Mortgage and Financial News From 2008-7-14 Page 12
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What's next for IndyMac account holders (Orange County Register)
The bank reopens today but some people won't get all their money.
2008-07-13 07:25:46 -
Home equity lines frozen at IndyMac (Los Angeles Times)
2008-07-14 12:50:32 -
TANDBERG Reports Second Quarter 2008 Results (Business Wire via Yahoo! Finance)
OSLO, Norway & NEW YORK----TANDBERG® , today announced unaudited financial results for the second quarter ended June 30, 2008.
2008-07-14 07:40:00 -
Stock markets positive on mortgage bailout, CSeries launch, Bud ... - Edmonton Sun
TORONTO - Wall Street stock index futures pointed to a positive open after the American government made explicit its formerly implicit guarantee of Fannie Mae and Freddie Mac. Investors were also digesting a US$52-billion takeover in the global beer ...
2008-07-14 04:37:00 -
European government bonds rebound as markets digest U.S. mortgage ... - CNBC
LONDON (Thomson Financial) - European government bonds were off earlier lows as investors continued to digest the impact of the U.S. government's rescue deal for mortgage giants Freddie Mac and Fannie Mae. The Treasury announced yesterday it has ...
2008-07-14 07:29:00 -
Fed OKs rule forcing lenders to verify subprime income, limit ... - CNBC
(updates with Fed approval) WASHINGTON (Thomson Financial) - The Federal Reserve Board of Governors this morning approved tighter mortgage regulations that it hopes will help tame the wild subprime lending market. The rule approved this morning, as ...
2008-07-14 08:55:00 -
(AFX UK Focus) 2008-07-14 16:53 Fed OKs rule forcing lenders to verify subprime income, limit penalties UPDATE (Interactive Investor)
(updates with Fed approval)
2008-07-14 09:17:43 -
Propping Up Fannie and Freddie (BusinessWeek)
A plan announced by July 13 signals the government will take all necessary steps to brace the slumping mortgage giants
2008-07-14 09:18:14 -
Fed Cracks Down On Shady Lending Practices (Local 10 Miami)
A newly approved plan to curb shady mortgage practices meets criticism by consumer groups and lenders.
2008-07-14 09:19:07 -
Reuters Canada Business Summary (The Globe and Mail)
LONDON (Reuters) - Royal Dutch Shell Plc has agreed to buy Alberta-based Duvernay Oil Corp for around C$5.9 billion ($5.9 billion), as oil majors' boost investment in tight or hard to extract natural gas.
2008-07-14 09:21:23 -
US spells out Fannie-Freddie backstop plan (The Arizona Republic)
The plan aims to prevent the subprime credit market troubles from engulfing financial markets.
2008-07-14 09:29:29 -
New Fed Rules Crack Down on Shady Lenders (NYTimes.com via Yahoo! Finance)
The Federal Reserve has adopted rules to give home buyers more protection from the types of lending practices that have contributed to the housing crisis and propelled foreclosures.
2008-07-14 09:37:43 -
Farewell, IndyMac: What's Next? (Part I) - Seekingalpha.com
On Friday, IndyMac ( IMB ) joined the long and growing list of bankrupt mortgage companies (Accredited Home Lenders, Novastar Financial, Fremont General and dozens of others) that have been taken down by what has already surpassed mortgage and bank ...
2008-07-13 10:10:00 -
Fed in tug of war over mortgage rules - CNN Money
Freddie, Fannie shares rebound after federal help Fed in tug of war over mortgage rules Text of Paulson's statement U.S. plan to save Fannie and Freddie NEW YORK (CNNMoney.com) -- The Federal Reserve is caught in a tug-of-war as it prepares on Monday ...
2008-07-14 06:46:00 -
Fitch: U.S. CREL CDO Delinquencies Rise Due to One New Maturity ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--The maturity default of one participated loan secured by a hotel/condominium development was the primary contributor to a higher U.S. commercial real estate loan (CREL) CDO delinquency rate for June 2008, according to the ...
2008-07-14 07:07:00