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- (AFX UK Focus) 2008-11-07 17:45 S&P cuts GMAC, ResCap ratings deeper into junk (Interactive Investor)
NEW YORK, Nov 7 (Reuters) - Standard & Poor's on Friday cut its ratings on GMAC LLC and its residential mortgage unit Residential Capital LLC deeper into junk territory, citing "intense financial stress" at the companies. GMAC said on Wednesday that it lost $2.52 billion in the third quarter, hurt by slumps in the housing and auto markets, and that its Residential Capital LLC mortgage unit may ...
- Overnight News Recap: US to Host Financial Reform Talks; GE ... - ForexTV.com
Voice of America Overnight News Recap: US to Host Financial Reform Talks; GE ... ForexTV.com, NY - Oct 20, 2008 UK Housing Prices Rise in October, Rightmove Says: UK house prices grew 1.0% month-over-month in October, following September's fall of 1.0% This reflects a ... TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 BST Interactive Investor The dragon finally slows down Financial Express all 554 news articles
- First of four parts - Arlington Heights Daily Herald
Steven Fugate stood tall before the DuPage County judge, fighting the weight of owing $248,000 in mortgage and late fees on his Carol Stream home. Yet standing tall could not erase the reality that he and wife Melanie dreaded most: foreclosure. The ...
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