Home Refinancing - Feds warn thrifts about changing equity loan terms - Miami Herald
Feds warn thrifts about changing equity loan terms - Miami Herald
WASHINGTON After a rash of consumer complaints, the federal agency charged with regulating savings and loan institutions issued guidance Tuesday warning lenders they could not arbitrarily change the terms of home equity loans. The Office of Thrift
Moody’s reviewing jumbo mortgage securities as loan defaults soar - Los Angeles Times
Moody’s Investors Service is stepping up scrutiny of all prime jumbo mortgage securities issued in 2006 and 2007 as the surge in U.S. foreclosures spreads beyond subprime loans. Moody’s is studying its rankings on the securities after late payments
B&B sinks to first-half loss - MSN UK News
LONDON (Reuters) - Troubled lender Bradford & Bingley sank to a first-half loss on Friday, hit by 155 million pounds in writedowns and investment losses, and said bad debts had risen by more than half since the end of 2007. Britain’s biggest lender
International Paper, Magma Design, PetSmart: U.S. Equity Movers - Bloomberg
Aug. 29 (Bloomberg) — The following companies are having unusual price changes in U.S. markets. Stock symbols are in parentheses after company names, and prices are as of 1:50 p.m. in New York. Dell Inc . (DELL US) dropped 12 percent, the most since
Added slots fail to halt slide in N.E. gambling - Boston Globe
Soaring gas prices, job losses, and other components of New England’s struggling economy have taken a bite out of slot machine revenues, resulting in the first significant, sustained dip in the region’s gambling market since Connecticut opened its