Mortgage
Countrywide to pick up subprime pieces
reported by sunriseCountrywide CEO Angelo R. Mozilo, addressing investors at the UBS Financial Services Conference in New York, said more than 30 "subprime" mortgage lenders, or banks catering to home buyers with bad credit, have gone out of business this year.
Group hopes to change 'me-first' mentality
reported by prasannaRangers look too much like ... the Rangers Out in Anaheim, where the Rangers' season started with a stage flop, a foul ball curled back up into the press box and practically into my lap.
HSBC says on top of U.S. mortgage problems
reported by lakshmipatelEurope's biggest bank HSBC Holdings said it was confident it was on top of the problems in its troubled U.S. mortgage book despite reporting another big jump in bad debts at the unit.
Impac lays off 120 O.C. workers
reported by coolbrowserNews comes as shock to mortgage company that said it could weather industry woes.
HSBC says on top of U.S. mortgage problems
reported by johnyLONDON, May 15 (Reuters) - Europe's biggest bank HSBC Holdings Plc said it was confident it was on top of the problems in its troubled U.S. mortgage book despite reporting another big jump in bad debts at the unit.
Frenzy of risky mortgages leaves path of destruction
reported by eragonOn September 15, 2004, the clock was ticking on Lelon DeWitt's life and his subprime loan. When the transmission repairman underwent open-heart surgery, he told his mortgage broker he didn't want a housing loan that was in the works.
Orange County mortgage casualties
reported by sunriseAcoustic Home Loans , Orange. Closed in April 2006. Laid off 203 people. ACC Capital Holdings , Orange. Laid off an estimated 3,000 of the 6,000 employees at its Ameriquest Mortgage Co., Argent Mortgage Co.
Delaware County real estate transactions
reported by seomasterThese transactions were recorded in November. 113 S Clifton Ave Theresa M Smith to Nathaniel Jones and Tanya McKinney Jones, $135,000. 125 S Clifton Ave John Fritz to Diane Ferguson, $152,577.
New Chrysler owner gets second finance arm
reported by eragonIf you haven't heard much about Chrysler Financial, it's for good reason. Unlike high-flying GMAC Financial Services, Chrysler's financing arm doesn't offer insurance, banking, investment services and -- most importantly -- home mortgages.
Foreclosures plaguing Terre Haute
reported by manuelmazThey are sitting empty all over town. Foreclosed homes, known as REO (Real Estate Owned) properties, have become a huge part of the housing market in Terre Haute, Indiana and the country as a whole.
