Archive for 'US'
Deutsche Bank will receive seven Manhattan skyscrapers for debts
4 February 2008Deutsche Bank has acquired the right to dispose of sale of seven Manhattan skyscrapers, which are the mortgage under the credit, given by the organization in February, 2007 to businessman Harry Macklowe.
The businessman has bought towers for $7 billion, having borrowed at Deutsche Bank $5,8 billion and $1,2 billion at fund Fortress Investment Group. Because […]
FBI is investigating hypothec crisis
31 January 2008FBI together with the Securities and Stock Exchanges Commission (SEC) there has begun investigation concerning 14 companies suspected in swindle in high risk mortgage sphere. Such large financial organizations, as Morgan Stanley, Goldman Sachs and Bear Stearns have been already checked by US control bodies.
US federal bureau of investigations makes checks concerning 14 companies which […]
Losses of the largest in the US hypothec creditor have exceeded all expectations
30 January 2008In the fourth quarter of 2007 the loss of hypothec creditor Countrywide Financial, largest hypothec creditor in the USA, the victim during credit crisis, has exceeded own forecasts of bank because of increase in quantity of not paid credits and a proceeding falling of the real estate market in the USA.
Purchase Countrywide Financial from Bank […]
American bankers will help “bad” borrowers
21 December 2007Five banks, located in Boston have declared about creation of special fund of the help to the borrowers, collided with threat of habitation loss of because of increase in percent on hypothec credits payments.
Now the size of fund makes $125 million. It is intended for rendering the financial assistance to borrowers with not irreproachable credit […]
Harry Potter has bought penthouse in New York
19 December 2007Harry Potter star Daniel Radcliffe has bought penthouse in New York. The apartment on the fifth floor 13-storeyed building has managed to him in 2,2 million pounds sterling (nearby $4,5 million).
Design of penthouse, which area is more than 170 square meters, is executed by French architect Jean Nouvel. This penthouse possesses a 37ft by 19ft […]
Washington Mutual closes more than half of hypothec crediting offices
18 December 2007Savings bank Washington Mutual Inc - the largest savings bank in the United States -closes more than half of offices on granting hypothec credits. Reduction will concern 190 of 336 offices, and also 22 % of stuff, working with hypothec credits.
Besides for struggle against consequences of hypothec crediting crisis the company will close broker division […]
USA: the share of hypothecary credits’ defaults has reached its record point
9 December 2007Association of savings and loan associations the share of hypothecary credits, on which the process of deprivation of the right of the repayment of the mortgage has been carried out, has grown up to the record maximum in the third quarter of 2007. Share of hypothecary credits by all kinds of credits have accelerated process […]
US President has offered a medicine for hypothec crisis
7 December 2007The government of the USA has decided to struggle with crisis by administrative measures. Last night Georges Bush had to represent the plan facilitating service of credits to borrowers, whom eviction from the house for non-payments threatens. This report has been prepared by US Finance Minister with Citi, Wells Fargo and Washington Mutual’s top-managers participation.
According […]
