Mortgage and Financial News From 2007-12-28 Page 16

RSS Feed

Previous Day: 2007-12-27

Return to the mortgage news archive home.

  • Brown Should Give King Second Term at BOE Helm, Lawmakers Say

    Bloomberg - The surge in credit costs following the collapse of the U.S. subprime mortgage market choked off funds to Northern Rock and required the mortgage lender to tap the Bank of England for loans of at least 25 billion pounds ($49 billion). The Treasury ...
    2007-12-26 03:56:00
  • Centerline, Fannie Mae, Finish Line, PMI: U.S. Equity Movers

    Bloomberg - KB Home (KBH US) slipped 3.8 percent to $21.25. Pulte Homes Inc. (PHM US) dropped ... MGIC Investment Corp. (MTG US), the largest U.S. mortgage insurer, declined 4.3 ... The lender and investor in affordable housing lowered its 2008 earnings forecast ...
    2007-12-28 08:59:00
  • Bankruptcies Likely to Rise in 2008

    Forbes - In a twist from this year's trends, the pain is likely to spread from mortgage lenders, home builders and consumer-oriented ... as distressed, which include Remington shavers and consumer-products conglomerate Spectrum Brands Inc., mortgage lender ...
    2007-12-28 09:06:00
  • Real estate grey zones or "Can they really do that?"

    San Francisco Gate - It's a question I've been asked again and again from first-time home buyers, seasoned sellers ... In effect, if you're borrowing money under false premises and lying to the bank, that's mortgage fraud. Otherwise it's between you and your lender.
    2007-12-28 09:20:00
  • Bank survey says U.K. home prices declined for second straight month

    Canada East - LONDON - Home prices in the United Kingdom fell for the second straight month in December, a further sign that higher interest rates and tightening credit markets are cooling the British economy, a major mortgage lender reported Friday. Home prices ...
    2007-12-28 06:00:00
  • U.K. Nationwide House Prices Fell 0.5% in December (Update3)

    Bloomberg - Home values dropped 0.5 percent from November to 182,080 pounds ($364,000), Britain's fourth-largest mortgage lender said today. Last month's 0.8 percent drop was the biggest since June 1995. From a year ago, gains ebbed to 4.8 percent, matching the ...
    2007-12-28 08:23:00
  • Audit faults Md. oversight of mortgage sector

    Baltimore Sun - As of June, state regulators were as much as two years late in performing required mortgage-lender examinations, according to a ... Maryland home sales View a heat map that reflects the majority of home sales in 2007 and search for individual sales in ...
    2007-12-28 08:02:00
  • Australia RAMS says extends two funding facilities (Reuters via Yahoo! Singapore News)

    SYDNEY, Dec 28 - Australian mortgage lender RAMS Home Loans Group Ltd said on Friday it has extended two funding facilities that had been due to expire on Dec. 31 as it tries to refinance its debt following the U.S. subprime mortgage crisis.
    2007-12-27 03:45:39
  • British home prices keep sliding (Toronto Star)

    LONDON – Home prices in the United Kingdom fell for the second straight month in December, a further sign that higher interest rates and tightening credit markets are cooling the British economy, a major mortgage lender reported today.
    2007-12-28 05:50:51
  • Warming enough for you?

    Globe and Mail - ... their economic leverage to force these nations into pure market economics which they cannot manage. i.e Malawi had major surpluses of grain from 'fat years' which the IMF forced them to sell for a loss on the international market as part of 'interest ...
    2007-12-26 03:56:00
  • Fixed Index Annuities Protect Investors From Market Herd Behavior

    Insurance News Net - CDs are a special type of deposit account with a bank or thrift institution that carry higher interest rates than regular savings account. However, like treasury bonds, the inherent safety and short-term nature of a CD investment makes their interest ...
    2007-12-28 07:40:00
  • Would-be Homebuyers Wait For Discounts

    New London Day - For example, interest rates on so-called jumbo mortgages — home loans for more than $417,000 — are slightly higher than six months ago. Because Freddie Mac and Fannie Mae don't buy mortgages with loan amounts that high, lenders are wary of ...
    2007-12-28 03:08:00
  • Wall Street seen opening higher, financials gain

    Ottawa Citizen - S&P 500 futures were up 10.7 points, well above fair value, a mathematical formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 76 ...
    2007-12-28 06:00:00
  • China Yuan Official Central Parity Rates For Friday

    FXStreet.com - China Yuan Official Central Parity Rates For Friday The China Foreign Exchange Trade System published the following ... The Dow Jones content includes facts, views, opinions and recommendations of individuals and organizations deemed of interest ...
    2007-12-28 01:14:00
  • European govt bonds track Treasuries higher after weak US new home ...

    FXStreet.com - ... the latest housing market survey from Nationwide building society showed house prices fell for the second consecutive month in December, which alongside other weak data recently have reinforced views that the Bank of England will cut interest rates ...
    2007-12-28 08:37:00