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6 HOURS AGO - Business Insider

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Credit Suisse Loans Under U.S. Fed Scrutiny: WSJ

(Reuters) - The U.S. Federal Reserve has asked Credit Suisse Group AG to immediately address problems relating to the bank's underwriting and sale of leveraged loans, or high-interest-rate loans used by private-equity firms to finance deals, the Wall Street Journal reported, citing a source familiar with the matter.Officials at the Federal Reserve and the Office of the Comptroller of the ...

Tags: Credit Suisse Loans Under U.S. Fed Scrutiny: WSJ,  Mortgage Loans Latest News

9 HOURS AGO - Zero Hedge

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Subprime Is Back With A Vengeance

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,   Christopher Helin Franklin car on slope, San Francisco. 1920 A few days ago, I wrote an essay about how ECB head Mario Draghi seeks to redefine the definitions of certain words and terms, like the one that define financial instruments, because he needs to find hundreds of billions in ...

Tags: Subprime Is Back With A Vengeance,  Mortgage Loans Latest News

17 HOURS AGO - National Mortgage News

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Redwood Moving Ahead with PLS Structural Reforms

Mortgage REIT wants more control over servicing so it can transfer delinquent loans to special servicers.

Tags: Redwood Moving Ahead with PLS Structural Reforms,  Mortgage Loans Latest News

SEP 15, 2014 - Business Insider

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Wells Fargo Finds Mortgage Myths Hamper Home Purchases

By Peter RudegeairNEW YORK (Reuters) - Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co , the largest U.S. mortgage lender.Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down ...

Tags: Wells Fargo Finds Mortgage Myths Hamper Home Purchases,  Mortgage Loans Latest News

SEP 13, 2014 - Zero Hedge

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Chinese Growth Slows Most Since Lehman; Capex Worst Since 2001; Electric Output Tumbles To Negative

While China may have mastered the art of goalseeking GDP, always coming within 0.1% of the consensus estimate, usually to the upside, even if the bogey has seen dramatic declines in the past few years, dropping from double digit annualized growth to just 7.5% currently and the projections hockey stick long gone... ... it may need to expand its goalseek ...

Tags: Chinese Growth Slows Most Since Lehman; Capex Worst Since 2001; Electric Output Tumbles To Negative,  Mortgage Loans Latest News