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- July 19 (Bloomberg) -- Treasuries declined, pushing yields on 10-year notes up the most in a month, as concern diminished that credit-market losses will worsen reduced the haven appeal of government debt. The yield on the benchmark note finished the ...
- , , ) today reported second quarter 2008 income from continuing operations of $56 million, or $0.37 per diluted share, compared to $110 million, or $0.73 per diluted share, for the first quarter 2008 and $196 million, or $1.25 per diluted share, for ...
- EUROPEAN stock markets closed mostly higher overnight, steadying in the shadow of heavy losses as investors tried to get a fresh fix on the unfolding US financial crisis. A sharp drop in oil prices allowed some careful bargain hunting in the hardest ...
- NEW YORK (CNNMoney.com) -- Saving Fannie Mae and Freddie Mac could cost the U.S. taxpayer. But so could letting the two mortgage giants collapse. A rescue plan that uses federal dollars would risk increasing the deficit and possibly lowering the U.S ...
- WASHINGTON (AP) _ President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac. He also called on the Democratic-run ...
- Day to Day , July 15, 2008 · Rude mortgage companies, students buying houses, babies on the way: What should the savvy consumer do at life's crossroads? Madeleine Brand and personal finance contributor Michelle Singletary read through some listener ...
- (CBS/AP) President George Bush urged lawmakers on Tuesday to move quickly in putting into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac while declaring the U.S. financial system to be "basically sound." He also ...
- IndyMac Bancorp Inc., the failed thrift, reopened its doors under federal control Monday and promptly moved to toss ailing homeowners a lifeline by halting all foreclosures on the mortgages it owns. Evans Vestal Ward for The Wall Street Journal A ...
- WASHINGTON — President Bush urged lawmakers today to move quickly in putting into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac while declaring the nation's financial system to be "basically sound." He also ...
- Consumers still face the prospect of rising mortgage rates, inflation and tighter credit despite the federal government's move to rescue Fannie Mae and Freddie Mac and avert a meltdown in the lending industry, economists and banking experts say. Most ...
- The eurozone is tipping into a deeper downturn than America itself despite the tremors in the US mortgage industry, and may already be in full recession for the first time since the launch of the single currency. Industrial production for the EMU ...
- IndyMac Bank was shut down by regulators Friday as the mortgage crisis claimed one of its largest victims. The Pasadena thrift, with $32 billion in assets, was a prolific lender during the housing boom, specializing in so-called alt-A loans that ...
- Thornburg Mortgage, Inc. TMA announced today that a majority of the participants in the principal participation agreement component of company ’ s recent financing transaction approved an amendment to change the requirement that the tender offer ...
- The financial services industry is dueling the AARP over language in the Senate housing bill that would affect a small but rapidly growing corner of the mortgage market. At issue is a provision that would prevent providers of so-called reverse ...
- Editor's note: This is a special alert from FINRA -- Financial Industry Regulatory Authority. It has been republished for TheStreet.com readers. Rising costs of food and fuel, declines and volatility in the housing and financial markets, and an ever ...
- With the sub-prime mortgage crisis squeezing homeowners across the nation, FHM Mortgage Group, LLC, a full-service mortgage broker headquartered in Parsippany, New Jersey, is partnering with collection agencies to help overextended homeowners resolve ...
- Senator Charles E. Schumer issued a warning last month to regulators that IndyMac Bancorp was in danger of failing. On Tuesday, IndyMac, one of the nation’s largest independent mortgage lenders, faced what amounted to a run on the bank. As ...
- Pasadena, Calif. First, Countrywide Financial Corp. went down, as the nation's biggest mortgage lender was acquired in a rescue operation July 1 by Bank of America Corp. Now Countrywide's offspring, IndyMac Bancorp Inc., is on the ropes. Reuters ...
- Senator Charles E. Schumer issued a warning last month to regulators that IndyMac Bancorp was in danger of failing. On Tuesday, IndyMac, one of the nation’s largest independent mortgage lenders, faced what amounted to a run on the bank. As ...
- NEW YORK/PASADENA, Calif. (Reuters) - Mortgage lender IndyMac Bancorp (nyse: IMBPR - news - people ) Inc said Tuesday depositors had been withdrawing cash at an "elevated" pace since a key U.S. senator questioned its ability to survive the housing ...
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