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Profit for Banks Dimmed by Possible Home-Equity Losses: Video

Randi — Thu, 15 Apr 2010 00:16:56 +0000

April 12 (Bloomberg) — Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. may have to set aside an additional $30 billion to cover possible losses on home-equity loans, an amount almost equal to analysts estimates of profit at the three banks this year. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)

Duration : 0:2:4

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Dilweg Says Rehabilitation Will Bring Stability to Ambac: Video

Randi — Fri, 26 Mar 2010 03:01:05 +0000

March 25 (Bloomberg) — Wisconsin Insurance Commissioner Sean Dilweg talks with Bloomberg’s Mark Crumpton and Julie Hyman about his office’s move to take over claims on about $35 billion of home-loan bonds backed by Ambac Financial Group Inc.
Dilweg is taking over a portion of Ambacs policies to protect municipal bondholders who count on the companys guarantees. He halted payments on the policies and other contracts, saving Ambac about $120 million this month. (Source: Bloomberg)

Duration : 0:3:41

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Randi — Sun, 14 Mar 2010 01:37:07 +0000

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Duration : 0:1:7

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Randi — Sun, 28 Feb 2010 04:46:12 +0000

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… Much of this weakening in underwriting standards happened outside of institutions regulated by the federal banking agencies. For instance, in 2006, over 45 percent of high-cost first mortgages were originated by independent mortgage companies

Duration : 0:1:25

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Randi — Mon, 01 Feb 2010 11:48:19 +0000

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Duration : 0:1:43

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Randi — Fri, 01 Jan 2010 17:16:23 +0000

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Duration : 0:3:22

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Randi — Fri, 01 Jan 2010 17:16:10 +0000

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Duration : 0:9:50

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Randi — Sat, 18 Apr 2009 09:30:21 +0000

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Duration : 0:6:30

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Randi — Sat, 18 Apr 2009 09:30:15 +0000

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Duration : 0:6:28

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Randi — Sat, 04 Apr 2009 02:28:05 +0000

A television commercial, Produced by Mpower Media for Mortgage Loan Application. For more information visit http://www.mpowermedia.com

Duration : 0:0:30

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