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Fitch Smartview Update: 5 U.s. Equipment Leasing Abs Deals 'under ... - Forbes
--ge equipment midticket llc, series 2006-1; --ge equipment midticket llc, series 2007-1. 25 equipment leasing/loans transactions were designated with a smartview date of oct. 15, 2008, indicating that no in depth review is necessary. to review a ...
www.forbes.com

Citigroup Posts Fourth Consecutive Loss On Mortgage Writedowns
oct. 16 (bloomberg) -- citigroup inc. , the biggest u.s. bank by assets, reported a fourth consecutive quarterly loss after at least $13.2 billion of credit losses, reserves for bad loans and writedowns for mortgage-related securities.
www.bloomberg.com

Citigroup Reports $2.8 Billion Loss, Hit By Credit Losses
citigroup, the biggest u.s. bank by assets, reported thursday a fourth consecutive quarterly loss after at least $13.2 billion of credit losses, reserves for bad loans and write-downs for mortgage-related securities.
www.iht.com

Citigroup Posts Fourth Consecutive Loss On Writedowns (update1) - Bloomberg
oct. 16 (bloomberg) -- citigroup inc. , the second-biggest u.s. bank by assets, reported a fourth consecutive quarterly loss after at least $13.2 billion of loan losses and securities writedowns. the third-quarter net loss was $2.8 billion, or 60 ...
www.bloomberg.com

World Markets Tumble Over Fears Of Recession - Minneapolis Star Tribune
hong kong - world stocks tumbled thursday, with tokyo's market plunging more than 11 percent, after another dive on wall street as worse-than-expected data about the u.s. economy heightened fears of a global recession. japanese prime minister taro ...
www.startribune.com

Canada's Mortgage Bailout And Beyond
on friday, october 11, 2008, the canadian government purchased a percentage of mortgage debt from canadian banks, allegedly to make more money available for banks to use as loans.
www.quebecoislibre.org

Bank Of America Settles Suits Over Bad Mortgages
facing a lawsuit over deceptive mortgage practices, bank of america corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.
www.miamiherald.com

Losses On Mortgage Assets Cut Profits At Jp Morgan By 84% - Guardian Unlimited
huge losses on the credit markets sent profits plunging at two of the united states' leading banks, jp morgan and wells fargo, a day after both were obliged to accept billions of dollars in capital from the us government. in a stark reminder of the ...
www.guardian.co.uk

Local Bankers Assess Damage From Mortgage Crisis, Offer Solutions - Santa Cruz Sentinel
last month, when washington mutual became a casualty of too many bad loans, santa cruz community credit union saw an influx of accounts. so did bay federal credit union, santa cruz county bank and lighthouse bank. all are locally owned. wednesday ...
www.santacruzsentinel.com

Merill Posts 3rd-quarter Loss Of $5.2 Billion
merrill lynch, the investment bank being taken over by bank of america, reported thursday a fifth straight quarterly loss as the credit crisis saddled the firm with at least $9.5 billion of write-downs.
www.iht.com

Mccain Touts Mortgage Buyout Plan
seeking to regain ground he's lost in the polls during the economic crisis, republican john mccain returned to the campaign trail wednesday trumpeting a mortgage bailout plan he unveiled in tuesday night's presidential debate.
www.chron.com

Merrill Lynch Reports Fifth Straight Quarterly Loss (update1) - Bloomberg
oct. 16 (bloomberg) -- merrill lynch & co. , the investment bank being taken over by bank of america corp., reported a fifth straight quarterly loss as the credit crisis saddled the firm with at least $9.5 billion of writedowns. the third-quarter net ...
www.bloomberg.com

Merrill Lynch Reports Third Quarter 2008 Net Loss From Continuing ... - Msn Moneycentral
merrill lynch mer today reported a net loss from continuing operations for the third quarter of 2008 of $5.1 billion, or $5.56 per diluted share, compared with a net loss from continuing operations of $2.4 billion, or $2.99 per diluted share, for the ...
news.moneycentral.msn.com

Merrill Lynch Reports Fifth Straight Quarterly Loss (update1)
oct. 16 (bloomberg) -- merrill lynch & co. , the investment bank being taken over by bank of america corp., reported a fifth straight quarterly loss as the credit crisis saddled the firm with at least $9.5 billion of writedowns.
www.bloomberg.com

Direct Us Stake In Banks Has Many Precedents
washington -- for all the thorny free-market issues raised, the big u.s. intervention in banks does have precedents _ from wholesale wartime takeovers of entire industries to the seizing of hundreds of failed savings and loans in the 1980s. most nationalizations have been temporary, but some endure, like amtrak.
www.washingtonpost.com

Bankrate: Mortgage Rates Post Biggest Increase In 21 Years - Msn Moneycentral
new york , oct. 16 /prnewswire-firstcall/ -- mortgage rates soared this week, with the average 30-year fixed mortgage rate jumping more than one-half percentage point to 6.74 percent. according to bankrate.com's weekly national survey, the average 30 ...
news.moneycentral.msn.com

Citigroup Swings To 3q Loss On $4.4 Billion In Write-downs - Cnn Money
citigroup inc. (c) swung to a third-quarter loss - its fourth-straight quarter in the red - as it wrote down another $4.4 billion in securities and banking and blamed weak revenue across all businesses on "the impact of a difficult economic ...
money.cnn.com

Bankrate: Mortgage Rates Post Biggest Increase In 21 Years
mortgage rates soared this week, with the average 30-year fixed mortgage rate jumping more than one-half percentage point to 6.74 percent. according to bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.42 discount and origination points.
biz.yahoo.com

Attorney General Says Boca Raton Man, Johnson Cuffy, Is The Leader Of A Mortgage Fraud Ring
attorney general bill mccollum has identified a boca raton man as the “ringleader” of “an active mortgage fraud ring in south florida.”
www.bocanews.com

To Cut Losses, Homeowners Consider Default - Miami Herald
more than four in 10 south florida homeowners who bought in the last five years owe more on their mortgages than their homes are worth. for those who bought in 2006 -- the year prices peaked -- the situation is even worse. a startling 76 percent of ...
www.miamiherald.com