Maitland Bruce Joins Wachovia Securities as Head of Structured Finance in Europe
is one of the market's leading commercial mortgage loan originators in Europe. "Maitland brings more than ... nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected ...
Fannie, Freddie may not be answer, experts say
homeowners and investors caught up in the mortgage market turbulence. Shares of the government-sponsored home-loan ... mortgage market turbulence. Shares of the government-sponsored home-loan financiers have surged in recent days on ... worldwide. Combined, Fannie Mae and Freddie Mac finance or guarantee more than 75percent of all ...
Optima preparing to close bus plant in Park City
Board of Regents' distinguished professor of public finance at Wichita State University since 1994, has ... Service. One of the Wichita area's largest mortgage lenders said Tuesday that it was acquiring ... "hire a significant number of HomeBanc's retail loan originators," the company said. Countrywide said it ...
Around the markets: Comeback on the way for Asian banks
investors buy Shinhan Financial Group and Woori Finance Holdings, the second- and third-largest financial services ... had to sell assets to avoid breaching loan agreements. Macquarie is "misunderstood by a lot ... than six times that amount of U.S. mortgage-backed securities that might be affected. Shares of ...
Changes for Fannie Mae, Freddie Mac discussed
mortgage-market turbulence. Shares of the government- sponsored home-loan financiers have surged in recent days on ... that regulators will raise the amount of mortgage securities Fannie and Freddie can hold as ... worldwide. Combined, Fannie Mae and Freddie Mac finance or guarantee more than 75 percent of ...
WaMu tightens rules for mortgages
documentation of income or assets if the loan exceeds 65 percent of the home's value ... amid a plunge in demand for non-guaranteed mortgage securities caused by rising late payments and ... lending standards that allowed some borrowers to finance home purchases with no down payments and ...
Hedge funds pose an uncertain liability
(hedge fund) activities," said Steven Brown, a finance expert at New York University's Stern Business ... funds went bankrupt last month -- the mortgage-backed assets they held were judged worthless -- ... crash of 1929. They didn't during the savings-and-loan meltdown in the 1980s. And they didn't ...
Mortgage market stirs fears of lenders, investors
- What can be made of todays mortgage market? Theres anxiety and uncertainty among lenders ... filing Monday and a surge in jumbo loan rates, said Drew Tignanelli, president of The ... total mortgage market, according to Inside Mortgage Finance, a trade publication. Lenders charged an average ...
Lenders sound the retreat as mortgage woes mount
if to underscore the point, Houston-based Aegis Mortgage Corp., one of the nation's largest mortgage ... Wente said. Aegis, which stopped taking new loan applications Monday, is the latest in a ... said. Guy Cecala, publisher of Inside Mortgage Finance Publications, said the phenomenon could last a ...
Bulking Up on Equity: Countrywide Home Loans Offers Tips for Homeowners to 'Come to Terms' with Mortgages
to Terms' with Mortgages Refinancing to shorten loan terms may give homeowners an equity boost. ... spread awareness among homeowners about maximizing their mortgage investment. As part of this effort, Countrywide ... it may make sense for them to refinance to a different loan term, Countrywide offers ...