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Dealtalk-gmac Mortgage Lender's Future In Doubt - Forbes
new york, nov 5 (reuters) - the residential capital llc affiliate of automaker general motors corp may soon join the ranks of u.s. mortgage lenders that failed to navigate the deepening housing crisis. the specter of a rescap failure grew after ...
www.forbes.com

Gmac Posts Loss, Says Rescap Mortgage Unit May Fail (update4)
nov. 5 (bloomberg) -- gmac llc , the financing arm of general motors corp. gripped by a cash squeeze, posted its fifth straight loss and said its mortgage unit may not survive.
www.bloomberg.com

Allco Equity 'not Affected' By Receivership
investor allco equity partners has distanced itself from the move by allco finance group to place itself into administration, saying its finances are completely separate from the troubled company.
www.news.com.au

Ambac, General Growth, Hospira, Sara Lee: U.s. Equity Movers - Bloomberg
nov. 5 (bloomberg) -- the following companies had unusual price changes in u.s. trading . stock symbols are in parentheses, and share prices are as of 4 p.m. in new york. coal producers fell, following the commodity's decline in europe on speculation ...
www.bloomberg.com

Second Mortgages Sting Mbia - Forbes
the housing crisis is not over for bond insurer mbia . the company is still losing money on dodgy mortgage-backed securities that it insured at the height of the u.s. housing bubble. mbia (nyse: mbi - news - people ) posted a sharply increased third ...
www.forbes.com

Whitney Fails To See How Obama Will Help Banks
meredith whitney, the head of equity research at oppenheimer & company, doesn’t see how president-elect barak obama could possibly bring his much-espoused “hope” to wall street’s beleaguered banks — or to the economy in general.
dealbook.blogs.nytimes.com

Gmac Has $2.52 Billion Loss; Rescap Unit May Fail
new york (reuters) - finance company gmac llc lost $2.52 billion in the third quarter, hurt by slumps in the housing and auto markets, and said its residential capital llc mortgage unit may fail.
www.washingtonpost.com

Gmac Mortgage Lender's Future In Doubt - Reuters
new york (reuters) - the residential capital llc affiliate of automaker general motors corp (gm.n: quote , profile , research , stock buzz ) may soon join the ranks of u.s. mortgage lenders that failed to navigate the deepening housing crisis. the ...
www.reuters.com

Freddie: Less Homeowners Are Borrowing From Equity - Msn Moneycentral
(ap) - the amount of money u.s. homeowners pulled out of their homes remained at a four-year low in the third quarter as higher mortgage rates cut the number of borrowers who refinanced, freddie mac said thursday. homeowners "cashed out" about $99 ...
news.moneycentral.msn.com

Gmac Posts Loss, Says Rescap Mortgage Unit May Fail (update1)
nov. 5 (bloomberg) -- gmac llc , the financing arm of general motors corp. gripped by a cash squeeze, posted its fifth straight quarterly loss and said its mortgage unit may not survive.
www.bloomberg.com

Gmac Loss Expands To $2.52b
the company says quarterly revenue fell 24% as the credit crisis caused losses in mortgage lending.
money.cnn.com

Consol, Ameristar, Chesapeake Energy, Yahoo: U.s. Equity Movers - Bloomberg
nov. 5 (bloomberg) -- the following companies are having unusual price changes in u.s. trading . stock symbols are in parentheses, and share prices are as of 2:50 p.m. in new york. coal producers fell, following the commodity's decline in europe on ...
www.bloomberg.com

Dynex Capital, Inc. Announces Third Quarter 2008 Results - Cnbc
glen allen, va., nov 05, 2008 (business wire) -- dynex capital, inc. (nyse:dx) reported its results today for the third quarter of 2008. third quarter 2008 highlights include: -- long-term business model of investing in agency rmbs is on track as our ...
www.cnbc.com

Deteriorating Home Market Puts Gmac Unit At Risk
gmac, the finance company partly owned by general motors, lost $2.52 billion in the quarter, hurt by the housing slump and vehicle lease write-downs, and said that its mortgage unit may not survive.
www.nytimes.com

Gmac Has $2.52 Billion Loss; Rescap Survival At Risk
finance company gmac llc lost $2.52 billion in the third quarter, hurt by the housing slump and vehicle lease writedowns, and said its mortgage unit, one of the nation's largest home loan providers, may not survive.
news.yahoo.com

U.s. Stocks, Oil Fall On Global Slowdown Fears - Reuters Uk
new york (reuters) - u.s. stocks dived and risk aversion rose on wednesday as the financial crisis sparked a fresh round of bleak news and gave u.s. president-elect barack obama a grim welcome a day after his historic election. with obama's victory ...
uk.reuters.com

Equity One, Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.com
good day ladies and gentlemen and welcome to the third quarter 2008 equity one earnings conference call. my name is lacy and i’ll be your coordinator for today’s call. at this time, all participants are in a listen-only mode. we will be ...
seekingalpha.com

Mbia's 3q Loss Widens On Reserve Buildup
bond insurer mbia inc. said wednesday its third-quarter loss widened sharply as it increased loss reserves for its home equity mortgage exposures and continued to rebalance a portfolio.
biz.yahoo.com

Big Area Employer Rescap Endangered
large philadelphia-area mortgage lender residential capital llc, also known as rescap, may not be able to stay in business unless it gets economic support from parent company gmac financial services, gmac said wednesday.
www.bizjournals.com

A.m. Best Affirms Ratings Of American Equity Investment Life Holding ... - Msn Moneycentral
a.m. best co. has affirmed the financial strength rating of a- (excellent) and issuer credit ratings (icr) of “ a- ” of american equity investment life insurance company (american equity life) (des moines, ia) and its subsidiary, american equity ...
news.moneycentral.msn.com