Mortgage and Financial News From 2007-12-14 Page 5

RSS Feed

Previous Day: 2007-12-13

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • Investors look to banks recouping losses, eventually

    San Diego Union-Tribune - ... to ask how much money banks, which took huge charges from the subprime mortgage ... certain level, especially if management has been changed, it has a vested interest ... If they write back it might only be in 2009 or 2010.” (Editing by David ...
    2007-12-14 10:20:00

  • U.S. Treasuries pricey in uneasy times

    Reuters - ... global credit crunch, together with hopes of the Federal Reserve slashing interest ... expensive Treasuries, view opportunities in top-rated corporate bonds and mortgage ... If) the Fed is only going to 3 percent, why would anyone buy a two-year (note ...
    2007-12-14 10:56:00

  • Stocks lower as pace of rate cuts in doubt

    Edmonton Sun - TORONTO - Stocks declined at the end of a losing week on Friday with investor sentiment soured by inflation data that raised worries about interest rate relief. Toronto's S&P/TSX composite index fell 39.89 points to 13,707.36, led by declines in ...
    2007-12-14 11:46:00

  • Help, not miracles, from central banks

    Financial Times - If he would only lend enough to repay the mortgage and build the extension, all at a low interest rate and with no fixed date for repayment, then all your troubles would be over. Central banks, if they are willing to accept the credit risk, can do ...
    2007-12-14 01:33:00

  • Treasury Official Defends Bush's Mortgage Bailout (NPR)

    Robert Steel, the Bush administration's point man on solving the subprime mortgage crisis, was behind last week's announced plan to bring together lenders and borrowers to work out voluntary agreements to avoid foreclosure. Steel says the plan will help 1,200,000 people.
    2007-12-14 05:22:55

  • Test to flunk: Freezing your mortgage rate (Greenwich Time)

    It may be the only test you flunk if you score too high: It's called the "FICO test" and it is a key element of the sometimes arcane new guidelines governing which homeowners qualify for "fast track" interest rate freezes on their subprime mortgages, and those who don't.
    2007-12-14 06:13:27

  • Japanese business confidence falls

    Associated Press - Home ... figures, suggest the central bank will hold off from raising interest rates in the near-term as it gauges the American economy and fallout from the subprime mortgage ...
    2007-12-14 01:05:00

  • Treasurys Fall on Brisk Inflation Rise

    Associated Press - ... of the Federal Reserve and other central banks to restore liquidity to credit markets badly shaken by the subprime mortgage ... The Fed this week reduced rates and announced a concerted effort with four other central banks to create a special auction ...
    2007-12-14 02:30:00

  • Creative approach to mortgage crisis may be worth look

    AZCentral.com - They must be able to prove they can't afford the higher mortgage rates when they adjust. About 1.2 million ... It suggests that once a home's value falls below the amount owed on a mortgage, borrowers tend to view the default option as being "in the money ...
    2007-12-14 03:21:00

  • Lessons From The Dollar

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Exchange rates are, effectively, prices. As such they reflect the opinions of ... America needs a reform of regulation, at least in the mortgage industry, in order to ...
    2007-12-14 09:23:00

  • Sliding mortgage rates climb suddenly, disappointing would-be home ...

    Minneapolis Star Tribune - Mortgage rates, which had been sliding, went up this week, disappointing news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.11 percent. That was up from last week's rate of ...
    2007-12-13 08:48:00

  • Huckabee Talks Tough on Mortgage Bailout

    NPR News - Huckabee talks with Robert Siegel about Iran, the mortgage crisis and the current ... not be bailing out people whose mortgages are about to reset to interest rates ... lender doesn't need to be in default and ultimately bankruptcy and out of a home ...
    2007-12-14 02:23:00

  • Stocks Fall on Inflation Report

    Chicago Tribune - ... about how much freedom the Federal Reserve has to continue cutting interest rates ... months because of their investment strategy, which involves the use of mortgage ... Plenty of flooring choices >> Search for a new home
    2007-12-14 03:56:00

  • Bernanke Seeks Greater Disclosure From Home Lenders (Update3)

    Bloomberg - Dec. 14 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the central bank, responding to the subprime- mortgage crisis, will propose rules next week to force lenders to tell consumers more about their loans sooner. The Fed's proposed ...
    2007-12-14 03:56:00

  • Bank of America named top retail mortgage originator

    MSN MoneyCentral - Bank of America's mortgage group originated $119.2 billion in mortgage and home-equity loans through retail channels through September. "Several years ago, we moved forward with a strategy that leveraged the size and scale of the Bank of America ...
    2007-12-14 12:14:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40