Obama plan calls for Feds to exit mortgage market
Obama plan calls for Feds to exit mortgage market
The Obama administration on Friday released its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out mortgage giants Fannie Mae and Freddie Mac and reducing the government’s now-huge role in housing finance.
Read more on Belleville News-Democrat
Obama administration plan phases out roles of Fannie Mae, Freddie Mac
Obama administration plan phases out roles of Fannie Mae, Freddie Mac
Los Angeles Times Friday, February 11, 2011 WASHINGTON — The Obama administration on Friday released its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out mortgage giants Fannie Mae and Freddie Mac and reducing the government’s now-huge role in housing finance. The 32-page plan calls for phasing in an increase in the down payment …
Read more on St. Petersburg Times
Categories: Investment Property Loans Tags: Administration, Fannie, Freddie, Obama, Phases, Plan, roles
Obama administration plan phases out roles of Fannie Mae, Freddie Mac
Obama administration plan phases out roles of Fannie Mae, Freddie Mac
Los Angeles Times Friday, February 11, 2011 WASHINGTON — The Obama administration on Friday released its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out mortgage giants Fannie Mae and Freddie Mac and reducing the government’s now-huge role in housing finance. The 32-page plan calls for phasing in an increase in the down payment …
Read more on St. Petersburg Times
Categories: Investment Property Loans Tags: Administration, Fannie, Freddie, Obama, Phases, Plan, roles
Fitch Takes Various Actions on Newcastle CDO VIII
Fitch Takes Various Actions on Newcastle CDO VIII
Fitch Ratings downgrades three and affirms 10 classes of Newcastle CDO VIII 1, Ltd./Newcastle CDO VIII 2, Ltd./ Newcastle CDO VIII, LLC reflecting an increase in Fitch’s base case loss expectation to 36% from 30.1% at last review.
Read more on Business Wire via Yahoo! Finance
Spectrum Group International, Inc. Announces Second Quarter Fiscal 2011 Results
Spectrum Group International, Inc. Announces Second Quarter Fiscal 2011 Results
Spectrum Group International, Inc. today announced financial results for its fiscal quarter ended December 31, 2010.
Read more on Business Wire via Yahoo! Finance
Categories: Investment Property Loans Tags: 2011, announces, Fiscal, Group, Inc., International, Quarter, Results, Second, spectrum
First BanCorp to sell $439M loan portfolio
First BanCorp to sell $439M loan portfolio
(AP:NEW YORK) Puerto Rican bank holding company First BanCorp said Wednesday it is moving forward with an agreement to sell a loan portfolio valued at $438.5 million to a joint venture led by an investment company to be created by Goldman, Sachs & Co.
Read more on INO News
Why Egypt’s progressives win
Why Egypt’s progressives win
Suleiman considers the business fraternity friendly, but it is the nation’s women and youth who are driving the unrest.
Read more on Al Jazeera
Categories: Investment Property Loans Tags: Egypt's, progressives