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The share of Maryland homeowners behind on their prime mortgages shot past 4 percent for the first time this spring, a sign that loan troubles are spreading beyond borrowers with shaky credit. More than 36,000 prime loans in Maryland were delinquent ...
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MEXICO CITY -(Dow Jones)- Mexico's non-bank financial companies will likely pull back on lending next year amid rising loan defaults and slower economic growth, a top industry official said Monday.
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NEW YORK, Nov 5 (Reuters) - Finance company GMAC LLC lost $2.52 billion in the third quarter, hurt by the housing slump and vehicle lease writedowns, and said its mortgage unit, one of the nation's largest home loan providers, may not survive. The fifth straight quarterly loss compared with a loss of $1.6 billion a year earlier and brought GMAC's losses since the middle of 2007 to $7.9 billion. ...
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