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Today's News
September 3 2010
London Bureau News
September 3 2010
Excess Spread
News from Around the Market.
Big Banks Could Pay $22 Bln In Mortgage Buybacks
Delinquencies For Loans In CMBS At Record High
U.S. Credit Card Defaults At 16-Month Low
Stricter Lending Standards Spare Canada From RE Collapse
Private Loan Mods Triple Those Through HAMP
WesCorp’s Failure Blamed On Non-Agency MBS
U.K. Bonus Tax Declared A Failure
RBS To Shed Another 3,500 U.K. Jobs
Spanish Bank Issues €1 Bln MBS
HSBC Warns Bank Break-Ups Could Force Move From U.K.
ECB Expected To Keep Lending
Irish Mortgage Arrears Jump 38.7%
Crisis Commission To Publish Firms’ Data
Non-Agency MBS Heating Up
HUD Rapped For Default-Tracking Failures
MBA Blasts FASB Derivatives-Related Proposals
Canadian Banks Warned On Capital Markets Expansion
U.K. Opposes European Control Of Banks
U.K. Remortgages Drop Sharply
HSBC Completes Sale Of U.S. Auto Loan Biz To Santander
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