Mortgage and Financial News From 2007-8-27 Page 4

RSS Feed

Previous Day: 2007-08-26

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • Housing Report Stings Local Companies

    Los Angeles Business Journal - After making up ground last week, many of L.A.’s real estate, homebuilder and mortgage lending companies took a hit Monday after word of the report hit Wall Street. Santa Monica-based Fremont General Corp., whose shares were up more than 24 percent ...
    2007-08-27 09:12:00

  • Credit Ills Hit Outsourcers

    Wall Street Journal - BANGALORE, India -- Back-office outsourcing companies in India are being forced to redeploy staff members to different service lines as client losses and declining volume amid the U.S. subprime-mortgage turmoil bite into revenue. Many back-office ...
    2007-08-27 07:32:00

  • BB&T to acquire commercial mortgage company

    WebWire - One of the largest privately owned commercial mortgage companies in the nation, Collateral’s production volume was more than $5 billion in 2006. Collateral has about 180 employees in its 14 offices and Birmingham, Ala.-based corporate headquarters ...
    2007-08-27 12:01:00

  • Oxford Funding Acquires Another Mortgage Portfolio

    Forbes - Oxford Funding (OTC:OXFD) is pleased to announce that they are the winning bidders in yet another auction of mortgage portfolios from a national lender. As a result of the liquidity crunch in subprime financing, many companies are now discounting ...
    2007-08-27 03:57:00

  • Senator Urges Unethical Lender Crackdown

    Forbes - Despite that credit crisis, some mortgage companies continue advertising that entices homebuyers with misleading loan offers, Schumer told a news conference on Sunday. "Banks should not be offering these loans and sucking more New York homebuyers and ...
    2007-08-27 03:50:00

  • Companies' Layoffs Hit Home in California Town

    NPR News - Day to Day , August 27, 2007 · Mortgage giant Countrywide Financial recently announced that it will eliminate 500 jobs. Countrywide's corporate headquarters is based in Thousand Oaks, Calif., which is also home to many employees of the biotech ...
    2007-08-27 04:47:00

  • Past coverage

    Newsday - LI company to represent creditors in AHM case There's something different about one of the seven companies the U.S. Trustee in Delaware selected Tuesday to represent creditors in American Home Mortgage's bankruptcy proceedings: Picked along with five ...
    2007-08-27 09:05:00

  • On Time Capital Announces Available Mortgage Products to Realtors and ...

    Forbes - Attendees will also hear from Samantha Steen, Manager of MGIC on how mortgage insurance companies are going to play a role in market recovery. Finally a surprise guest speaker, a successful Realtor and real estate industry veteran, will address how ...
    2007-08-27 04:12:00

  • Sector Snap: Mortgage Banks

    CNBC - Townsend said PNC Financial Services Group Inc. and U.S. Bancorp also have light exposure to risky mortgage debt. Among companies with too much exposure to riskier debt are Fifth Third Bancorp and SunTrust Banks Inc., and to a lesser extent National ...
    2007-08-27 07:03:00

  • Wall Street slips on housing and growth worries

    CNBC - Other mortgage companies' shares followed suit, with Accredited Home Lenders dropping 3.8 percent to $5.81. Shares of GE declined 0.9 percent to $39.05, while United Technologies fell 0.7 percent to $73.82. Fears that financing for deals ...
    2007-08-27 07:03:00

  • US subprime crisis hits Indian outsourcing companies handling mortgage ...

    International Herald Tribune - BANGALORE, India: Indian outsourcing companies that process mortgages are seeing a decline in work orders and loss of revenue because of the U.S. subprime crisis. Several companies have started redeploying their staff, moving some of those assigned ...
    2007-08-27 03:36:00

  • Schumer rips mortgage firms' advertising practices (Newsday)

    Mortgage firms should stop running "deceptive advertising" for subprime loans and provide assistance to homeowners who can afford to refinance, Sen. Charles Schumer said yesterday.
    2007-08-27 04:53:36

  • Executives, buying shares in their own companies, signal better times for investors (International Herald Tribune)

    Chief executives and directors of financial firms bought more shares in their companies in August than in any month since 1995.
    2007-08-27 09:53:35

  • Companies' Layoffs Hit Home in California Town (NPR)

    Mortgage giant Countrywide Financial recently announced that it will eliminate 500 jobs. Countrywide's corporate headquarters is based in Thousand Oaks, Calif., which is also home to many employees of the biotech company Amgen. Amgen recently announced that it is laying off 2,500 staffers nationwide.
    2007-08-27 06:41:06

  • Sector Snap: Mortgage Banks (AP via Yahoo! Finance)

    Not all bank mortgage portfolios are created equal, a security analyst said Monday, adding that the sector's current turmoil will reward banks entitled to a mortgage borrower's first payments and punish rivals that have to wait for second payments.
    2007-08-27 06:52:46

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40