Friday, Apr 25, 2008

What ... ! Another One?

Edeus exits mortgage orgination as staff cut: ftadvisor

Edeus has announced it is temporarily dropping out of the mortgage orgination market and is cutting its workforce by half.
Wonder how temporary that would be then?

Posted by renting2 @ 01:11 PM (411 views) Add Comment

2 Comments

1. Malct said...

here's what to expect soon

stateside
The Mortgage Lender's

Since late 2006
253
major U.S. lending operations have "imploded"

Top Mortgage Banking Bust News and Commentary:

ResCap Cut By Moody’s, Borrows $468 Million from GMAC - [2008-04-24] - ''Moody’s Investors Service said late Wednesday that it had again downgraded Residential Capital LLC amid concerns that the mone...

Moody’s Begins Downgrading AAA-Rated Alt-A RMBS to Junk - [2008-04-24] - 'Moody’s Investors Service issued more Alt-A downgrades on Thursday morning, this time taking a heavy hand to 32 different Aaa-r...

Forget The Name "Countrywide" ... - [2008-04-24] - Bank of America CEO answers a shareholder's question...

Interview With Congressional Candidate Vern McKinley On The Financial Crisis - [2008-04-24] - The Implode-o-Meter is pleased to present an exclusive interview with Vern McKinley, economist, lawyer and congressional candida...

FHLB Chicago to stop mortgage-buying program - [2008-04-24] - ''The Federal Home Loan Bank of Chicago on Wednesday said it would halt its program of purchasing mortgage loans, citing onerous...

Friday, April 25, 2008 01:33PM Report Comment
 

2. malct said...

here's what to expect:-

The Mortgage Lender's Implode -o - Meter (stateside)

Since late 2006
253
major U.S. lending operations have "imploded"

Top Mortgage Banking Bust News and Commentary:

ResCap Cut By Moody’s, Borrows $468 Million from GMAC - [2008-04-24] - ''Moody’s Investors Service said late Wednesday that it had again downgraded Residential Capital LLC amid concerns that the mone...

Moody’s Begins Downgrading AAA-Rated Alt-A RMBS to Junk - [2008-04-24] - 'Moody’s Investors Service issued more Alt-A downgrades on Thursday morning, this time taking a heavy hand to 32 different Aaa-r...

Forget The Name "Countrywide" ... - [2008-04-24] - Bank of America CEO answers a shareholder's question...

Interview With Congressional Candidate Vern McKinley On The Financial Crisis - [2008-04-24] - The Implode-o-Meter is pleased to present an exclusive interview with Vern McKinley, economist, lawyer and congressional candida...

FHLB Chicago to stop mortgage-buying program - [2008-04-24] - ''The Federal Home Loan Bank of Chicago on Wednesday said it would halt its program of purchasing mortgage loans, citing onerous...

http://ml-implode.com/

Friday, April 25, 2008 01:35PM Report Comment
 

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