Skip to: Content
Skip to: Site Navigation
Skip to: Search
THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: credit market

credit market stories: 106 news summaries

101 - 106 of 106 Stories | << Prev 1 2 3 4 5 6

Switch to grid view »

Monthly Foreclosures Climb Again

Figures jump 93% over 2006; 1 in every 693 households in default

Aug 22, 07 2:34 AM CDT
(Newser) - Foreclosure numbers were up big again in July, rising 9% from June’s figures and a whopping 93% from a year ago, an unwelcome sign for already reeling credit markets. Foreclosures rose in 43 states, but California, Florida, Michigan, Ohio and Georgia accounted for over half of the the activity,... More »

MORE ABOUT:
housing market • subprime mortgages • foreclosure • debt • home loans • credit market • borrowers • mortgage defaults

Credit Crisis: Damaging or Deserved?

Economist calls risk adjustment necessary, if hazardous

Aug 19, 07 9:17 PM CDT
(Newser) - The Economist takes the long view on the turmoil that has engulfed the financial markets, noting that investors have long wondered whether the "the securitisation of just about every form of debt into a tradable asset" would, in the end, spread risk efficiently or lead to cataclysmic failure. The... More »

MORE ABOUT:
investors • finance • markets • credit market • risk management

Loan Giant Downgraded to 'Sell,' Faces Bankruptcy

Top US mortgage lender caught in the squeeze

Aug 16, 07 7:44 AM CDT
(Newser) - Loan giant Countrywide saw its shares plummet 13% yesterday after the company experienced trouble borrowing money in the market for short-term debt. A Merrill Lynch analyst downgraded the stock from "buy" to "sell," sparking talk of possible bankruptcy, reports the LA Times. Before today's open, the company... More »

MORE ABOUT:
stock market • bankruptcy • subprime mortgages • Merrill Lynch • loans • US economy • home loans • credit market • Countrywide

Credit Fears Sink Asian Markets

Nikkei drops as subprime crisis
rocks world

Aug 15, 07 3:08 AM CDT
(Newser) - Global credit turmoil rocked Asian markets today, pushing Japan’s Nikkei to 2007 lows, as US and Canadian firms struggled to meet payments and Wal-Mart and Swiss Bank UBS released disappointing forecasts. Through it all the Yen rose, as risk-averse investors turned to some safe havens in Japan, Reuters reports. More »

MORE ABOUT:
Japan • Toyota • subprime mortgages • Sony • Nikkei • yen • Asian markets • credit market • Bank of Japan • Wal-Mart

Markets Cling to Stable Condition

Aug 10, 07 3:33 PM CDT
(Newser) - Major US indexes reeled today, after a wild seesaw session in which a Fed bailout rescued Wall Street from a veritginous selloff this morning. The Dow closed at 13239.54, down 31.14, after initial rumors of a broad but blurry liquidity crisis crashed it over 100 points in early... More »

MORE ABOUT:
stock market • Federal Reserve • Dow Jones • subprime mortgages • Nasdaq • Countrywide Financial • credit market • S&P 500

Fed Pumps $19B Into Market

Will add $19B in temporary funds
to bolster credit markets

Aug 10, 07 8:39 AM CDT
(Newser) - The Federal Reserve pumped $19 billion in temporary funds into the banking system today by buying up mortgage-backed securities. The move is aimed to insure that there is enough cash available in the credit markets and keep the interest rate close to the Fed's target of 5.25%. It also... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • finance • bank • market • credit market • interest rate • temporary funds • mortgage backed securities

101 - 106 of 106 Stories | << Prev 1 2 3 4 5 6


from our news partners