Foreclosure
Latest Posts
WSJ: Countrywide Begins Layoffs
Aug 20, 2007The Wall Street Journal is reporting today that Countrywide is beginning to reduce staffing in an effort to weather what now appears to be an extended downturn in the mortgage credit market: The layoffs occurred in the company’s Full Spectrum Lending unit, which handles many home mortgages in a category known as Alt-A, or mortgages between prime and subprime that often involve borrowers who don’t document their income …
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Private Equity, Public Exit: Aegis Mortgage Files for Bankruptcy
Aug 13, 2007 -
Conference Looks to Target Defense Litigation for Subprime Lenders/Servicers
Aug 13, 2007 -
Countrywide’s Move to Thrift Underscores Expected Impact of Industry Regulation
Aug 01, 2007 -
RealtyTrac: First-Half Foreclosure Activity Jumps 55 Percent
Jul 30, 2007 -
NMN: FBR Report Shows 41 Basis Point Increase in Subprime Defaults — In Just One Month
Jul 30, 2007 -
IndyMac Reports 30 Percent Jump in Delinquencies
Jul 25, 2007 -
Calif. Foreclosures Reach Highest Levels in Over a Decade
Jul 24, 2007 -
Study: Medical Disability Drives More Foreclosures Than Subprime Lending
Jul 24, 2007 -
Countrywide Sees More Growth; Pending Foreclosures Reach Record High
Jul 16, 2007 -
RealtyTrac: Foreclosure Activity Drops 7 Percent in June; Up 87 Percent from Year-Ago Levels
Jul 12, 2007 -
American Home Lays Off Hundreds; What’s Really Going on in Alt-A?
Jul 11, 2007
