Finance
Latest Posts
Countrywide Investigation Underscores New Reality in Mortgage Servicing
Nov 28, 2007Servicing mortgages is a low margin business, mostly — mortgage servicing rights are certainly becoming more valuable as a hedge these days, as Countrywide noted in a presentation at the FBR Investor Conference yesterday, but not valuable enough to offset portfolio losses elsewhere for a large lender/servicer conglomerate.
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Freddie Cuts Dividend, Announces $6 Billion Preferred Offering
Nov 27, 2007 -
The Mess that Boyko Made: Pot, Meet Kettle
Nov 26, 2007 -
Fieldstone Goes Bankrupt, Files Chapter 11
Nov 26, 2007 -
AIG Changes MI Eligibility Rules; Will Exclude Majority of Subprime Borrowers
Nov 23, 2007 -
Option One Gets $350M Funding Boost for Servicing Ops
Nov 23, 2007 -
Mortgage Market Roundup, Thanksgiving Edition
Nov 22, 2007 -
Freddie Mac Faces Legal Heat Over Losses
Nov 21, 2007 -
SEC Probes MGIC, Radian on C-BASS, Merger
Nov 21, 2007
