Mortgage and Financial News From 2007-11-8 Page 15
Previous Day: 2007-11-07
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Big Ben Cautious, But Positive
Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... The Fed chairman also acknowledged mortgage woes are likely to continue, though he called the economy resilient. Bernanke also ...
2007-11-08 08:54:00 -
Money talk: Mortgage protection
Daily Telegraph - Homeowners already struggling to meet rising mortgage payments should consider how they would cope if their salary stopped. Most people insure their home - but only one in three families insure their ability to pay for the roof over their heads ...
2007-11-08 04:43:00 -
Home Loan Investigation Grows
HispanicBusiness.com - New York Attorney General Andrew Cuomo's subpoenas to government-sponsored lenders Fannie Mae and Freddie Mac sent another shock into the home mortgage industry, where he said conflicts of interests are costing consumers thousands of dollars because ...
2007-11-08 07:35:00 -
Toll Brothers sees lower home-building revenue
CNBC - Other builders have attributed high cancellation rates to buyers' inabilities to obtain a mortgage. The average price of a Toll home under contract was $557,000 after cancellations, which typically involved higher-priced single-family homes with ...
2007-11-08 07:21:00 -
Bernanke- rising home foreclosures very important issue
Reuters - WASHINGTON, Nov 8 (Reuters) - Federal Reserve Chairman Ben Bernanke on Thursday called a rise in home foreclosures in the midst of the subprime mortgage debacle a very important issue. "I think it is a very serious problem. I think it hurts people, I ...
2007-11-08 08:39:00 -
NY announces plans to address rising foreclosures
Reuters - Cuomo's office is in the midst of an expanding probe of the $10 trillion U.S. home mortgage industry. He announced on Wednesday that he was planning to subpoena records of mortgage finance companies Fannie Mae (FNM.N: Quote , Profile , Research ) and ...
2007-11-08 07:35:00 -
Mortgage-Finance Companies Under Scrutiny (KOLR/KSFX Ozarks)
(Washington, DC) -- New York Attorney General Andrew Cuomo delved deeper into the nation's hurt housing industry yesterday by subpoenaing two of the largest home mortgage-financing companies.
2007-11-08 04:26:15 -
Home Loan Investigation Grows (HispanicBusiness.com)
New York Attorney General Andrew Cuomo's subpoenas to government-sponsored lenders Fannie Mae and Freddie Mac sent another shock into the home mortgage industry, where he said conflicts of interests are costing consumers thousands of dollars because of inflated appraisals.
2007-11-08 07:56:20 -
Home agency stops mortgage counseling (The Columbian)
At a time when more Clark County homeowners are faced with the threat of foreclosure, a local agency has discontinued counseling services that help with mortgage default.
2007-11-08 09:08:39 -
Inter Pipeline Fund Announces Record Third Quarter Results and ...
Market Wire - ... Inter Pipeline announced that the Partnership expects to maintain its current level ... which includes the recovery of all operating costs, depreciation, taxes and interest ... Tank utilization rates averaged 95.8%, compared to 94.5% in 2006 reflecting ...
2007-11-08 08:18:00 -
Poland needs at least four more hikes-Noga
Guardian Unlimited - A worsening current account situation, real GDP above potential, also likely to stay above potential despite slowing down ... Pressure mounts on Blair after Menezes report Sport Argentina request Six Nations spot Business Bank holds interest rates
2007-11-08 05:26:00 -
ECB Keeps Key Rate at 4% as Prices Rise, Growth Slows (Update2)
Bloomberg - Nov. 8 (Bloomberg) -- The European Central Bank left interest rates unchanged as policy makers weigh signs of slowing ... We can't make the mistake of taking current inflation rates as a projection for future rate policy,'' said Gertrud Traud, chief ...
2007-11-08 05:26:00 -
FOCUS BoE on hold, but December cut likely if data stays weak
Forbes - LONDON (Thomson Financial) - The Bank of England kept interest rates on hold today, but economists said a cut could come as ... Although it is true that economic growth may have peaked in the last quarter and is slowing in the current one, there is ...
2007-11-08 06:16:00 -
Zuma may face new charges ahead on ANC conference
Talk Radio 702 - But Zille says the ANC conference can't go ahead under the current circumstances. Zille's comments come as the NPA says it’s extremely pleased at the Supreme Court of Appeal ruling against Zuma. Back to headlines Rasool moves to allay air safety fears ...
2007-11-08 07:42:00 -
Bernanke Sees Period of Slow Growth
AOL - ... will cause business growth to slow noticeably in coming months. Bernanke told Congress' Joint Economic Committee that the central bank is watching developments closely, but gave no signal that it's prepared at the current time to cut interest rates ...
2007-11-08 06:59:00
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