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Posts Tagged ‘Assets’

Banks Shop Mortgage Assets

November 5th, 2010

Banks Shop Mortgage Assets As the mortgage industry changes and the credit markets open up, banks are likely to divest more mortgage assets, says Cantor Fitzgerald’s Jason Kopcak. Read more on TheStreet.com

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Hartford Sells Mortgage Assets as Market Advances, McGee Says

May 14th, 2010

Hartford Sells Mortgage Assets as Market Advances, McGee Says May 10 (Bloomberg) — Hartford Financial Services Group Inc. , the insurer that repaid a $3.4 billion U.S. bailout in March, is “opportunistically” selling some commercial mortgage assets as the market improves, said Chief Executive Officer Liam McGee . Read more on Bloomberg

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Toxic Assets Market Awaits Rebound

March 19th, 2010

Toxic Assets Market Awaits Rebound During the peak of the housing market, the value of the mortgages that got stuffed into those complicated mortgage bonds known as toxic assets was more than $3 trillion. But now the market has stalled, in part because many sellers are waiting for the economy to improve. Read more on [...]

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