20% Becomes the Benchmark for Deteriorating Credit
Much ink -- and blog space -- has been spent on quantifying the deterioration in credit quality. However, it appears...
Archive
CBO Director Says Fannie, Freddie Should Be on Treasury’s Budget
In a blog post Tuesday, the director of the Congressional Budget Office, Peter R. Orszag, said Fannie Mae and Freddie...
Deutsche Bank Goes Full Tilt for German Retail Market
Deutsche Bank AG is on the hunt for more retail banking assets, as consolidation in the German retail banking industry...
The Real-Life-Is-Stranger-Than-Fiction Files: Stealing From Banks Gets Easy
These are the facts -- and they are shocking. From an AP report published Monday: With a startling success rate,...
CIT Appears to Have Turned the Corner
CIT Group reported that it improved its liquidity position by $11 billion during the current quarter, a welcome sign for...
New WaMu CEO Stresses Retail, Mortgage Growth — Not Risk Management
What is Alan Fishman's strategy for WaMu? Don't bother reviewing the transcript of the new WaMu CEO's inaugural conference call...
Fannie-Freddie Conservatorship: Bank Stocks Rallying
Bank stocks are rallying this morning on the federal government's action to put Fannie Mae and Freddie Mac into conservatorship....
Weekend Seize: Government Takes Control of Fannie, Freddie
In perhaps the worst-kept secret on Wall Street, the federal government seized control of Fannie Mae and Freddie Mac, the...
Weekend Seize: FDIC Shuts 11th Bank of 2008
Continuing its "seize on the weekend" campaign, the Federal Deposit Insurance Corp. took control of Silver State Bank of Henderson,...
2Q Turns in Dire Mortgage Delinquencies Numbers
The mortgage delinquency rate hit another record last quarter. Among mortgage loans on one-to-four-unit residential properties, 6.41% of them were...
