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Created: 08/14/2007 11:52:28 AM - Followers: 6 - Board type: Free - Posts Today: 0

Living in a Bubble? a massive housing bubble: #msg-26227381 Subprime lenders have been both blessing and bane in the housing industry for many years, enabling lenders to rake in huge profits while saddling consumers with exorbitant loan terms and high interest rates. Now, as the housing market slows to a crawl, many subprime lenders are collapsing faster than homes made of substandard materials, and the signs point to even more pain in the housing market as a result


AHMIQ - American Home Mortgage #board-9990

AMC - American Mortgage Acceptance

ANH - Anworth Mortgage Asset Corp.

BAC - #board-6675 Bank of America, "...the second-largest U.S. bank..." "...the nation's biggest credit card business..."

C - Citigroup Inc. #board-428 "Citigroup, the biggest bank in the United States"

CFC - Countrywide Financial Corp. #board-9998 ".. the biggest U.S. mortgage lender..." "...originated one out of every six residential mortgages..."


DFCLQ - Delta Financial Corp. #board-1894

ETFC - E TRADE Financial Corp. #board-10096

FBC Flagstar Bancorp Inc.

FHN First Horizon National Corp

FMNT - Fremont General Corporation #board-10062


FNM - Fannie Mae "Together Fannie Mae and Freddie Mac own or guarantee about 40 percent of the $11.5 trillion US home loan market." "Fannie, the No. 1 financer and guarantor of U.S. home loans"

FRE - Freddie Mac "Freddie Mac, the second-largest source of money for U.S. home loans behind Fannie Mae"


HCM - Hanover Capital Mortgage Holdings Inc. #board-10080


IMB - IndyMac Bancorp Inc. #board-10092 "IndyMac, the nation's ninth largest originator of mortgages" "the second-biggest independent mortgage company"


IMH - Impac Mortgage Holdings #board-10019


KFN - KKR Financial Corp. #board-10088


LEND - Accredited Home Lenders Holding Co #board-8673

LUM - Luminent Mortgage Capital Inc. #board-9991


MTB - M&T Bank Corp .



NCC - National City Corp.


NOVS - NovaStar Financial Inc. #board-6258


RAMR - RAM Holdings Ltd. #board-10081

SLM - Sallie Mae


SOV - Sovereign Bancorp

October 13, 2008

Banco Santander, S.A. (NYSE: STD) and Sovereign Bancorp Inc., ("Sovereign") (NYSE: SOV), parent company of Sovereign Bank ("Bank"),
announced today that Banco Santander will acquire Sovereign in a stock-for-stock transaction. Santander currently owns 24.35% of Sovereign's
ordinary outstanding shares.



TARR - Tarragon Corp. #board-5951


TMA - Thornburg Mortgage Inc. #board-10082


WB - Wachovia Corp. #board-6206 "...the nation's fourth-largest bank..."


WM - Washington Mutual Inc. #board-11133 "..the largest U.S. savings and loan.."

"...The nation's second-largest mortgage lender in 2003, WaMu dropped to sixth place last year..."


WFC - Wells Fargo & Company #board-6335 "...the nation's fifth largest bank..." "...Wells Fargo made more than $200 billion in home loans from January to September in 2007, making it the second largest home loan lender, following Countrywide Financial, which is cutting 12,000 jobs after losing $1.2 billion in the third quarter..."


[ [ ] ][] ]

A dollar crisis leading to a depression...

Mortgage Meltdown of 2007 - The Perfect storm

SIV's explained, lol


Bond (CDO) insurance companies (ABK MBI ACAH SCA)

] ] ]

