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JP Morgan: “Systemic Credit Crunch” Underway
Mar 10, 2008After last week’s wild ride for the credit markets and mortgage rates, JP Morgan Chase & Co. said in a report late Friday that Wall Street firms are facing a “systemic margin call” as the financial markets face a reinforcing downward pattern of writedowns. From Reuters, who covered the analyst report:
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Agency MBS Spreads Reach Two Decade High
Mar 05, 2008 -
Rate Freeze Plan Could Keep $12 Billion in Subprime Mortgages Current: Report
Mar 03, 2008 -
Merrill to Shutter First Franklin: Report
Feb 29, 2008 -
Freddie Mac Posts Record Loss For Fourth Quarter
Feb 28, 2008 -
Did S&P Really Stress Test the Monolines?
Feb 27, 2008 -
Existing Home Sales Skid to Near-Decade Low
Feb 25, 2008 -
Ohio AG Eyeing Fannie Mae, Will Expand Mortgage Probe
Feb 20, 2008 -
On the radar …
Feb 19, 2008 -
Moody’s: CRE Prices Declined Sharply in December
Feb 19, 2008
