Archive for February, 2008

Credit losses from mortgage crisis could hit $400B - USA Today

Friday, February 29th, 2008

Life Style Extra

Credit losses from mortgage crisis could hit $400BUSA Today - 50 minutes agoBy Sue Kirchhoff, USA TODAY NEW YORK — Total credit losses from the mortgage meltdown could total nearly $400 billion, with about half that amount being …Mishkin: Mortgage Mess Could Affect GDP CNNMoney.comFed's Mishkin: mortgage woes hurt all loan sources ReutersFed's Mishkin says credit crunch could cost US economy 0.34 pct … Forbesall 23 news articles

Original post by mortgage - Google News

UPDATE: New Mortgage Woes Dog Investment Banks As 1Q Ends - CNNMoney.com

Friday, February 29th, 2008

UPDATE: New Mortgage Woes Dog Investment Banks As 1Q EndsCNNMoney.com - 1 hour agoBy Jed Horowitz NEW YORK -(Dow Jones)- Thornburg Mortgage's (TMA) disclosure of rapid deterioration in the credit quality and value of Alt-A mortgages is …Sector Snap: Investment Banks Fall Houston Chronicleall 10 news articles

Original post by mortgage - Google News

Thornburg's Mortgage Migraine - Motley Fool

Friday, February 29th, 2008

Pravda

Thornburg's Mortgage MigraineMotley Fool - 1 hour agoBy Morgan Housel February 29, 2008 Thornburg Mortgage (NYSE: TMA) was one of many mortgage originators dealing with so-called alt-A loans. …Alt-A Mortgage Securities Tumble, Signaling Losses (Update2) BloombergUBS Valentine's disclosure causes mortgage mayhem MarketWatchMortgage lenders fall; Thornburg Mortgage hits 5-week low ForbesCNNMoney.com - New York Times Blogsall 44 news articles

Original post by mortgage - Google News

Russia c.bank says no losses on US agencies bonds - Reuters

Friday, February 29th, 2008

Turkish Press

Russia c.bank says no losses on US agencies bondsReuters - 14 hours agoWe are not investing in mortgage-backed securities, we are investing in government agencies' bonds," the first deputy chairman of the central bank told Ekho …Freddie Mac loss swells as mortgage crisis deepens GuardianFreddie Mac loss swells as mortgage crisis deepens Stuff.co.nzSector Snap: Mortgage Lenders Fall Houston ChronicleReuters - U.S. News & World Reportall 906 news articles

Original post by mortgage - Google News

Pimco's Gross Plans to Buy Municipal, Mortgage Debt (Update3) - Bloomberg

Friday, February 29th, 2008

Pimco's Gross Plans to Buy Municipal, Mortgage Debt (Update3)Bloomberg - 2 hours ago29 (Bloomberg) — Bill Gross, manager of the world's biggest bond fund, plans to invest in municipal bonds and mortgage loans as banks' reluctance to lend …Pimco's Gross Looking to Buy Firesale Mortgage Bonds Orange County Business JournalUPDATE 1-Gross says PIMCO buying CMBS securities - CNBC Reutersall 5 news articles

Original post by mortgage - Google News