Mortgage and Financial News From 2008-1-31 Page 35

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  • Backsliding Currencies & Gold - Gold Seek

    Backsliding Currencies & GoldGold Seek - 1 hour agoThe utter insanity of US-style lending was epidemic, as will be the death count for both lenders and borrowers. Three very important points need to be kept ...
    2008-01-31 10:42:37

  • Aust/US rate gap now at three-year high

    News.com.au - The US Federal Reserve's decision to cut its key interest rate and its suggestion that more cuts are in the pipeline will be ongoing positives for the Australian dollar. The Fed said it would lower the fed funds rate by 50 basis points (a half per ...
    2008-01-31 08:11:00

  • OCPP Finds Racial Pattern in Oregon's Subprime Lending - Salem-News.Com

    OCPP Finds Racial Pattern in Oregon's Subprime LendingSalem-News.Com, OR - 1 hour ago... well those of other large lenders. Unlike Washington Mutual itself, its subsidiary Long Beach Mortgage sold loans through a network of mortgage brokers, ...
    2008-01-31 10:43:03

  • FTI Consulting Identifies Key Drivers Affecting Corporate ... - FOXBusiness

    FTI Consulting Identifies Key Drivers Affecting Corporate ...FOXBusiness - 1 hour agoIn addition, credit markets will force companies and lenders to the table more often as borrowers experience covenant or liquidity issues and lenders ...
    2008-01-31 10:44:03

  • Rand slides after rate decision

    Financial Times - The South African rand took another tumble on Thursday after the country’s central bank left interest rates on hold after its policy meeting. Despite rampant inflationary pressures, the Reserve Bank of South Africa said it took the decision to ...
    2008-01-31 08:47:00

  • Delinquent Borrowers: 57 Percent Unaware of Workout Options, Says ... - FOXBusiness

    Delinquent Borrowers: 57 Percent Unaware of Workout Options, Says ...FOXBusiness - 1 hour agoThe Ad Council, NeighborWorks America, the Homeownership Preservation Foundation (HPF), Freddie Mac and a coalition of mortgage investors and lenders ...
    2008-01-31 10:45:24

  • Hong Kong shares close lower despite rate cuts; down 15.7 pct in Jan ...

    CNN Money - HONG KONG (XFN-ASIA) - Share prices closed lower as US and local interest rate cuts failed to cheer investors, with the market also weighed down by continued weakness on mainland bourses. Dealers noted that local banks cut their rates by only 25 ...
    2008-01-31 08:11:00

  • Fannie Mae Redemption - FOXBusiness

    Fannie Mae RedemptionFOXBusiness - 1 hour agoFannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to ...
    2008-01-31 10:45:33

  • Key US interest rate cut

    News.com.au - THE US Federal Reserve cut a key interest rate by a half-percentage point today as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch. The Fed's action takes the bellwether federal funds ...
    2008-01-31 08:11:00

  • Appalachian Bancshares, Inc. Reports Fourth Quarter Results - FOXBusiness

    Appalachian Bancshares, Inc. Reports Fourth Quarter ResultsFOXBusiness - 1 hour agoWe have leveraged the specialized talents of real estate lenders during the quarter to pinpoint potential credit issues and to deal with them quickly and ...
    2008-01-31 10:45:35

  • Taking Out a Reverse Mortgage - Entrepreneur

    Taking Out a Reverse MortgageEntrepreneur - 1 hour agoAnother important difference is that the interest on a reverse mortgage is not tax deductible until the loan is repaid. Some lenders will not only want ...
    2008-01-31 10:45:39

  • Insight: Spain’s banks weather credit crisis - Financial Times

    Insight: Spain’s banks weather credit crisisFinancial Times, UK - 1 hour agoSpanish lenders are now furtively turning their mortgage loans into privately placed bonds to use these as collateral to get access to liquidity from the ...
    2008-01-31 11:02:48

  • BoE governor may have to show more flexibility - Economic Times

    BoE governor may have to show more flexibilityEconomic Times, India - 11 minutes agoWhile the 59-year-old King has done nothing to reduce speculation the central bank will lower its benchmark interest rate next week, the debate centres on ...
    2008-01-31 12:13:34

  • 30-year mortgage rates rise in latest week - Reuters

    30-year mortgage rates rise in latest weekReuters - 1 hour agoLenders charged an average of 0.4 percent in fees and points on 30-year and 15-year mortgages, as well as the 5/1 ARM, all unchanged from last week. ...
    2008-01-31 11:03:27

  • SEBI raises FII investment cap in govt securities to $3.2 bn - Economic Times

    SEBI raises FII investment cap in govt securities to $3.2 bnEconomic Times, India - 11 minutes agoWith the Fed cutting interest rates by 125 basis points in the last eight days, the rupee could gain greater ground against the dollar, while the interest ...
    2008-01-31 12:13:37

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