A billion here, a billion there: Bloomberg News’ latest tally of total asset write-downs and credit losses at big banks and securities firms over the last 15 months is up to $232 billion.
The total jumped ...
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mortgage mess April 2nd, 2008
The Republican candidate has plenty to say about the US housing crisis.
Across the country, the collapse of the housing market has created a crisis of foreclosures that is dragging down the economy. Finding a fair ...
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McCain, mortgage mess March 27th, 2008
Delinquencies Rise, Hitting Local Banks;
TWINSBURG, Ohio -- In the first wave of the housing crisis, homeowners across the U.S. lost their properties to foreclosure. Now, many of the nation's small and midsize home builders ...
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home builders, mortgage mess March 21st, 2008
Non-prime home lenders hit by trouble securing financing; new opportunities for big banks
The effects of the U.S. subprime crisis are showing up on the fringe of the Canadian mortgage business, even though mainstream lending and ...
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Canadian mortgage market, housing market, mortgage mess, subprime March 14th, 2008