Finance
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MBA: 235,000 Loan Workouts Initiated During Third Quarter
Jan 17, 2008The Mortgage Bankers Association released the results of a first-of-its-kind survey today that found more than 235,000 workouts were initiated by the mortgage industry during the third quarter of 2007. An estimated 54,000 loans were modified, while servicers established formal repayment plans with another 183,000 borrowers, the MBA said.
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Lehman Cuts 1,300 at Aurora; Will Exit Wholesale, Correspondent Lending
Jan 17, 2008 -
Mortgage Rates Plummet on Economic Concerns
Jan 17, 2008 -
Ambac: Uh, We Might Need to Rethink Things
Jan 17, 2008 -
Merrill Matches Citigroup; $9.83 Billion Net Loss in Q4
Jan 17, 2008 -
The New Servicing; Countrywide Reports on Loss Mitigation Efforts
Jan 16, 2008 -
Bond Insurers To Get Second Review: Report
Jan 16, 2008 -
Ambac Follows MBIA: Will Raise Capital, Slashes Dividend in Bid to Maintain Ratings
Jan 16, 2008 -
Wells Fargo: Earnings Drop as More Borrowers Miss Payments (Update 1)
Jan 16, 2008 -
JPMorgan Writes Down $1.3 Billion
Jan 16, 2008
