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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 - 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 Stocks slip amid subprime mortgage jitters |
FAQ: Trouble in the mortgage market - Reuters
Wed, 14 Mar 2007 19:21:25 GMT
![]() Canada.com | FAQ: Trouble in the mortgage market Reuters - 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 Mortgage Report Reflects Rise In Delinquencies, Rattles Lawmakers ... Foreclosures, mortgage delinquencies on the rise |
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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