Finance
Latest Posts
Heavy Hitters Bankroll Former Countrywide President’s Distressed Mortgage Play
Mar 24, 2008The latest big name to get back into subprime is none other than Stanford Kurland, Countrywide’s former president and COO — Kurland leads a group of well-heeled industry execs headlining a new distressed mortgage purchaser/servicer, named the Private National Mortgage Acceptance Company, LLC. That’s PennyMac for short, in an interesting play on GSE nomenclature.
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JPMorgan Boosts Bid for Bear Stearns, Looks to Lock Down Deal
Mar 24, 2008 -
Federal Home Loan Banks to Buy $100 Billion — or More — in Additional Agency MBS
Mar 24, 2008 -
MGIC CEO to Buy 25,000 Shares in Public Stock Offering
Mar 24, 2008 -
Fannie, Freddie Face “Severe” Capital Pressures, Say Analysts
Mar 21, 2008 -
Fremont Sells Servicing Rights Back to Carrington Affiliate
Mar 21, 2008 -
OmniHome Gets New CEO
Mar 21, 2008 -
Report: Alt-A Delinquency Rate Nearing 18 Percent
Mar 20, 2008 -
Mortgage Rates Swoon Amid Market Uncertainty
Mar 20, 2008 -
California AG Joins the Mortgage Sting; Shuts Down Four Lenders
Mar 19, 2008
