Mortgage and Financial News From 2007-8-19 Page 5

RSS Feed

Previous Day: 2007-08-18

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

  • Belt-tightening causing squeeze

    Chicago Tribune - ... largest retailer, cut its profit forecast for the year, and Countrywide Financial Corp., the country's biggest mortgage ... Sohn said he couldn't calculate how big a drop in consumer spending would flip the country into a recession, but added ...
    2007-08-19 06:48:00

  • Tory tax plans put Brown on the defensive

    Guardian Unlimited - Gordon Brown may calculate that his current lead in the polls is an opportunity too good to miss. He may also calculate that ... Meanwhile, higher interest rates have driven up mortgage payments, draining money from households' disposable income. Those ...
    2007-08-18 10:49:00

  • German Chancellor Calls for More Market Transparency

    Deutsche Welle - Merkel stressed that the world's top rating agencies should also be more open about the way they calculate their ratings. "In ... Subprime mortgage loans involve greater risk, as they are granted to borrowers with limited or tarnished credit histories ...
    2007-08-19 12:39:00

  • Revaluation costing resident sleep as well as cash (The Record)

    PATERSON -- On paper, Lorraine and Keith Peterkin could sell the Carbon Street home they bought for $198,000 two years ago for $638,700. In reality, they can't.
    2007-08-19 01:35:03

  • Subprime mortgages proved to be the ultimate risk (Pioneer Press)

    It wasn't different this time either, was it? Wall Street's promise that pools of subprime mortgages would shower high yields on investors without the commensurate risk proved as nonsensical as the 1990s pitch that dot-com companies thrived on clicks, not profits.
    2007-08-19 05:14:36

  • Top Scoops (Scoop.co.nz)

    WHERE WOULD JESUS BANK?
    2007-08-19 08:39:13

  • Thomson Financial UK at a glance share guide - weekend (Sharewatch)

    LONDON (Thomson Financial) - MARKETS FTSE 100 6,064.2, up 205.3 FTSE 250 10,686.2, up 223.6 DJIA 13,079,08, up 233.3 Nasdaq Comp 2,505.03, up 53.96 S&P 500 1,445.94, up 34.67 Gold 656.75 usd (669.20 usd) Oil - Brent Oct 70.44 usd (69.42 usd) WEEKEND PRESS * Competition Commission believes it has found the smoking gun in its ongoing probe into the practices of the Big Four supermarkets; store ...
    2007-08-19 02:09:59

  • Canada is hot-hot-hot (Los Angeles Times)

    Canadians seem to be in the throes of a home-buying frenzy. To wit: The number of home-sale transactions in Canada is projected to rise by 8% this year (as opposed to a 5.7% decline in the U.S. seen by the National Assn. of Realtors).
    2007-08-19 05:00:28

  • German Chancellor Calls for More Market Transparency (Deutsche Welle)

    In the aftermath of recent turbulence on the global financial market, German Chancellor Angela Merkel reiterated her call for greater transparency, especially as far as hedge funds are concerned.
    2007-08-19 08:46:25

  • Japan Banks May Face Loss as Subprime Problem Spreads (Update2)

    Bloomberg - Credit and stock markets have been roiled by the mortgage crisis, forcing hedge funds managed by Bear Stearns & Co. and Sowood Capital Management LP to liquidate. Mitsubishi UFJ shares closed 4.5 percent lower at 1.06 million yen, their ...
    2007-08-17 12:27:00

  • Fed The Election

    Marketwatch - Sales should slow sharply in coming months in response to the further reduction in credit provided to the mortgage industry in August. Home builders are trying to unload a massive backlog of homes on the market by cutting prices and offering special ...
    2007-08-19 10:37:00

  • Home Buyer Be Savvy

    The Ledger - Mortgage companies are closing; loans are harder to get. It's a great time to buy a ... To protect your credit score, don't have every lender run a credit check. Once ... These loans aren't necessarily bad, but buyers need to know what they're getting ...
    2007-08-19 12:53:00

  • How did we fall into this abyss of bad loans and foreclosures?

    Modesto Bee - ... For most of this decade, buyers of homes and businesses enjoyed "easy" credit ... That spurred the rapid growth of mortgage companies that got their money not from ... By then, many of the home loans made from 2003 to 2005 were going bad. People ...
    2007-08-19 11:49:00

  • County not immune to mortgage troubles

    Bucks County Courier Times - County not immune to mortgage troubles By JOHN REITMEYER phillyBurbs.com The collapse of ... is bleaker, with the nation's once high-flying housing market sinking and credit ... If the situation is still bad, sell the home before it falls into foreclosure ...
    2007-08-19 02:19:00

  • Nevada's foreclosure rate highest in the nation

    Nevada Appeal - I just saw an editorial cartoon with two bankers, one saying to the other 'What's the deal with people with bad credit not buying housing?' "The mortgage industry was stretching people so thin - there were some strange loans. The change is positive ...
    2007-08-19 10:30:00

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