As part of its disposal of U.S. consumer banking businesses, HSBC Holdings is shopping HSBC Mortgage Corp.
A bankruptcy court approved General Growth Properties disclosure statement, bringing the shopping mall owner closer to emerging from bankruptcy.
The Securities and Exchange Commission is conducting an insider trading investigation of General Growth Partners. The bankrupt shopping mall owner also disclosed that it is receiving equity investment from The Blackstone Group.
Foreign investors' net purchases of agency MBS continued to trend upward in June, rising to $20.4 billion from $17.3 billion in May and $10.5 billion in April, according to a report by Credit Suisse analysts.
General Growth Properties, the Chicago REIT that filed for bankruptcy protection in April 2009, reported a loss of $117.5 million, or 37 cents a share, in the second quarter of this year, compared with a loss of $158.4 million, or 51 cents a share, in the second quarter of 2009.
Using the heft of its Canadian parent as a selling point, RBC Capital Markets is reaching out to large Wall Street customers.
Investors snap up securitized products to earn extra yield; Huxleys Castro sees value in bonds pooling novel collateral.
Fannie Mae reports some surprising attitudes about debt. One: walking away from an underwater loan is a bad thing.
The GSEs' restructuring will depend on who gets control of their key money-making operation the credit-guaranty business.
Robert "Steve" Miller has been associated with workouts of some of Detroit's biggest corporate mishaps, but now he is shifting gears and focusing on small businesses owned by MidOcean Partners, a New York private-equity firm.