Subprime Lending
Latest Posts
HSBC Cuts 600 Jobs; Will Close One Office
Aug 22, 2007Per Bloomberg, HSBC said it will eliminate 600 mortgage jobs and close one of its US-based mortgage operations centers as it adjusts to a long-term downturn in the mortgage market: HSBC Holdings Plc, Europe’s biggest bank by market value, will eliminate 600 U.S. jobs and close a mortgage office as it retreats from the subprime home loans that have triggered a rise in defaults.
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Lehman Brothers Axes BNC Mortgage — Another 1,200 Jobs Gone
Aug 22, 2007 -
Accredited to Lay Off 1,600; Halts Lending
Aug 22, 2007 -
A Recovery That Will Lead to Relapse: Why We’re Not Out of the Woods Yet
Aug 21, 2007 -
In the Crosshairs: National City’s Mortgage Exposure
Aug 21, 2007 -
Accredited Sees Lone Star Assert Right to Terminate; Pawns $1 Billion in Loans
Aug 21, 2007 -
WSJ: Countrywide Begins Layoffs
Aug 20, 2007 -
Weekend Mortgage Market Roundup, and My Own Thoughts on Where This is Headed
Aug 19, 2007 -
Schumer: If Regulators Won’t Move on GSE Cap, Congress Will
Aug 17, 2007 -
Federal Banking Regulators Offer Up Illustrations to Help Compliance with Subprime Guidance
Aug 16, 2007 -
Major Accredited Shareholder Cuts Stake
Aug 16, 2007
