Banks Face 'Systemic Margin Call,' $325 Bln Hit-JPM - Reuters
Banks Face 'Systemic Margin Call,' $325 Bln Hit-JPMReuters - 1 hour agoThe Carlyle Group's mortgage fund also failed to meet $37 million in margin calls this week. "A systemic credit crunch is underway, driven primarily by bank …PRESS DIGEST - Wall Street Journal - March 10 ReutersANALYSIS-Weak US job picture could hit nonresidential building Reuters UKall 47 news articles
Japan's Bank Loan Growth Accelerates for Second Month (Update2) - Bloomberg
Japan's Bank Loan Growth Accelerates for Second Month (Update2)Bloomberg - 6 hours agoProfit at the banks fell about two-thirds from a year earlier in the last quarter, as they recorded a combined $3.2 billion losses on US mortgage-related …Japan's Bank Loan Growth Accelerates for Second Month (Update1) BloombergInvestors hit the panic button Sydney Morning Heraldall 5 news articles
Tech-based firm helps rout mortgage fraud (Miami Herald)
It’s the equivalent of a body cavity search, but for home loans. The 1003 AppScan, an automated Web-based filter, subjects mortgage applications to more than 150 tests designed to extract both little white lies and criminal schemes used to defraud lenders.
Japan’s Bank Loan Growth Accelerates for Second Month (Update1) (Bloomberg.com)
March 10 (Bloomberg) — Japan’s bank lending accelerated for the second straight month as companies shrugged off the risk of an economic slowdown to borrow money.
Carlyle Group’s Rubenstein Scorched by Mortgage Fund’s Stumble (Bloomberg.com)
March 7 (Bloomberg) — The collapse of the subprime- mortgage market has engulfed Carlyle Group, the world’s second- biggest leverage-buyout firm by assets.