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Latest news
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 15:38:08 03/09/10

Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets
March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Read more News Source - Bloomberg
Publish date - 03:32:35 03/09/10

Santander U.K. Mortgage Bonds Rise in First Day (Update1)
March 8 (Bloomberg) -- Santander UK Plc’s issue of mortgage-backed securities rose in their first day of trading as investors left out of the deal paid extra to buy the securities.
Read more News Source - Bloomberg
Publish date - 17:22:33 03/08/10

Mortgage Principal Writedown Won't Save Housing
Politicians want to keep borrowers in the homes because that's the compassionate thing to do. The big bad banks just want to cut their losses right? Well, maybe not.
Read more News Source - CNBC via Yahoo! Finance
Publish date - 22:23:52 03/08/10

(AFX UK Focus) 2010-03-08 17:32 Pressure builds for US mortgage loan write-downs
By Corbett B. Daly
Read more News Source - Interactive Investor
Publish date - 17:59:25 03/08/10

Why Does JPMorgan Trade at Book Value?
Jamie Dimon needs an even better postcrisis, Breakingviews says . The chief executive of JPMorgan Chase runs one of the only major banks in the United States that did not post a quarterly loss during the crash.
Read more News Source - New York Times
Publish date - 09:30:58 03/08/10

Analysis: Minorities had greater share of 2008 subprime loans
"Eleven-point-six-nine percent," Hammond resident Art Julkes said plainly. Julkes, referring to the rate on his mortgage, said he is delinquent thousands of dollars on his more than $900 monthly payment.
Read more News Source - The Times of Northwest Indiana
Publish date - 09:01:33 03/09/10

Airville woman says she's stuck in mortgage limbo
Deborah Franklin of Airville spent a lot of her Sunday compiling names and stories of families from all over the country who, like her, claim the federal mortgage modification program has left them stranded in red-tape limbo.
Read more News Source - York Daily Record
Publish date - 20:30:27 03/06/10

AIG Takes Off on Heavy Volume
AIG shares spiked higher Tuesday with bullishness prompted by the company's recent divestitures possibly pressuring investors who are short the stock.
Read more News Source - TheStreet.com
Publish date - 20:16:04 03/09/10

AIG, Citigroup, Fannie Mae, Freddie Mac Shares Surge (Update1)
March 9 (Bloomberg) -- American International Group Inc. surged, leading gains by financial companies bailed out by the U.S. government, on speculation the insurer will sell more assets after raising $51 billion through deals.
Read more News Source - Bloomberg
Publish date - 20:07:38 03/09/10


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