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Mortgage Insurance Quote Newsmortgage insurance quoteWASHINGTON -- Mortgage finance companies Fannie Mae ( FNM Quote - Cramer on FNM - Stock Picks ) and Freddie Mac ( FRE Quote - Cramer on FRE - Stock Picks ) are suspending foreclosures during the holiday season. The two companies say they will halt ... Read moreFannie and Freddie Halt Foreclosures - Street.ComGenworth Financial Inc ( GNW ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's ... Read moreCommercial loan losses hurting insurers - MSN MoneyCentralBy Sara Lepro NEW YORK -- The Justice Department is investigating the mortgage lending practices of Golden West Financial , the savings and loan bought by Wachovia ( WB Quote - Cramer on WB - Stock Picks ) for $24 billion at the height of the housing ... Read moreFeds Probe Golden West Financial - Street.ComNEW YORK, Nov 19 (Reuters) - Ambac Financial Group (ABK.N: Quote , Profile , Research , Stock Buzz ) said on Wednesday it has reached an agreement with counterparties to tear up $3.5 billion of its exposures to risky mortgage backed debt, which will ... Read moreAmbac terminates $3.5 bln of risky mortgage exposure - ReutersFederal Deposit Insurance Corp. Chairman Sheila Bair is an optimist. So she told a group of businesspeople in Baltimore Thursday amid what’s widely considered the nation’s worst financial crisis since the Great Depression. After Wednesday’s ... Read moreFDIC's Sheila Bair: More 'ammunition' coming to strengthen banks - Wichita Business JournalNEW YORK, Nov 19 (Reuters) - Standard & Poor's on Wednesday downgraded ratings on bond insurer Ambac Assurance Corp and its holding company Ambac Financial Group Inc (ABK.N: Quote , Profile , Research , Stock Buzz ) and said they remain exposed to ... Read moreS&P cuts Ambac on mortgage loss exposure - ReutersJPMorgan Chase & Co ( JPM ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 ... Read moreJustice Department probing Golden West Financial - MSN MoneyCentralAmerican International Group Inc ( AIG ) Stock Quote , Chart , News , Add to Watchlist CHARLOTTE, N.C. (AP) - Shares of Hartford Financial Services Group Inc. and other life insurers fell Wednesday as investors grew more concerned about the sector's ... Read moreInsurance shares slump, with Hartford down 29 pct - MSN MoneyCentralBank of New York Mellon Corp ( BK ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value as new support from its largest individual investor failed to ease worries over ... Read moreCitigroup shares tumble despite Alwaleed move - MSN MoneyCentralIt's kind of cheap to begin a column with a quote from Yogi Berra. But I'm not an expensive person--so here goes: "It's déjà vu all over again." Fannie Mae needs more help from the government. This week the giant loser announced it had lost $29 ... Read more |
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