Finance
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Bank CEO Calls for Federal Guarantee on Troubled Subprime Mortgages
Feb 06, 2008In an op-ed published Wednesday by the New York Times, New York Private Bank and Trust CEO Howard Milstein writes that the Federal government should step in and guarantee principal on troubled subprime mortgages for 15 years, while banks agree to freeze “teaser” rates on affected mortgages. From the story:
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Commentary: More on Bankruptcy Cram-Downs
Feb 06, 2008 -
Clayton, Experian Announce Partnership; Will Focus on Streamlined Loan Mods
Feb 05, 2008 -
ResCap Drags GMAC to $724 Million Q4 Loss
Feb 05, 2008 -
Back from the Scrap Heap: Accredited Planning a Comeback
Feb 05, 2008 -
Back in Black: Thornburg Mortgage Posts Q4 Profit
Feb 04, 2008 -
Scratch-and-Dent Specialist Launches Hedge Fund Targeting Distressed Mortgages
Feb 04, 2008 -
ASF Update: Out of the Gate
Feb 04, 2008 -
Fed’s Krozner: Servicers Need to Step Up to the Plate
Feb 04, 2008 -
Massachusetts Sues Merrill Lynch on CDO Sales
Feb 01, 2008
