Mortgage and Financial News From 2007-10-8 Page 12
Previous Day: 2007-10-07
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
-
A problem shared is a problem solved (Times Online)
Given the extraordinary rise in property prices over the past decade, many would-be first-time buyers could be forgiven for losing all hope of climbing the housing ladder.
2007-10-08 02:45:45 -
Activities planned in Fond du Lac for national celebration of Money Smart Week (Fond du Lac Reporter)
Several activities are planned this week as Fond du Lac joins in the national celebration of Money Smart Week.
2007-10-08 02:27:16 -
The American Dream in Reverse (New York Times)
The Bush administration and Congress should work to avoid mass foreclosures. Meanwhile, bankruptcy reform would give borrowers a shot at keeping their homes.
2007-10-07 08:07:36 -
CEO Transforms Merrill, but Shift Comes at a Cost
Wall Street Journal - ... the firm's announcement of a $4.5 billion write-down on its huge inventory of risky securities backed by subprime mortgages. ... after the multibillion-dollar hit Merrill is taking on its mortgage-linked bonds, the firm expects to report its second ...
2007-10-08 06:49:00 -
Market for CLOs Shows Signs it Is Rebounding
Wall Street Journal - In particular, the market for asset-backed securities of collateralized debt obligations, which are based on asset-backed securities including U.S. subprime mortgages, has come to a virtual standstill. Issuance fell from $54 billion in the second ...
2007-10-07 07:36:00 -
Electors of marginal Crawley side with Tories on protecting their ...
Times Online - ... of a £1million inheritance tax threshold has caused Crawley residents who previously voted Labour without a second thought ... called wealthy individuals,” he said. “They're not sitting on landed estates. They've worked hard to pay their mortgages ...
2007-10-08 06:41:00 -
Aussie Set to Follow Loonie to Parity as Rates Rise (Update3)
Bloomberg - The rally in Australia's dollar stalled in August as concerns about losses on securities tied to U.S. subprime mortgages ... Kokusai Global Sovereign Open, the world's second-biggest actively managed bond fund after the Pimco Total Return Fund, is ...
2007-10-08 06:13:00 -
Oil Poised for Drop as Price Gap to Gasoline Widens (Update1)
Bloomberg - Profits from making fuels are so low that refiners have 12.5 percent of capacity off line, the second-highest rate of the ... The combination of the threat of layoffs and higher mortgages might finally be doing the job.'' Not everyone ...
2007-10-08 08:22:00 -
Debt Slave Act of 2005 Revisited
Safe Haven - Under current law, when a person files for Ch. 13 bankruptcy, judges cannot reduce mortgage debt owed on a person's primary residence, although they may modify mortgages on investment property or second homes. Under the House bill, the ...
2007-10-08 05:30:00 -
Property buyers sit on their hands
The Australian - Elsewhere, South Australian mortgages stayed above $250,000 for the second consecutive month. In August last year, the average SA mortgage was $222,210 but in September this year it was $253,900. The AFG data, which includes refinanced mortgages that ...
2007-10-08 06:56:00 -
Debt: From disgrace to entitlement
Dallas Morning News - The second wave will come in the next two years and will take down high-income, middle-class suburban homeowners with mortgages of $200,000 or more, Mr. Manning said. "Not only have they overpaid for their homes, but they've also ...
2007-10-08 06:20:00 -
Merrill Lynch Ratings, Estimates Reduced by Analysts (Update1)
Bloomberg - The world's largest banks and securities firms have reported credit and market losses of at least $21 billion after defaults on subprime mortgages -- which reached a five-year high in the second quarter -- contaminated securities backed by home loans ...
2007-10-08 07:24:00 -
Many minority mortgages 'high cost,' study says
Houston Chronicle - The analysis, which excludes refinances and second mortgages, uses the Federal Reserve's definition of high-cost loans: mortgages whose rates are at least 3 percentage points above comparable Treasury securities, a category that includes most ...
2007-10-05 05:58:00 -
Stocks waver ahead of earnings
MSNBC - ... results. The third-quarter results being reported will reflect the difficult times some companies have faced — particularly in the financial and housing sectors — following upheaval in the credit markets and amid a souring of some home mortgages.
2007-10-08 08:07:00 -
For banking earnings, flat may be where it's at (Minneapolis-St. Paul Star Tribune)
In a time of financial turmoil, good news is in the eye of the beholder. Minnesota's biggest banks are getting set to report earnings for the tumultuous third quarter, and most analysts are projecting that they'll turn in flat, rather than falling, results. In the banking industry right now, that's about as good as it gets. Bad mortgages, weaker consumer credit demand and declining profit ...
2007-10-07 02:13:23
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19 20 21 - 40
