Mortgage mess losses top $230 billion, and counting

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 ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment April 2nd, 2008

McCain: Working Families to Blame for Mortgage Mess

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 ... More... (Mortgage News)
Add a Comment , March 27th, 2008

Mortgage Mess Hits Home For Nation’s Small Builders

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 ... More... (Mortgage News)
Add a Comment , March 21st, 2008

U.S. mortgage mess creeps north

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 ... More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News, Real Estate News)
Add a Comment , , , March 14th, 2008