Thursday, October 11, 2007

Capital One's Mortgage Chief Resigns

Capital One's home-loans chief is leaving the company amid the housing downturn. Capital One recently closed its other mortgage business, GreenPoint Mortgage.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168604274/SB119213284249856343.html

Countrywide Lending Plunges

Countrywide disclosed that total mortgage loans it made or acquired from other lenders last month fell 44% to $21 billion.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168421606/SB119210620581855929.html

Strip-Mall Vacancies Hit 7.4%

The strip-mall vacancy rate edged up to 7.4% in the third quarter, a 5-year high.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/167826059/SB119197598965354165.html

Countrywide Mortgage Funding Falls

Countrywide Financial said its September mortgage loan fundings fell 44% from a year earlier as the company was caught in the credit crunch. Average daily applications dropped 39%.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/168421606/SB119210620581855929.html

Saturday, September 22, 2007

Fed's Warsh Quashes Bailout Talk

Fed governor Warsh cautioned against assuming that the Fed will prop up asset prices or protect individual financial institutions. (Remarks)

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/159565242/SB119039313742135405.html