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Times Online - Last month the firm announced a $369.9m (£183.6m) loss for the fourth quarter after being pulled down by Lendingtree.com, the company’s online mortgage company.

US media moguls go into battle

CNN Money - NEW YORK -(Dow Jones)- Citigroup Inc. (C), under pressure following more than $20 billion in write-downs in its capital markets businesses, is scaling back its U.S. residential mortgage business to free up capital for other purposes. The move by the ...

UPDATE:Citi To Scale Back Mortgage Business To Free Up Capital

CNN Money - NEW YORK (Dow Jones) -- In the latest sign of mortgage-industry retrenchment by a major U.S. bank, Citigroup said Thursday it will reduce its mortgage assets by $45 billion over the next 12 months. The move, announced after the closing bell ...

UPDATE: Citigroup To Shrink Mortgage Holdings By $45 Billion

Times Online - As he foreshadowed in a speech last month, the Treasury plans a new “gold standard” for mortgage-backed securities ... Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times.

Can Alistair Darling bury the bad news?

Times Online - The Solicitors Regulatory Authority (SRA), the body that regulates the legal profession in England and Wales, is investigating up to 60 lawyers on suspicion of mortgage fraud. The crackdown comes after the regulator saw a substantial rise in the ...

60 lawyers caught up in mortgage fraud crackdown

Wall Street Journal - The potential collapse of house prices, accompanied by widespread mortgage defaults, is a major threat to the American economy. A voluntary loan-substitution program could reduce the number of defaults and dampen the decline in house prices ...

How to Stop the Mortgage Crisis

Greenville News - The sub-prime mortgage crisis coupled with cuts made by Congress last year has resulted in student loan providers paying more for money than they earn on federal student loans, Saunders said.

National credit woes impact state's largest student lender

CNN Money - Investors dumped equities after news of a default at mortgage lender Thornburg Mortgage Inc., a plan by Merrill Lynch & Co. to ... splits data provided by FT Interactive Data . Fundamental data provided by Hemscott . SEC Filings data provided by Edgar Online ...

LATIN AMERICAN MARKETS: Brazil Falls To Two-week Lows; Mexico Finishes ...

KELOLAND TV - According to our KELOLAND News economic online survey the mortgage meltdown has some families barely hanging on. It's a sign of the times. Property foreclosed on.

KELO News Poll: Mortgage Mess

Greenville News - Mortgage rates fell this week, reflecting investors' concerns about the national economy. Mortgage company Freddie Mac said Thursday that the 30-year fixed-rate mortgage averaged 6.03 percent for the week ending March 6, down from the 6.24 percent it ...

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