GMAC Closes U.K. High Street Home Loans Unit, Citing Volatility
Story date: 2007-10-09 11:19:00
Added on: 2007-10-09 19:25:15
Bloomberg - Morgan Stanley last week cut mortgage jobs in Britain after record U.S. foreclosures sapped demand for bonds secured by home loans. Yields on U.K. mortgage-backed notes have soared to as much as 90 basis points over benchmark rates compared with 17 ...
Read more...
Related Stories:
-
Jobs up slightly; home starts off (The Gleaner)
Half-empty or half-full? When it comes to a state report on jobs that was released last week, you can take your pick....
2008-06-21 10:15:29 -
Business Minute: Strong week for stocks...jobs looking better ...
WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance...
2007-10-06 08:31:00 -
Growth in U.S. Service Industries Probably Slowed in August
Bloomberg - Mortgage companies and some banks are shutting operations as the home-loan market dries up. Cutting Jobs First American Corp., the...
2007-09-05 10:23:00 -
Accredited Home Lenders slashes jobs, stops making loans San Diego
Worldnews.com - San Diego's Accredited Home Lenders said Wednesday it would slash 1,600 jobs nationwide and stop making new mortgage loans as...
2007-09-04 07:03:00 -
U.S. Stocks Rally on Better-Than-Forecast Jobs Data, Fed Loans (Bloomberg.com)
May 2 (Bloomberg) -- U.S. stocks gained, bringing the market to its first three-week advance since October, as a better-than-forecast jobs report...
2008-05-02 08:48:30 -
WaMu lifts reserves amid mortgage woes
MSN MoneyCentral - Dozens of companies in the mortgage sector have collapsed or cut back on their activity, shedding thousands of jobs...
2007-09-10 09:05:00 -
'Morgan Stanley cut 1,500 jobs this week' (The Economic Times)
Morgan Stanley cut 1,500 jobs this week across its investment banking, trading and asset management businesses, a person familiar with the situation...
2008-05-16 10:06:34 -
IndyMac to stop most mortgage loans, cut 3,800 jobs (EARTHtimes.org)
NEW YORK (Reuters) - IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Monday it will eliminate...
2008-07-07 03:55:42