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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: subprime mortgages

subprime mortgages stories: 243 news summaries

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Home Foreclosures Hit Record

A dreary real estate market is fueling an all-time high rate of foreclosures

Jun 14, 07 3:16 PM CDT
(Newser) - Home foreclosures hit a record high in first-quarter 2007 as more subprime borrowers failed to make their mortgage payments. The number of mortgages entering foreclosure spiked four basis points to 0.58% and over 2.4% of subprime mortgage holders defaulted, up from 2% last quarter, according to a report... More »

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real estate • economic growth • subprime mortgages • Ohio • homes • Michigan • Indiana • foreclosure • mortgage • Mortgage Bankers Association • US economy • borrowers • Great Depression

Mortgage Trouble Rattles Wall Street

Bear Stearns, Goldman earnings reflect subprime bloodbath

Jun 14, 07 10:54 AM CDT
(Newser) - Bear Stearns posted a 10% drop in quarterly earnings today, the latest victim of the subprime collapse. The country's second-largest mortgage-bond underwriter posted profits well below expectations, down nearly 33% from last year to $362 million. Goldman Sachs escaped bruised but more-or-less unscathed, with profits up 1% on the strength... More »

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Goldman Sachs • subprime mortgages • business • Bear Stearns • earnings reports • finance • equity trading • US economy • investment banks

Bernanke Keeps Interest Rate Steady

Sees housing crisis as risk, but doesn't see recession

Mar 29, 07 8:15 AM CDT
(Newser) - With inflation creeping up, Fed chairman Ben Bernanke will keep interest rates steady—at least for now, reports the Wall Street Journal. Soft business investment and weakening housing are becoming serious risks, but the long-term outlook is good, Bernanke told Congress yesterday. "The current stance of monetary policy is... More »

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inflation • Ben Bernanke • economics • subprime mortgages • Alan Greenspan • investments • housing • recession • interest rate

241 - 243 of 243 Stories | << Prev 1 ... 9 10 11 12 13


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