By conventional math, the PBGC is already insolvent: As of September, 2003, it had $46.5 billion of liabilities and only $35 billion of assets, a deficit of $11.5 billion that had close. slammed.
MSR sale lifts Wells Fargo stock New Residential Investment (NRZ) to Acquire Approximately. – New Residential Investment Corp. (NYSE: NRZ) announced (i) an agreement to acquire approximately billion unpaid principal balance (“UPB”) of mortgage servicing rights (“MSRs”), (ii.
Sources say such a deal could see the management and its backers write a cheque for somewhere between $500 million and $1 billion.". The Australian reports that "insolvency firm PPB has applied to the Supreme Court of Queensland to freeze up to $900,000 worth of. CCE closed its doors.
FDIC OKs Delay of FAS 166, 167 Effect on Capital Number of Americans in foreclosure plummets: LPS It said that at the end of October, the number of properties going into foreclosure is "7.4 times historical averages and rising." The banks’ push to evict homeowners faster and in bigger numbers than ever before makes LPS’s services even more crucial to them.Jefferies raises Nationstar Mortgage to a ‘buy’ rating view detailed financial information, real-time news, videos, quotes and analysis on Nationstar Mortgage Holdings Inc. (NYSE:NSM). Explore commentary on Nationstar Mortgage Holdings Inc. and hear.