Archive for July, 2007

American Home Mortgage unable to borrow (CNN Money)

Tuesday, July 31st, 2007

Troubled mortgage lender said it has retained investment banks to help it consider options, may liquidate.

Original post by Yahoo! News Search Results for mortgage

America Home Mortgage unable to borrow (CNN Money)

Tuesday, July 31st, 2007

Troubled mortgage lender said it has retained investment banks to help it consider options, may liquidate.

Original post by Yahoo! News Search Results for mortgage

American Home Mortgage says unable to borrow (Reuters via Yahoo! News)

Tuesday, July 31st, 2007

American Home Mortgage Investment Corp., a mortgage lender, said that it is unable to borrow under its bank lines and is looking at ways to raise money, including “the orderly liquidation of its assets.”

Original post by Yahoo! News Search Results for mortgage

S&P Picks and Pans: J&J, CBS, Morgan Stanley, Under Armour

Tuesday, July 31st, 2007

Analyst opinions on stocks making headlines Tuesday

Original post by AnthonyK

Fitch Rates DBALT $485.40MM DBALT Series 2007-OA5 (Business Wire via Yahoo! Finance)

Tuesday, July 31st, 2007

NEW YORK—-Fitch rates Deutsche Alt-A Securities Inc.’s mortgage pass-through certificates, series 2007-OA5 as follows: $462.27 million classes A-1A, A-1B, A-2, And A-3, ‘AAA’; $6.83 million class M-1 ‘AA+’; $3.66 million class M-2 ‘AA’; $2.44 million class M-3 ‘AA-’; $2.44 million class M-4 ‘A+’; $2.44 million class M-5 ‘A-’; $2.68 million class M-6 ‘BBB’; $2.68 million class M-7 ‘BB’;

Original post by Yahoo! News Search Results for mortgage

Stocks trim gains, mortgage insurers slip (Reuters via Yahoo! News)

Tuesday, July 31st, 2007

Stocks rose on Tuesday but were off their highs on jitters about fallout from the subprime mortgage market and rising oil prices, which partly offset strong earnings and positive economic indicators.

Original post by Yahoo! News Search Results for mortgage

US STOCKS-Indexes trim gains, mortgage insurers slip (Reuters via Yahoo! Asia News)

Tuesday, July 31st, 2007

NEW YORK, July 31 (Reuters) - U.S. stocks rose on Tuesday but were off their highs on jitters about fallout from the subprime mortgage market and rising oil prices, which partly offset strong earnings and positive economic indicators.

Original post by Yahoo! News Search Results for mortgage

IndyMac profit plummets on mortgage pain (CNN Money)

Tuesday, July 31st, 2007

Like its peers, the Southern California mortgage specialist suffered from credit quality concerns, but quarterly results were better than expected.

Original post by Yahoo! News Search Results for mortgage

Reverse Mortgage Brokers: Don’t Settle For Less Than The Best

Tuesday, July 31st, 2007

With the dramatic increase in senior citizens turning to reverse mortgages as a way to finance their retirements, the importance of having ethical reverse mortgage brokers has increased dramatically a…

Original post by default@goarticles.com (Wade Robins)

New Study Shows Impact of Government Fees On Home Affordability

Tuesday, July 31st, 2007

The National Association of Home Builders sponsors an economic
publication for the housing industry which publishes at
HousingEconomics.com. In mid-July it released a study on
Metropolitan Area House Prices and Affordability written by
Elliot F. Eisenberg, Ph.D.

One cannot deny that the study is self-serving, but the findings are
at least a little revealing of some of the reasons that housing prices,
particularly of new houses, continue to climb in a tough market.

Read More Now

Original post by Darin