Archive for May, 2008

20 May

S&P affirms senior debt ratings of Fannie, Freddie (AP)

Credit ratings agency Standard & Poor’s said Tuesday it affirmed its senior debt ratings for mortgage financiers and government-sponsored enterprises Fannie Mae and Freddie Mac.

20 May

Bank and Insurer Bonds Still Too Pricey – Housing Tracker (at Seeking Alpha)

20 May

Impac Mortgage Holdings, Inc. Announces Upcoming Release of 2007 Earnings, Conference Call, and Posting of its Unaudited Monthly Fact Sheets (PR Newswire)

Impac Mortgage Holdings, Inc. , or the “Company”, a Maryland corporation being taxed as a real estate investment trust , announces the scheduling of a conference call and live web cast on Wednesday, May 21, 2008 at 8:00 a.m. P.T. .

20 May

AmeriCredit Announces a $750 Million Asset-Backed Securitization (PR Newswire)

AMERICREDIT CORP. announced today the pricing of a $750 million offering of automobile receivables-backed securities under the AmeriCredit Automobile Receivables Trust platform, which primarily includes subprime automobile loan contracts.

20 May

Sector roundup: Credit cards, semiconductors (AP)

Shares of credit card companies fell Tuesday after Moody’s Investors Service said charge-off rates will continue to rise through 2009 and an analyst cut her estimates on Capital One Financial Corp. on concerns of a continuing decline in consumer liquidity.

20 May

Put Dollars into Dollar Financial (Zacks.com)

20 May

Sector Snap: Credit card companies fall on outlook (AP)

Shares of credit card companies fell Tuesday after Moody’s Investors Service said charge-off rates will continue to rise through 2009 and an analyst cut her estimates on Capital One Financial Corp. on concerns of a continuing decline in consumer liquidity.

20 May

Oppenheimer: Credit Crisis to Run Into ’09 (at TheStreet.com)

20 May

Sallie Mae hires credit card vets (at bizjournals.com)

20 May

Fix Those Errors on Your Credit Report (at TheStreet.com)