Mortgage News

In the wake of Charles Prince’s departure, the former Treasury Secretary is named chairman. His first order of business: finding a new CEO

Original post by AnthonyK

The supply of homes for sale is at a nine-year high, and housing inventories across the U.S. are swelling dangerously

Original post by AnthonyK

Shares of the mortgage lender shot up 32% Friday after the company issued a rosy forecast

Original post by AnthonyK

The financial giant’s CEO took full responsibility for the 94% revenue loss last quarter. Heavy exposure to subprime mortgages was a big problem

Original post by AnthonyK

Don’t be spooked by the ghosts of 20 years ago, BusinessWeek′s Gene Marcial writes. Instead, scoop up some good stocks on the cheap

Original post by AnthonyK

As lenders cease making small, second loans, the homeownership rate is starting to decline, and the outlook for the housing market could worsen

Original post by AnthonyK

Why the big banks′ plan to help rescue the credit markets is off to a shaky start

Original post by AnthonyK

The financial giant’s shareholders aren′t celebrating the multibillion-dollar commercial paper rescue plan it’s formed with JPMorgan and BofA

Original post by AnthonyK

As agencies like S&ampP are blasted for the disconnect between mortgage-backed securities’ ratings and results, experts lament the SEC’s weak oversight authority

Original post by AnthonyK

S&P Ratings says the credit profile for U.S. industrial companies is at its weakest level ever—and it’s likely to get worse

Original post by AnthonyK