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Results show damage mortgage industry has taken (Houston Chronicle)
Broad damage in the mortgage industry was in full view today as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
Mortgage delinquency on the rise (CNN Money)
mortgage delinquencies will continue to rise over the next six to 12 months as home prices decline and economic conditions remain difficult, according to one forecast released Monday.
Mortgage cos. reveal damage from housing crisis (San Francisco Chronicle)
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over. Investors bid up shares of mortgage lenders and insurers...
Thornburg Mortgage delays filing 1st-quarter report; expects "substantial" loss (Canadian Business)
NEW YORK (AP) - Thornburg Mortgage Inc. expects to report a "substantial loss" for the first quarter because of the volatility and illiquidity plaguing the mortgage industry, the lender said Monday.
MBIA Posts Loss of $2.4 Billion as Mortgage, CDO Slump Deepens (Bloomberg.com)
May 12 (Bloomberg) -- MBIA Inc. , the bond insurer that lost 87 percent of its market value in the past year, posted a net loss of $2.4 billion as the slump in mortgage securities deepened.
Mortgage cos. reveal damage from housing crisis (Lexington Herald-Leader)
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over. Investors bid up shares of mortgage lenders and insurers despite billions in losses from a sustained housing downturn in the U.S. Shares of Bond insurer MBIA Inc., and mortgage insurers PMI ...
Mortgage cos. reveal damage from housing crisis (AP via Yahoo! News)
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over.
Report: Sale or shutdown of First Horizon mortgage unit likely (BizJournals)
First Horizon National Corp. is reportedly considering the sale or elimination of its mortgage business that could happen in the next three to four months, according to a report from Morgan Keegan & Co. Monday. (FHN)
UK Average Mortgage Rates Climbed Broadly In April - BOE (Nasdaq)
LONDON -(Dow Jones)- U.K. average quoted mortgage rates climbed across the board in April, data published on the Bank of England's Web site Monday showed.
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