Mortgage Loans

Mortgage Loans Article

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CNN Money - FRANKFURT, Mar. 10, 2008 (Thomson Financial delivered by Newstex) -- The German government wants IKB Deutsche Industriebank AG to sue Deutsche Bank (NYSE:DB) AG for selling it 'badly' collateralized US mortgage loans at a point in time when their ...

German govt wants IKB to sue Deutsche Bank for selling it subprime ...

Philadelphia Daily News - That's why, despite the Federal Reserve's best efforts, "even though Treasury rates are falling, mortgage loans are still going the other way.

Financial assets marked down on the QT

Bloomberg - The Federal Bureau of Investigation, based in Washington, is scrutinizing whether Countrywide officials misrepresented the company's financial position and the quality of its mortgage loans in regulatory filings, said a person with knowledge of the ...

Bank of America Plans to Proceed With Countrywide Bid (Update1)

CNBC - The FBI is in the early stages of an inquiry into whether company officials misrepresented its financial position and the quality of its mortgage loans, The Wall Street Journal first reported Saturday, citing law enforcement officials and finance ...

Reports: Feds probe Countrywide

CNBC - SINGAPORE (Thomson Financial) - Singapore banks DBS Group and United Overseas Bank (UOB) have cut their mortgage rates to woo selected borrowers with loans of at least 300,000 Singapore dollars, the Straits Times newspaper reported over the weekend ...

Singapore's DBS, UOB cut mortgage rates to woo selected borrowers ...

BusinessWeek - Countrywide Financial ( CFC ) faces an FBI inquiry into whether officials misrepresented its financial position and the quality of its mortgage loans in filings, according to the WSJ.

Movers: MBIA, Countrywide, Keryx

BusinessWeek - Among stocks in the news Monday, Countrywide Financial ( CFC ) is facing an FBI inquiry into whether executives at the giant mortgage lender misrepresented the firm's financial position and the quality of its mortgage loans in filings, the Wall Street ...

Stocks to Open Higher

Bloomberg - ... demand for riskier assets including high-yield loans used to finance buyouts began to dry up in the second half of last year as losses related to the collapse of the subprime mortgage market spread. Banks were stuck with $163 billion of the loans at ...

Morgan, Credit Suisse Break Ranks on Clear Channel (Update2)

The Australian - The inquiry involves whether company officials made misrepresentations about the company's financial position and the quality of its mortgage loans in securities filings, four people with knowledge of the matter said.

FBI investigates Countrywide for securities fraud

Reuters - Northern Rock, the highest profile British casualty of the credit crunch, had originated the riskier mortgages for Southern Pacific Mortgage Ltd, a unit of investment bank Lehman Brothers, which then funded and administered the loans.

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