Mortgage and Financial News From 2007-9-5 Page 8

RSS Feed

Previous Day: 2007-09-04

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

  • Letters to the Editor (The Christian Science Monitor via Yahoo! News)

    Lenders need to lessen the burden on mortgage holdersIn response to the Aug. 30 article, "Subprime loans face big hikes," about interest rates on homes going up, the piece made me realize that this whole subprime mortgage business is about greed and not survival.
    2007-09-05 01:00:00

  • Bank of Canada keeps interest rates on hold (Reuters via Yahoo! Canada News)

    The Bank of Canada kept its key interest rate on hold on Wednesday, as expected, and suggested that it could stay on the sidelines if the credit market turmoil tempers red-hot economic growth.
    2007-09-05 01:29:00

  • New York Mortgage Trust, Inc. Announces Recent Developments and De-listing from NYSE (FinanzNachrichten)

    NEW YORK, Sept. 5 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. , a self-advised real estate investment trust (REIT) engaged in the investment in and management of high credit quality residential adjustable rate mortgage (ARM) loans and mortgage-backed securities (MBS), today seeks to update the marketplace about recent developments that have occurred since the Company reported its ...
    2007-09-05 01:51:44

  • Fitch Affirms Penn Mutual 1996-PML (Business Wire via Yahoo! Finance)

    CHICAGO----Fitch Ratings has affirmed the Penn Mutual Life Insurance Company's commercial mortgage pass-through certificates, series 1996-PML, as follows: Interest-only class X-1 at 'AAA'; Interest-only class X-2 at 'AAA'; $182,309 class P at 'AAA'; $7.2 million class L at 'AAA' $11.7 million class M at 'AA'.
    2007-09-05 10:12:00

  • Bank of Canada keeps interest rates steady (Canada.com)

    Governor of the Bank of Canada David Dodge. OTTAWA — The Bank of Canada left its benchmark interest rate steady at 4.5 per cent on Wednesday in a widely anticipated move prompted by recent turmoil in financial markets, spurred by a meltdown in the U.S. subprime mortgage market.
    2007-09-05 07:44:32

  • China Delays Hong Kong Stocks Program, Officials Say (Update3)

    Bloomberg - Sept. 5 (Bloomberg) -- China will delay allowing local investors to buy Hong Kong shares directly until rules have been introduced to limit capital outflows, according to three officials at the country's banking regulator. The State Council blocked ...
    2007-09-05 07:28:00

  • Horse Slaughtering Inspires Plant's Last Gasp Amid Illinois Ban

    Bloomberg - It's also home to the 25,000-student Northern Illinois University. Model's Roots DeKalb native Crawford was born in 1966 and graduated from DeKalb High School as valedictorian. She headed for Manhattan in 1986, and appeared on the ...
    2007-09-05 07:28:00

  • Kraft to Cut Jobs, Realign Staff to Gain on PepsiCo (Update1)

    Bloomberg - Howard, who rates Kraft as ``outperform,'' estimates the foodmaker's margin will start widening next year, helped by cost ... Stocks Fall on Home-Sales Data, Credit Concern; Citigroup Shares Drop Pending Sales of Existing U.S. Homes Tumble 12 ...
    2007-09-05 07:28:00

  • Democrat in mortgage reform plan

    BBC News - A senior Democratic senator has unveiled plans to ban US mortgage brokers and lenders ... Other data showed future US home sales fell to a six-year low in July. The ... good way to protect borrowers - especially those who had taken low teaser rates ...
    2007-09-05 02:37:00

  • Costco reports disappointing August sales

    Seattle Times - Consumers have also cut back on spending due to slumping home prices and higher mortgage rates. Costco also cited the effect of lower gasoline prices. The price of a gallon of gasoline at the end of last month was $2.80, 3.4 percent lower than a year ...
    2007-09-05 11:45:00

  • Dollar down against most major currencies after home sales data, Fed ...

    International Herald Tribune - ... dollar fell Wednesday against most major currencies after discouraging U.S. home ... Lower interest rates, used to jump-start the economy, can weaken a currency by ... past month's market volatility, triggered by worries over the U.S. subprime mortgage ...
    2007-09-05 02:23:00

  • Wall St sells off on home sales data

    MSN MoneyCentral - The meltdown in the mortgage market caused the biggest drop on record in August for pending home sales, taking the index down to the lowest level since the ... said a weak report would give the Federal Reserve ammunition to cut interest rates. "A ...
    2007-09-05 02:37:00

  • Pending home sales fall to six-year low

    MSNBC - ... index that forecasts near-term home sales suggests borrowers in expensive areas are struggling to finalize home purchases amid mortgage ... all but the safest mortgages, and many lenders making jumbo loans have demanded that borrowers pay higher rates. ...
    2007-09-05 01:54:00

  • Stocks fall on housing data; BoC holds line on rates, cautions on ...

    Thunder Bay Chronicle-Journal - Home Obituaries Sports Business Careers Classifieds ... interpreted this as not helpful in persuading the central bank to cut rates to ... per cent from a year ago and 12.2 per cent from the prior month amid the mortgage ...
    2007-09-05 01:47:00

  • U.S. Economy: Pending Home Sales Drop Most on Record (Update4)

    Bloomberg - ... Brothers Holdings Inc. in New York, who predicted a 3 percent drop. ``This number does not look good for existing home ... Homebuilder optimism and the trend in mortgage rates point to the fact that housing is still struggling,'' said Ryan Sweet, an ...
    2007-09-05 02:37:00

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