Solar Stocks #board-11148

Peak Oil #board-6609

Real Estate Bubble #board-7285

Subprime Fallout #board-10886

HomeBuilders #board-1680

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#253 DROIT DROIT BUDDIEE18 07/31/2011 11:31:35 AM
#252 Adverse Possession BUDDIEE18 07/28/2011 11:33:25 PM
#251 WHOSE Car Is It ?? BUDDIEE18 07/24/2011 12:57:34 PM
#250 Attorney/ Banker Interview About a Foreclosure: Bank Loan BUDDIEE18 06/21/2011 02:02:16 AM
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#247 fwd: HOW TO PAY FINES AT THE WINDOW BUDDIEE18 04/10/2011 08:02:58 PM
#246 fwd: Contrary to popular belief BUDDIEE18 04/03/2011 02:37:29 AM
#245 fwd: MORTGAGE FRAUD PACKAGE BUDDIEE18 04/01/2011 12:04:12 AM
#244 fwd: My #1 Pupil BUDDIEE18 03/30/2011 03:14:07 AM
#243 The Fact Remains.. BUDDIEE18 03/30/2011 03:10:38 AM
#242 of some interest ? got this email forwarded BUDDIEE18 06/27/2010 07:26:53 PM
#241 Bank Buys Broker for CONCEALED DEMOLITION BUDDIEE18 06/09/2010 12:29:53 AM
#240 fwd: What really took place at the bank…? BUDDIEE18 03/04/2010 02:16:27 AM
#239 Get ready for higher mortgage rates up-down 02/26/2010 08:38:25 PM
#238 Fannie Mae seeks $15.3B in gov't aid after up-down 02/26/2010 08:31:04 PM
#237 Banking on dummies coming in for a loan BUDDIEE18 01/08/2010 08:34:25 PM
#235 Banks Bundled Bad Debt, Bet Against It and Won up-down 12/24/2009 12:15:07 PM
#234 freedie and fannie loving helicopter Ben up-down 03/19/2009 09:49:03 AM
#233 The Real AIG Outrage! futrcash 03/18/2009 11:06:37 AM
#232 Freddie Mac: The Government's Next Black Hole? up-down 03/17/2009 10:26:34 PM
#231 It's A Wonderful Mortgage Crisis up-down 02/22/2009 07:50:42 PM
#230 It’s not the Borrowers; It’s the Loans. up-down 02/22/2009 07:08:31 PM
#229 U.S. bank stress tests to show capital needs up-down 02/22/2009 02:36:23 PM
#228 Can Your Bank Pass the Stress Test? up-down 02/21/2009 11:50:57 PM
#227 I thought it was bad last year at up-down 02/04/2009 03:02:49 PM
#226 Why the bank bailouts are doomed futrcash 02/04/2009 02:57:45 AM
#225 Bank of America to get more government help: WSJ up-down 01/15/2009 09:26:01 AM
#224 Update on FBC stock is up over 50% 56Chevy 01/02/2009 01:12:53 PM
#223 Hi guy here. 56Chevy 01/02/2009 12:01:23 PM
#222 Dismal Outlook for Mall Owners MWM 12/29/2008 12:08:34 PM
#221 wow - CEO greed gamed the system while up-down 12/29/2008 12:05:54 PM
#220 By saying yes WaMu accumulated and marketed the futrcash 12/27/2008 07:48:10 PM
#219 By saying yes WaMu accumulated and marketed the futrcash 12/27/2008 07:46:48 PM
#218 By saying yes WaMu accumulated and marketed the futrcash 12/27/2008 07:46:22 PM
#217 Citigroup lashes out at Wachovia-Wells deal up-down 10/05/2008 10:00:10 AM
#216 Run on Bank Helped Kill WaMu, But Your up-down 09/26/2008 04:37:59 PM
#215 U.S. Takes Over Ailing Mortgage Lenders up-down 09/07/2008 09:43:52 PM
#214 2 brokers accused of $1B subprime fraud zsvq1p 09/03/2008 02:59:40 PM
#213 765 funds hold FRE, 96 have dumped up-down 08/26/2008 09:18:41 PM
#212 KDB warned against buying Lehman up-down 08/25/2008 03:29:58 PM
#211 Wachovia's commercial loans stir worries up-down 08/13/2008 01:33:02 AM
#210 BankUnited has plunged 93 percent since last year up-down 08/08/2008 02:03:00 AM
#209 2 Banks Will Buy Back $17 Billion in up-down 08/08/2008 01:47:39 AM
#208 Freddie Mac’s Big Loss Dims Hopes of Turnaround up-down 08/08/2008 01:46:23 AM
#207 'They're All Toast': Roubini Says Brokers, Even Goldman, up-down 07/22/2008 10:43:55 PM
#206 Roubini: More Than $1 Trillion Needed to Solve up-down 07/22/2008 10:38:01 PM
#205 Crisis? What Crisis? up-down 07/22/2008 10:25:53 PM
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