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WILMINGTON, Del. The judge presiding over the bankruptcy of American Home Mortgage Investment Corp. on Wednesday denied requests from some homebuyers to appoint a consumer privacy ombudsman. Paula Rush of Churchville, Md., and two other women who
left on Wednesday, the company confirmed last night.Two weeks ago, Citi said that it had lost $1.3bn on mortgage and loan-backed securities as a result of the credit market turmoil during the third quarter.But Merrill Lynch’s disclosure last week that it
NEW YORK, Oct 31 (Reuters) - Troubled subprime mortgage lender Fremont General Corp.
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best customers. It could also lead to lower rates on credit cards and auto loans for consumers; most mortgage rates, however, are tied to long-term rates set by the markets. TENSION IN THE RANKS In its statement, the central bank cautioned that it has
housing slump deepened. It shaved more than a full percentage point off economic growth. The meltdown in the mortgage market has made it harder for people to obtain financing to buy homes. That’s aggravating problems in the housing market and leading to
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