Subprime Lending
Latest Posts
Citigroup Paring Back on Mortgages; Will Shed $500 Billion in Non-Core Assets
May 09, 2008Citigroup Inc. [stock C][/stock] said Friday that it will reduce so-called non-core assets by $500 billion over the next several years as the banking and financial services giant looks to reel in its capital base and divest of riskier assets. The news comes as part of the company’s investor day, and as CEO Vikram Pandit looks to reshape the ailing giant.
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Litton Picks Up Rest of Fremont’s Servicing Portfolio; Bankruptcy May be Next
May 09, 2008 -
State Housing Finance Agencies Well-Insulated From Mortgage Mess: Moody’s
May 08, 2008 -
State Street Subprime Damages Could Reach Nearly $8 Billion
May 08, 2008 -
Out of the Rubble: Traditional MBS Markets Keep on Keeping On
May 07, 2008 -
UBS: $19.5 Billion in Write-Downs, Will Sell $15 Billion in Mortgages to BlackRock
May 06, 2008 -
Second Liens Take Top Billing at Treasury Pow-Wow
May 06, 2008 -
Fannie Posts Wide Loss, Will Raise Capital; Alt-A Mortgages Proving Problematic
May 06, 2008 -
BlackRock Nearing Deal on UBS Mortgage Assets: Report
May 05, 2008 -
Banks Tighten Their Belts On Prime Lending During Q1
May 05, 2008 -
Prosecutors Step up Mortgage Investigations
May 05, 2008
