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Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor Bean & Whitaker Mortgage.
Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp. at $500 million, and noted the figure could be much higher.
Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors.
Mortgage finance company Freddie Mac said yesterday it could lose $500 million or more as a result of the bankruptcy-protection filing of Taylor, Bean & Whitaker Mortgage Corp.
Freddie Mac (FRE) said its additional losses related to the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp. could be "significant."
WASHINGTON -(Dow Jones)- Freddie Mac (FRE) has notified investors of certain additional losses it could face in connection with failed lender Taylor, Bean & Whitaker, which serviced loans owned or guaranteed by Freddie before it went bust in August.
The Associated Press Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Ocala-based Taylor, Bean & Whitaker Mortgage Corp. at $500 million, and noted the figure could be much higher.
The Associated Press Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Ocala's Taylor, Bean & Whitaker Mortgage Corp.
Freddie Mac, the U.S. mortgage finance giant, said on Monday it is seeking $595 million in loan payments and other funds hung up after the bankruptcy of lender Taylor, Bean & Whitaker.
NEW YORK — Mortgage finance company Freddie Mac said Monday it could lose $500 million or more...
Freddie Mac says losses related to TBW bankruptcy 'could be significant'
NEW YORK — Mortgage finance company Freddie Mac on Monday put its initial loss estimate relate...
WASHINGTON — Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse exe...
Fannie Mae today announced that Jonathan Plutzik has been elected to the Board of Directors, where he will serve on the Compensation and Risk Policy & Capital committees.
As chairman of the CFTC, Gary Gensler is leading the Obama administration's campaign to start policing the Wild West of finance.
1st Mariner Bank's division that originates reverse mortgages and conventional mortgages has entered into a profit-sharing agreement with a private company, according to documents filed last week with the U.S. Securities and Exchange Commission. Next Generation Financial Services originates reverse mortgages for sale to Fannie Mae and other private investors. 1st Mariner said the profit-sharing ...
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