Invisible Insurrection
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Wells Fargo mortgage modifications jump 64 percent (AP)

September 9, 2009 by admin · Leave a Comment 

AP - Wells Fargo & Co. on Wednesday said it completed 33,172 trial and final modifications under the Home Affordable Modification Program through the end of August.

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Wells Fargo mortgage modifications jump 64 percent
(AP)

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Rep Frank to pursue mortgage bankruptcy bill (Reuters)

September 9, 2009 by admin · Leave a Comment 

Reuters - The chairman of the House of Representatives Financial Services Committee said on Wednesday he expects to keep pursuing legislation to reduce mortgage loan amounts through bankruptcy proceedings, and lackluster efforts to modify mortgages increase the chances of that legislation passing.

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Rep Frank to pursue mortgage bankruptcy bill
(Reuters)

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NYSE Euronext to sell stake in Amex options unit (AP)

September 9, 2009 by admin · Leave a Comment 

AP - NYSE Euronext Inc. said Wednesday that it plans to sell a “significant” stake in its NYSE Amex options unit to seven Wall Street brokers.

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NYSE Euronext to sell stake in Amex options unit
(AP)