Mortgage and Financial News From 2007-10-11 Page 17
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New role for Boston Fed
Boston Globe - ... mortgage borrowers who may be candidates for refinancing into more conventional loans by banks. Some are people with relatively high credit scores, borrowers who are making payments every month on old teaser loans with rates higher than current ...
2007-10-10 11:21:00 -
Feldman Mall Properties, Inc. Reports 1st Quarter 2007 Financial ...
Forbes - The $104.5 million first mortgage closed May 8, 2007 with an initial term of 36 months and bearing ... for shop space and the success of our lease-up plans; availability and creditworthiness of current and prospective tenants; and lease rates and ...
2007-10-11 04:08:00 -
U.S. Initial Jobless Claims Fell 12,000 to 308,000 Last Week
Bloomberg - Fed policy makers signaled they were in no hurry to reduce rates again after ... Still, home builders, furniture makers, mortgage lenders and other companies linked ... statement. ``We believe this action will align our staffing levels with current ...
2007-10-11 05:41:00 -
Zacks Analyst Interview Highlights: PMI Group, PartnerRe ...
MSN MoneyCentral - How badly do your expect your mortgage insurers will perform? We expect the ... At current valuations, the bad news appears to have been priced in to a great ... gain most from the situation combined with the firming of reinsurance rates. We ...
2007-10-11 04:36:00 -
FBR to Report Third Quarter 2007 Results
MSN MoneyCentral - ... stated expectations or current circumstances. These factors include, but are not limited to, the effect of demand for public offerings, activity in the secondary securities markets, interest rates, costs of borrowing, interest spreads, mortgage ...
2007-10-11 05:26:00 -
Principal Mortgage Fund, Inc. Enters Into a Letter of Intent to ...
Market Wire - ... owner (60%) of Fair Home Lending Financial, Inc. ( http://www.fairhomelending.com ), a California mortgage company that is in current ... programs, FHL will negotiate with aggressive lenders to ensure its clients obtain the most competitive rates ...
2007-10-11 06:02:00 -
South Korea Keeps Interest Rates Steady
CNBC - South Korea's central bank held interest rates steady on Thursday, as expected ... to a six-year high, marking the sixth and seventh increases under the current ... and the anticipated impact on the global economy from the U.S. subprime mortgage ...
2007-10-10 08:58:00 -
Bank of Japan expected to keep interest rates steady
CNBC - TOKYO - The Bank of Japan was expected to keep interest rates steady ... will likely hold off on raising a key interest rate from the current 0.5 percent as they watch how things pan out in the United States, where problems in the subprime mortgage ...
2007-10-10 09:20:00 -
Beazer Homes Announces Findings of Independent Audit Committee ...
Forbes - ... previously announced independent internal investigation into the Company's mortgage ... The restatement will not cause an adjustment to the Company's current cash position ... real estate into the borrowing base, subject to agreed upon advance rates on such ...
2007-10-11 04:58:00 -
U.K. September House Prices Decline for Second Month (Update3)
Bloomberg - HBOS Plc, Abbey and other lenders have increased mortgage rates after losses in the U.S. subprime market made commercial ... Governor Mervyn King said Oct. 9 he's reluctant to cut interest rates from the current six- year high to shield lenders from ...
2007-10-11 04:36:00 -
Business Minute: Stocks mixed...Retail numbers due....Toy recall
Idaho8.com - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money Money ... Associated Press - October 11, 2007 6:43 AM ET NEW YORK (AP) - Stocks ended mixed in the latest session. The Dow fell ...
2007-10-11 02:56:00 -
Japan Holds Rates Steady, Machinery Orders Fall
CNBC - ... were minus, you can't say this is positive for the BOJ to raise interest rates ... Separate government data showed that Japan's current account surplus rose 42.1% in ... But that has changed dramatically since the spillover from U.S. subprime mortgage ...
2007-10-10 11:21:00 -
ZipRealty Announces Cost Rationalization Plan and Revises 2007 Revenue ...
Forbes - Pat Lashinsky, CEO and President of ZipRealty, commented, "Given the uncertainty of today's current residential real estate and home mortgage ... third parties that it does not control, economic events or trends in housing prices, interest rates ...
2007-10-11 05:34:00 -
Foreclosure Filings Nearly Double
Newsday - If a homeowner can't find a way to get current on payments, the home is then often put up ... standards, further narrowing options for homeowners struggling to pay their mortgage. Nevada, Florida and California had the highest foreclosure rates in the ...
2007-10-11 06:24:00 -
White House says mortgage coalition to help borrowers
Boston Globe - ... to fixed-rate loans if the borrowers were current on their payments and living in the homes. Estimates are that mortgages resetting from low "teaser" rates could mean an extra $250 to $300 in monthly payments on the typical $1,200 monthly mortgage ...
2007-10-11 01:44:00
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