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Standard & Poor's has launched Understanding Ratings, a new information and education resource for investors found on the Web site www.understandingratings.com.
September 21 -
Single-family housing starts rose 2% to 438,000 units on an annualized basis during August, but multifamily construction soared by 53% during the month, according to new government figures released Tuesday morning.
September 21 -
If a home is underwater but the borrower keeps paying the second mortgage (though maybe not the first), can that junior lien be worth anywhere near face value?
September 20 -
Discover Financial Services is continuing its push to ensure that future profitability is less dependent on plastic with its planned $600 million student loan acquisition.
September 20 -
The total dollar amount of outstanding mortgage subprime loans in the nation fell to $714 billion at June 30, a 45% decline from the peak back in 2007, according to figures compiled by National Mortgage News and the Quarterly Data Report.
September 20 -
Barclays Capital researchers examined the effects of GMAC's foreclosure moratorium announcement in a report released today.
September 20 -
Landmark legislation in Greece on consumer debt could lower recoveries on mortgages that are already underwater, according to a recent report from Moody’s Investors Service.
September 20 -
As technical director of the Financial Accounting Standards Board (FASB), Russell Golden is the person to whom financial institutions have been addressing their comment letters on a controversial proposal that would expand the use of fair value accounting.
September 20 -
Residential home sales leveled off in August after plunging 30% in July, according to the RE/MAX National Housing Report.
September 20 -
Countrywide Financial Corp. founder and former chief executive Angelo Mozilo must face trial on regulators' claims he misled investors about risks tied to subprime lending, a judge ruled.
September 20