Wednesday, March 14, 2007

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Mortgage insurers fall on National City exposure - Reuters

Wed, 14 Mar 2007 18:27:58 GMT


Canada.com
Mortgage insurers fall on National City exposure
Reuters - 1 hour ago
NEW YORK (Reuters) - Mortgage insurers' shares fell on Wednesday after a leading bank said two unidentified insurers covered part of its subprime loan ...
US STOCKS-Indexes slip amid subprime mortgage jitters Reuters
Stocks slip amid subprime mortgage jitters Reuters.uk
all 114 news articles


FAQ: Trouble in the mortgage market - Reuters

Wed, 14 Mar 2007 19:21:25 GMT


Canada.com
FAQ: Trouble in the mortgage market
Reuters - 57 minutes ago
The riskiest segment of the US mortgage market, which serves borrowers with poor credit histories at high interest rates, has seen rising default rates in ...
Miss., La. top national mortgage delinquencies 2TheAdvocate
Mortgage Report Reflects Rise In Delinquencies, Rattles Lawmakers ... All Headline News
Foreclosures, mortgage delinquencies on the rise Charlotte Business Journal
The Register-Guard - CBS 4
all 441 news articles


Cash sources dry up for subprime mortgage lenders

14 Mar 07 16:44:00 UTC
USA Today - It was a black Tuesday for investors in subprime mortgage companies. Stock prices of the sector's major players were hammered as investors fled en masse, and one of the biggest success stories in the industry last year — New Century Financial ...

Subprime Mortgage Concerns Rattle Markets

14 Mar 07 17:34:00 UTC
NPR News - Morning Edition , March 14, 2007 · "Neither a borrower nor lender be," Shakespeare warned. Subprime lenders were both. And their story, like the one told in Hamlet , may end badly. Mounting concern over bad mortgages spilled over into the stock ...

National City expects subprime mortgage losses (Washington Post)

Wed, 14 Mar 2007 19:43:17 GMT
NEW YORK (Reuters) - National City Corp. , the No. 9 U.S. bank, on Wednesday said it wrote off $11 million stemming from subprime home loans, expects to write off more, and may boost reserves by $50 million because an insurer is rejecting mortgage-related claims.

Stocks slip amid subprime mortgage jitters (Reuters via Yahoo! News)

Wed, 14 Mar 2007 18:09:24 GMT
Stocks slipped in a volatile session on Wednesday as worries over subprime mortgage losses kept investors on edge, halting a spurt of buying at session lows.

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