A Market Run on Rationality
Story date: 2007-08-20 04:31:00
Added on: 2007-08-20 05:35:02
Washington Post - The most vivid image amid last week's financial turmoil came from Calabasas , Calif. , home to the nation's biggest mortgage lender, ... softening the terms on which it stands ready to lend to banks and signaling that it will cut interest rates ...
Read more...
Related Stories:
-
Countrywide to help subprime borrowers
Long Beach Press-Telegram - CALABASAS - Countrywide Financial Corp., the Calabasas-based mortgage-lending ... as the result of interest rate resets" may be...
2008-02-11 01:35:00 -
Financial market turmoil doesn't require key rate change, says Fed ...
Xinhua News Agency - WASHINGTON, Aug. 21 (Xinhua) -- A senior official from U.S. Federal Reserve said Tuesday that the financial market...
2007-08-21 10:09:00 -
Q&A: Are my savings with Halifax safe? (Times Online)
This week's turmoil in the global financial markets could have far-reaching implications for UK investments, mortgages and savings....
2008-09-17 05:21:54 -
Countrywide to help subprime borrowers (Long Beach Press-Telegram)
CALABASAS - Countrywide Financial Corp., the Calabasas-based mortgage-lending giant, will team with a community organization to aid subprime borrowers who have fallen...
2008-02-11 01:51:49 -
Countrywide loses $893 million in 1Q on rising loss reserve - Houston Chronicle
CALABASAS, Calif. — Countrywide Financial says it lost $893 million during the first quarter due to a sharp increase in its provision...
2008-04-29 06:29:00 -
Sale signals new development in current world market turmoil - Financial Times
Merrill Lynch is signalling a new chapter in the current round of global financial turmoil with its efforts to sell its shares...
2008-07-16 11:18:00 -
Swedish Krona's Strength Will Be Shortlived, Nordea AB Says
Bloomberg - Feb. 18 (Bloomberg) -- Any gains by Sweden's krona following last week's surprise interest-rate increase will be shortlived as financial-market...
2008-02-18 07:00:00 -
2 states probe Countrywide home loans (Los Angeles Times)
The Calabasas lender says California and Illinois have issued subpoenas. The nation's No. 1 mortgage lender, Countrywide Financial Corp.,...
2007-12-13 04:35:31
