California mortgages and debt
Forget earthquakes. When it comes to central California, the biggest worry these days is debt. Home to some of the fastest-growing urban populations of recent years, this region is now faltering because of plummeting house prices and over-leveraged ...
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The Debt Capitals Of America - Forbes
SAN FRANCISCO, Aug 27, 2008 (BUSINESS WIRE) -- Fitch Ratings confirms the 'AA-' rating on approximately $37.4 million County of Riverside's certificates of participation (COPs) (Public Safety Communication and Refunding Projects), 2007 series B and ...
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Fitch Rates Riverside County, California's $116MM COPs 'AA-'; Outlook ... - CNBC
Aug. 27 (Bloomberg) -- Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that plunged in value after the subprime market collapsed, according to two investors with ...
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Pimco Seeks as Much as $5 Billion for Distressed Debt (Update1) - Bloomberg
First-quarter data from TransUnion, one of the big three credit reporting companies, show seven of the top 10 most delinquent U.S. cities have consumers that have fallen behind in mortgages, auto loans and credit cards. Six of these seven are urban ...
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In Pictures: America's 10 Most Debt-Ridden Cities - Forbes
Aug. 27 (Bloomberg) -- Pacific Investment Management Co., the biggest manager of bond funds, is seeking as much as $5 billion to buy mortgage-backed debt that plunged in value after the subprime market collapsed, according to two investors with ...
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Pimco Seeks as Much as $5 Billion to Buy Distressed Senior Debt - Bloomberg
NEW YORK (AP) - Stock prices are rising. The Dow has been up more than 100 points. WASHINGTON (AP) - Shares of mortgage giants Fannie Mae and Freddie Mac are higher for a third straight day. Investors appear to be less concerned about the risk of a ...
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Business Minute: Stocks rally...Oil higher...FAA says flight system ... - Idaho8.com
A report from the top regulator of U.S. thrifts on Wednesday offered the latest indication that banks' struggles with the housing downturn are far from over, and that several more financial institutions will likely collapse before the economy ...
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U.S. Thrifts Lost $5.4B in Second Quarter - Street.Com
U.S. and European banks, already burdened by losses and concerns about their financial health, face a new challenge: paying off hundreds of billions of dollars of debt coming due. At issue are so-called floating-rate notes - securities used heavily ...
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New credit hurdle looms for banks - AZCentral.com
On the record Time coffee featuring Obama campaign manager David Plouffe: Plouffe argued for paying less attention to the ups and downs of the polls because a) Obama would beat McCain on turnout and b) swing voters would probably break one way or ...
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Plouffe Whistles Plus: Obama's failed fight-back - Slate
One year after the credit crunch began, Fortune looks back at who saw trouble ahead, and who just ended up in trouble. NEW YORK (Fortune) -- Not every player in banking is getting clobbered these days. BNP Paribas, which sparked part of the very ...
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