US mortgage lenders hit by Freddie woes
Story date: 2007-11-20 01:12:00
Added on: 2007-11-20 20:53:25
Financial Times - Facing rising defaults on home loans and resulting credit losses, Freddie said it might have to cut its dividend and ... Countrywide, the largest US mortgage lender, fell by up to 17 per cent to a seven-year low amid concerns that potential funding ...
Read more...
Related Stories:
-
Freddie Mac sets aside $1.2 billion in third quarter for bad home ...
International Herald Tribune - Freddie Mac said it made the provision for credit losses in the July-September period because of defaults on...
2007-11-20 01:40:00 -
Fannie, Freddie eligible loans get $300,000-plus boost
Reuters - Proponents of reform say the new loan levels will draw investors back into the home loan market, resulting in lower...
2008-01-24 03:29:00 -
Freddie Mac sets aside $1.2 billion for bad home loans (Minneapolis-St. Paul Star Tribune)
WASHINGTON Freddie Mac set aside $1.2 billion in the third quarter to account for bad home loans and the company posted a...
2007-11-20 05:37:55 -
Freddie Mac sues AHM in effort to ensure loan service for thousands of ...
Forbes - Freddie Mac said in its filing that American Home serviced about 4,500 mortgage loans owned by Freddie Mac, and that...
2007-09-13 01:09:00 -
Mortgage giant Freddie Mac scrambles for cash after $2 billion loss
Seattle Times - Freddie Mac set aside $1.2 billion in the turbulent July-September period to account for bad home loans, which it...
2007-11-20 01:19:00 -
Freddie Mac cuts dividend, slates $6 billion preferreds
CNBC - NEW YORK (Reuters) - Freddie Mac , the second largest provider of financing for U.S. home loans, on Tuesday said...
2007-11-27 03:55:00 -
Recession on way? Depends on balance of factors
Cincinnati Enquirer - Its definition: a risky or less than ideal loan or mortgage. In the first month of ... will depend...
2008-02-02 02:25:00 -
Fannie, Freddie shares tumble
CNN Money - With investors reluctant to buy risky home loans, some mortgage lenders refocused on issuing only loans they could sell...
2007-11-27 05:32:00