Mortgage and Financial News From 2007-11-13 Page 15

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  • S&P reports mortgage turmoil to worsen in 2008 (CNN Money)

    The credit rating agency says mortgage bank earnings will suffer next year as the fallout of the subprime debacle continues.
    2007-11-13 02:56:10
  • The human toll of the subprime crisis

    OregonLive.com - As The Oregonian's Jeff Manning pointed out in his Sunday story about a desperate borrower and her unscrupulous mortgage broker, the go-go subprime mortgage industry fostered a variety of unsavory practices that resulted when brokers played fast and ...
    2007-11-12 11:51:00
  • TZK Capital Launches Broker Service for the Sale of Bank Loan ...

    Forbes - ... TZK Capital, a specialist in participations and loan portfolio sales, today announces the launch of its broker services in ... Batchelder was formerly with ABN AMRO's Mortgage Capital Markets Group where he traded approximately $4 billion in loans ...
    2007-11-13 05:35:00
  • Great Portland, Colonia Real Estate: Global Real Estate Deals

    Bloomberg - Nov. 13 (Bloomberg) -- Asia provides a ``safe haven'' for property investors as returns decline on U.S. and European assets because of subprime mortgage losses, said Jones Lang LaSalle Inc., the world's second-largest commercial real estate broker ...
    2007-11-13 11:40:00
  • Tuneups are the ticket for busy guy

    Miami Herald - Stanley Goldwasser, 65 Mortgage broker Weston Can't stand still: In 1966, I went into the auto repair business. I sold the business and semiretired. My wife and I traveled in a motor home for the summer and I worked in Publix behind the deli counter ...
    2007-11-12 11:51:00
  • DMGT gains on broker upgrade

    Times Online - DMGT gains on broker upgrade Miners fall hits FTSE, banks continue to bounce back ... America, Citigroup and JP Morgan Chase have reached a deal on structuring a $75 billion bail out fund for sub-prime mortgage ...
    2007-11-13 11:54:00
  • Musicians Band Together to help

    MSNBC - Vigorito is a mortgage broker in Westport, and Sarica is a real estate agent. "Every couple of days I would get an e-mail about the little girl, and it just broke my heart I just couldn't ignore it," Vigorito said. Sarica said she hasn't been able to ...
    2007-11-13 05:13:00
  • Where Cleveland went wrong

    CNN Money - Rokakis told of a 78-year-old Cleveland woman recently saddled with an unaffordable, 30-year ARM arranged by her minister, a mortgage broker. "I asked him why," said Rokakis, "you would give an elderly woman an ARM. He said, 'She wanted the house.'" ...
    2007-11-13 12:30:00
  • Mass. Delays New Mortgage Rules

    Forbes - Coakley said Tuesday that fears of a blanket prohibition of a payment method that ties broker compensation to a mortgage's interest rate are unfounded. The Democrat said she merely wants to bar cases in which so-called "yield spread premium ...
    2007-11-13 01:49:00
  • What You Need to Qualify for a Mortgage (TheStreet.com)

    A hearbeat and a signature won't cut it these days; you need good credit and a down payment.
    2007-11-13 01:26:20
  • Miami condo at ground zero in mortgage fraud (Reuters via Yahoo! News)

    At first glance, the 43-story building in Miami's international banking district seems little different from other high-rise condominiums overlooking the turquoise waters of Biscayne Bay.
    2007-11-13 05:34:18
  • TZK Capital Launches Broker Service for the Sale of Bank Loan Participations and Whole Loans in the Commercial Loan ... (PR Newswire via Yahoo! Finance)

    TZK Capital, a specialist in participations and loan portfolio sales, today announces the launch of its broker services in the commercial loan secondary market.
    2007-11-13 05:37:00
  • JPMorgan Bucks Mortgage Trend (TheStreet.com)

    The bank says it's hiring -- even at its mortgage arm.
    2007-11-13 01:41:11
  • E*Trade's Caplan took brokerage into banking, mortgage risk (Market Watch)

    (This article was originally published Monday.) NEW YORK (MarketWatch) -- Mitchell Caplan has been building up E*Trade Financial Corp.'s consumer lending business since the day in 2000 when the discount broker bought his phone-based banking firm, Telebank. Caplan preached the gospel of balancing the volatility of stock brokerage with the stability of a retail banking business that took deposits ...
    2007-11-13 07:16:11
  • Mass. Delays New Mortgage Rules (AP via Yahoo! Finance)

    Attorney General Martha Coakley ordered a month-and-a-half delay for stricter state mortgage lending regulations that had been set to take effect Thursday, a slowdown prompted by industry objections that the rules could undercut compensation for mortgage brokers.
    2007-11-13 01:50:58