Mortgage and Financial News From 2008-1-3 Page 01

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  • NAB hikes home rates

    Australian Broadcasting Corp. - Who knows, if rates keep going up maybe will spur our own mortgage crises in Australia. SO MY POINT IS THIS... READ BETWEEN THE LINES THE BANKS ARE ... want prices to fall, but many people I know have been forced to buy houses to live in at the current ...
    2008-01-03 01:52:00

  • Credit Crisis Sees U.K. Tighten Its Purse

    Forbes - LONDON - The impact of the subprime mortgage meltdown is now officially taking its toll on borrowers in Britain ... 48), on Thursday afternoon in London, as they bet the central bank would be compelled to cut interest rates soon, from their current ...
    2008-01-03 12:19:00

  • Irwin Financial Corporation Announces Preliminary Fourth Quarter ...

    Forbes - ... bank holding company focusing on small business and consumer mortgage ... provisions to prepare for potential increases in loss rates in 2008. During the fourth quarter, we took several steps to align operational and staffing costs to the current ...
    2008-01-03 01:09:00

  • FUND VIEW-Insight's Armstrong buys mortgage, shipping funds

    Guardian Unlimited - FUND VIEW-Insight's Armstrong buys mortgage, shipping funds ... would mean it is on a discount to NAV of around 37 percent, based on the current ... tight supply in building double hull technology ships and higher shipping rates.
    2008-01-03 06:07:00

  • Financiers, Fix Foreclosed Homes

    BusinessWeek - ... reality has replaced the fantasy of yearly double-digit appreciation, the mortgage lenders want us to feel sorry for them. As default and foreclosure rates set ... Unfortunately, due to the current practice of holding lenders liable in housing court ...
    2008-01-03 10:49:00

  • Bill gives judges power over mortgage rates

    Long Island Business News - Bill gives judges power over mortgage rates By Laura Theis Friday, January 4, 2008 ... Current market troubles caused bankruptcy filings to take off last year, with more than 760,000 filings reported ...
    2008-01-03 10:06:00

  • Business News in Brief - North County Times

    Business News in BriefNorth County Times, CA - 2 hours agoFreddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.07 percent this week. That was down from 6.17 percent ...
    2008-01-03 08:38:20

  • [Editorial] Responding to the global oil crisis - The Hankyoreh

    [Editorial] Responding to the global oil crisisThe Hankyoreh, South Korea - 2 hours agoThere are signs that the US economy, which is already staggering from the subprime mortgage crisis, will continue its current downward trend. ...
    2008-01-03 09:19:59

  • Jamaica's women and family-owned businesses - Study detects 4600 ... - Jamaica Gleaner

    Jamaica's women and family-owned businesses - Study detects 4600 ...Jamaica Gleaner, Jamaica - 53 minutes agoOver the last two to three years, the number of WOBs seems to be growing at a faster rate than that of FOBs. 2. During the last two to three years, ...
    2008-01-03 10:27:26

  • Around the nation - Houston Chronicle

    Around the nationHouston Chronicle, United States - 46 minutes agoFreddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.07 percent this week, down from 6.17 percent last week. ...
    2008-01-03 10:34:21

  • Financiers, Fix Foreclosed Homes - BusinessWeek

    Financiers, Fix Foreclosed HomesBusinessWeek - 21 minutes agoFor years, mortgage lenders have reaped the profits of zero-down, stated-income, teaser-rate loans, confident that rising home values and flipping could ...
    2008-01-03 10:59:02

  • Debt weighs on global growth - The Swazi Observer

    Debt weighs on global growthThe Swazi Observer, Swaziland - 20 minutes agoBut the outlook for local rates was less clear. The consumer price index minus mortgage costs rose 7.9 percent in November and Mercier predicted it would ...
    2008-01-03 10:59:57

  • Bill gives judges power over mortgage rates - Long Island Business News (subscription)

    Bill gives judges power over mortgage ratesLong Island Business News (subscription), NY - 19 minutes ago12, would allow a bankruptcy judge to lower the interest rate on a mortgage to a level more affordable for the borrower or extend the duration of the ...
    2008-01-03 11:01:37

  • Officials wait for Schwarzenegger budget outlines (North County Times)

    Everyone is waiting to see how Gov. Arnold Schwarzenegger will propose handling the state's $10 billion to $14 billion budget shortfall when he outlines a new spending plan in one week.
    2008-01-03 07:51:15

  • Enter 2008: The System Breaks (GoldSeek.com)

    EDITOR NOTE: My Spanish needs work, since ‘Tonterias’ was misspelled in the title, which prompted a couple corrections from Latino readers. Disculpame! Last week’s attempt to smash the Wall Street corrupt trumpets of information earned a special kudo from a veteran NYSE floor trader.
    2008-01-03 09:59:43

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