Applications Forbes
Mortgage seekers caught in squeeze Boston Globe
Why Wilbur Ross Likes Subprime BusinessWeek
Reuters - BuildingOnline
all 367 news articles

How to reclaim an inflated mortgage exit fee - Sunday Herald

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Telegraph.co.uk
How to reclaim an inflated mortgage exit fee
Sunday Herald, UK - 4 hours ago
SOME OF the country's biggest lenders have scrapped mortgage exit fees after a clampdown by the Financial Services Authority (FSA). ...
Mortgage lenders stopped from levying excessive exit fees CityWire.co.uk
Bank charges: say goodbye to your lender and hello to an exit fee ... Telegraph.co.uk
Exit fees make a sneaky re-entrance The Observer
Motley Fool UK - Times Online
all 20 news articles

Another wave of bad news pounds the US mortgage market - International Herald Tribune

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Another wave of bad news pounds the US mortgage market
International Herald Tribune, France - 15 hours ago
By Julie Creswell and Vikas Bajaj NEW YORK: With little respite on the horizon, the US mortgage market has been hit with another wave of bad news, ...
Bear Stearns Blocks Withdrawals From Third Hedge Fund (Update5) Bloomberg
Another Bear hedge fund hit by mortgage turmoil MarketWatch
Mortgage Losses Still to Come, Investor Response Key Hedgeworld (subscription)
San Jose Mercury News - Reuters
all 247 news articles

Macquarie warns of US mortgage sector woes - The Age

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Macquarie warns of US mortgage sector woes
The Age, Australia - Jul 31, 2007
... but "supply demand imbalances" in the senior loans market, sparked by the collapse of the sub-prime mortgage market, was causing price volatility. ...
Macquarie calls for calm after market meltdown ABC Online
Macquarie Bank not at risk - Costello NEWS.com.au
Credit angst wipes off $47bn The Age
CNNMoney.com - The Age
all 169 news articles

US mortgage troubles trigger Wall Street slump - ABC Online

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


Earthtimes.org
US mortgage troubles trigger Wall Street slump
ABC Online, Australia - 3 hours ago
Again, the trigger for an investor rush to the exits has been the troubled mortgage market in the US. The home lender American Home Mortgage Investment Corp ...
US credit worries return Radio New Zealand
Wall St. set to fall on credit jitters Canada.com
Wall St rebounds Radio New Zealand
Sydney Morning Herald
all 29 news articles

Sector Wrap: Mortgage REITs - Forbes

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Sector Wrap: Mortgage REITs
Forbes, NY - 3 hours ago
AP 07.31.07, 4:48 PM ET Shares of mortgage real estate investment trusts plummeted Tuesday after American Home Mortgage Investment Corp. said the ...
RAIT Financial Trust (RAS) to Comment on Exposure to American Home ... StreetInsider.com (subscription)
Fallout Hits RAIT Financial TheStreet.com
RAIT Financial says American Home has not made payments Reuters
Houston Chronicle
all 8 news articles

Wall Street skids as mortgage troubles resurface - INQ7.net

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Wall Street skids as mortgage troubles resurface
INQ7.net, Philippines - 9 hours ago
NEW YORK -- Wall Street shares took a pounding Tuesday as news of spreading troubles in the mortgage sector prompted investors to pull in their horns, ...
Concerns Over Mortgage Industry Wipe Out Dow's One-Day Recovery Washington Post
Wall Street rally fizzles as American Home Mortgage problems ... International Herald Tribune
Mortgage lender's lack of cash, Apple rumor spook stocks St. Louis Post-Dispatch
Canada.com - Economic Times
all 100 news articles

GMAC reduces mortgage losses - Financial Times

by @ Tuesday, July 31st, 2007. Filed under Uncategorized


CNNMoney.com
GMAC reduces mortgage losses
Financial Times, UK - 5 hours ago
By Bernard Simon in Toronto GMAC, the financial services group owned by Cerberus Capital Management and General Motors, sharply lowered mortgage losses in ...
Mortgage losses, slow US sales may limit GM profits Detroit Free Press
GMAC 2Q Profit Tumbles on Mortgage Unit Forbes
GMAC's Earnings Decline 63% Wall Street Journal
WLNS - TheStreet.com
all 83 news articles

Impac Mortgage Holdings, Inc. Announces Dividend Payments on its … - CNNMoney.com

by @ Tuesday, July 31st, 2007. Filed under Uncategorized

Impac Mortgage Holdings, Inc. Announces Dividend Payments on its ...
CNNMoney.com - 5 hours ago
The Mortgage Operations acquires, originates, sells and securitizes primarily Alt-A residential mortgage loans, the Warehouse Lending Operations provides ...

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