Mortgage and Financial News From 2007-11-8 Page 5

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  • Trimac Announces Improved Third Quarter Results

    CNBC - ... will not have a material adverse affect on its results of operations and financial condition; and - Financing - No assurances can be made that financing will be available when required by business needs or to refinance existing ...
    2007-11-08 02:30:00

  • Bernanke says US economy likely to slow

    Houston Chronicle - He said the administration, the Fed and other banking regulators were working to get mortgage lenders to move more aggressively to work with borrowers to help them refinance to more affordable mortgages and avoid losing their homes. ___ On the Net: ...
    2007-11-08 03:56:00

  • BAA’s finances (Financial Times)

    When Spain’s Ferrovial bought BAA last year, with Singapore’s GIC and Canada’s biggest pension fund manager, it was expected to refinance rapidly both acquisition loans and the outstanding bonds it assumed.
    2007-11-08 05:28:07

  • Wednesday Readers' Forum

    Marin Independent Journal - ... logical result for someone who has lost a job and fallen behind on their mortgage ... As for him not being able to refinance: good. Any lender who financed Mr. Minto's ... Bogus information' by Harte I'm just writing to inform the IJ that my subscription ...
    2007-11-06 03:59:00

  • Canadian Tire third quarter net earnings rise 10.8% to $105.7 million

    CNW Group - news & information:
    2007-11-08 08:32:00

  • Another step taken in sale of transpark bonds

    Bowling Green Daily News - ... by a 3-1 margin Tuesday night to sell up to $29.5 million in bonds to refinance the ... that could be necessary is being requested, just to make sure; the old mortgage ... city must allow residents time to organize a petition against it, Citizen Information ...
    2007-11-06 03:59:00

  • Bernanke warns oil prices will lead to increased headline inflation ...

    Forbes - Incoming information on the performance of mortgage-related assets has intensified investors' concerns about credit ... that would expand the Federal Housing Administration's role in offering mortgage insurance and helping people refinance ...
    2007-11-08 07:28:00

  • NY warned that action against subprime lenders can sink economy (The Post-Star)

    ALBANY, N.Y. - New York officials seeking to force subprime mortgage lenders to help rescue homeowners facing unaffordable new rates stepped up their effort Thursday even as a commentator and falling stock prices warned their increased regulation could lead to a recession.
    2007-11-08 01:58:17

  • Bankrate: Mortgage rates inch up

    Marketwatch - NEW YORK (MarketWatch) -- The average rate on fixed-rate 30-year mortgages rose to 6.34% this week from 6.29% last week, reported Bankrate Inc., which operates personal-finance Web site Bankrate.com, on Thursday. The average 15-year fixed mortgage ...
    2007-11-08 04:58:00

  • HSBC Ends Sales of Mortgage-Backed Securities in U.S. (Update2)

    Bloomberg - Creation of collateralized mortgage obligations that repackage agency mortgage bonds to produce new debt with different reactions to changes in interest rates has also slowed amid bond-market turmoil. Sales fell from $24 billion in July to $7 billion ...
    2007-11-08 11:03:00

  • Freddie Mac: Mortgage rates slip in latest week

    Marketwatch - NEW YORK (MarketWatch) -- U.S. fixed-rate mortgages inched down slightly in the latest week to their lowest levels since May, according to Freddie Mac's survey released Thursday. The national average interest rate on the benchmark 30-year, fixed-rate ...
    2007-11-08 06:45:00

  • Sector Wrap: Homebuilders Drop

    CNBC - Meanwhile, Bankrate Inc., which operates a series of financial Web sites, said 30-year mortgage rates edged up in the past week because of continued troubles in the credit markets. Lenders are expected to demand a higher return on their money _ in ...
    2007-11-08 12:07:00

  • Rates - the truth of the matter

    The Australian - THE Whitlam government inherited a highly regulated financial system that produced massive increases in the few market rates that were free to move. It created catastrophic inflation but mortgage rates were fixed by government fiat. The price of this ...
    2007-11-08 05:15:00

  • Bernanke proposes mortgage guarantees

    MSNBC - Though not explicitly backed by tax dollars, these mortgage pools are considered less risky by investors. That tends to keep interest rates lower than on “jumbo” loans above the $417,000 cap. Congress has looked at the idea of raising the cap ...
    2007-11-08 03:49:00

  • Bank holds rates despite Halifax view that housing boom is over

    Times Online - Fresh confirmation from Britain’s biggest mortgage lender that the house price boom is over failed to persuade the Bank of England to cut interest rates yesterday. Halifax, the nation’s biggest mortgage lender, said that its latest survey showed ...
    2007-11-08 01:54:00

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