Banking
Latest Posts
Fannie Loses $29 Billion in Q3; Alt-A Leads the Way
Nov 10, 2008On Monday, besieged mortgage giant Fannie Mae [stock FNM][/stock] reported a third quarter loss of $29.0 billion, or $13.00/share, compared with a loss of $2.3 billion, or $2.54/share, in the year-ago period — a loss that would seemingly move the GSE ever-closer to drawing on the $100 billion in taxpayer dollars committed to the firm by the U.S. Treasury in September.
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JP Morgan’s Loan Mod Program Prevents 250,000 Foreclosures
Nov 07, 2008 -
Firms Suggest TARP Purchases of REO Needed
Nov 07, 2008 -
Jobless Claims Rise, Mortgage Rates Fall
Nov 06, 2008 -
Servicers Stretched on Capacity, Advances, Say Analysts
Nov 06, 2008 -
Mortgage Applications Fall, Touch 8-Year Low
Nov 05, 2008 -
3Q Reserves Drive FirstFed’s $51.6 Million Loss
Nov 05, 2008 -
Lacker: Credit Turmoil Fueled by Economy, Not Financial Markets
Nov 04, 2008 -
History Warns Against Foreclosure Moratoria: Study
Nov 04, 2008 -
Mid-Tier Lenders Shut Out of Hope for Homeowners, Sources Say
Nov 04, 2008 -
Feds May Be Considering Subsidy on Troubled Mortgages
Nov 04, 2008
