collapse
Mortgage Crisis: Hitting Home? (WTAP Parkersburg)
Posted April 28th, 2008 by Mortgage Rates AdminWe hear the stories nearly every day...about the collapse in the housing market which appears to be pulling the economy along with it. But is the Mid-Ohio Valley part of that collapse?
Big banks' safety cushions continue to shrink (Houston Chronicle)
Posted April 8th, 2008 by Mortgage Rates AdminThe margin may erode further in coming weeks. Credit ratings on $704 billion of bonds have been cut this year following the collapse of the U.S. housing market.
Stocks post big gains in wild week
Posted March 21st, 2008 by AdminFinancial sector and major indexes post gains on hope that the Fed's moves will succeed. A week that began with the near collapse of a Wall Street firm and extraordinary steps by the Federal Reserve to prop up the financial system ended with the stock market posting a huge weekly gain on hope that the central bank's actions would work.
Bearishly good news: Stocks don't fall as far as expected
Posted March 18th, 2008 by AdminMortgage mess becomes prime territory for law firms (Chicago Tribune)
Posted March 11th, 2008 by Mortgage Rates AdminThe collapse of the subprime-mortgage market has turned into a legal free-for-all not seen in the financial-services industry since the savings-and-loan crisis.
Report: Minorities Hit by Foreclosures
Posted March 6th, 2008 by California Home LoanSAN FRANCISCO -- Subprime lenders that went out of business with the industry's collapse targeted minority neighborhoods, leaving them to struggle disproportionately with foreclosures and crumbling home values, according to a new report.
Report: Minorities Hit by Foreclosures
Posted March 6th, 2008 by California Home LoanJudge Delays Decision on Enron Funds
Posted March 1st, 2008 by California Home LoanN.Rock rescue list shortens as auction stumbles
Posted February 5th, 2008 by California Home LoanLONDON (Reuters) - Britain's plans to extricate itself from the collapse of mortgage bank Northern Rock stumbled as it faced the prospect of an auction with only two bidders, including one from the bank itself.