1 Articles match "Bank Owned","Merrill Lynch","Real Estate"

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Foreclosure's Fallout, 2 Titans Tumble
Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Nobody knows how many billions of dollars the embattled bank has lost, but Wall Street investors are growing more concerned about the deteriorating housing market and the widening impact of the growing credit crunch. Last week, Citigroup’s chief executive Charles Prince tendered his resignation — another casualty of the growing subprime fiasco. Prior to Prince’s departure, Citigroup
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure's Fallout, 2 Titans Tumble
    Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Nobody knows how many billions of dollars the embattled bank has lost, but Wall Street investors are growing more concerned about the deteriorating housing market and the widening impact of the growing credit crunch. Last week, Citigroup’s chief executive Charles Prince tendered his resignation — another casualty of the growing subprime fiasco. Prior to Prince’s departure, Citigroup
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE