Credit Suisse Warns of Further Losses

ZURICH -(Dow Jones)- Credit Suisse Group (CS) Thursday poured cold water on hopes the banking industry was on the mend as it warned that difficult market conditions in March will likely lead to a ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 25th, 2008

US mortgage giant needs $1bn to survive

One of America's biggest home loan providers, Thornburg Mortgage, needs to raise nearly $1bn over the next seven business days in order to keep its creditors at bay. The New Mexico-based firm defaulted on $610m (£307m) ... More... (Mortgage News)
Add a Comment , , , , , March 21st, 2008