Reuters
Latest Posts
Stimulus Package to Include Cram-Downs: Report
Jan 06, 2009The latest round of economic stimulus currently being crafted by Senate Democrats is likely to include controversial legislation allowing so-called “cram-downs” of mortgage debt in bankruptcy, according to a Reuters report Monday evening. The proposal, long opposed by key lobbyists in the mortgage industry, would allow judges to reduce mortgage debt on primary residences as part of a bankrupt borrower’s debt restructuring plan.
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Unexpected Plunge In Initial Jobless Claims
Dec 31, 2008 -
Firm Wades Back into Distressed RMBS; Is Timing Right?
Dec 09, 2008 -
JPMorgan Cutting 9,200 WaMu Jobs
Dec 01, 2008 -
Flight to Quality Has Agency MBS Singing the Blues
Nov 21, 2008 -
GSEs Bid on TARP Contracts: Lockhart
Oct 20, 2008 -
Fannie, Freddie to Sell Bad Assets
Oct 06, 2008 -
Home Prices to Remain Under Pressure: Report
Sep 16, 2008 -
Fed Expands Loan Facilities; Banks Establish $70 Billion Fund
Sep 15, 2008 -
Paulson: No Federal Money for Lehman
Sep 12, 2008 -
Wachovia joins the club
Sep 02, 2008
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