Mortgage and Financial News From 2007-10-11 Page 2

RSS Feed

Previous Day: 2007-10-10

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

  • Fannie, Freddie Plan Imperils `Soundness,' Ofheo Says (Update1)

    Bloomberg - ... 1970, in August and home purchases declined to the lowest level in more than seven years, according to the Commerce Department. At the same time subprime delinquency rates have risen to record highs. Ofheo raised a limit on the mortgage ...
    2007-10-11 11:53:00

  • Despite foreclosure decline, worst to come

    MSNBC - ... group reported its index of builder confidence fell in September to the lowest ... activity varies greatly depending on your location, and the highest rates of ... The pace of foreclosures has been fueled by a wave of adjustable rate mortgage resets ...
    2007-10-11 05:22:00

  • Japan's Wholesale Prices Rise as Wheat Costs Surge (Update1)

    Bloomberg - ... yesterday kept the key overnight lending rate at 0.5 percent, the lowest in the industrialized world, as policy makers sought more time to assess the effect of the U.S. subprime-mortgage crisis on global economic growth. Interest Rates ...
    2007-10-11 05:29:00

  • Stocks Fall Back on Inflation Worries

    Chicago Tribune - At this point, the market is split on whether the Fed will lower rates. "You kind of have to wait and see," said Stephen ... The U.S. trade deficit fell to its lowest level in seven months -- a much better reading than Wall Street expected -- amid ...
    2007-10-10 05:59:00

  • New Zealand Dollar Gains as Sales Excluding Automobiles Jump

    Bloomberg - The Bank of Japan yesterday kept rates unchanged at the lowest of major economies, saying it needs more time to gauge the effect of the U.S. subprime-mortgage crisis on the global economy. In New Zealand, 10 of 13 economists surveyed by ...
    2007-10-11 05:29:00

  • Global uncertainties keep rates in Japan steady (International Herald Tribune)

    The Bank of Japan kept its benchmark interest rate steady after a two-day policy meeting ended Thursday amid lingering concerns U.S. credit worries may hurt economic growth here.
    2007-10-11 04:35:38

  • Today's Business (The Myrtle Beach Sun News)

    UNITED STATES FREDDIE MAC Mortgage rates rise slightly for week
    2007-10-11 09:30:18

  • SHADES OF GREEN: The 4 Big Rustlers On The Mortgage Ranch And How To Corral Them (Nasdaq)

    SAN FRANCISCO (Dow Jones) -- As Wall Street parties high on 14,000-proof Dow spirits, thousands of poor saps nationwide are going on benders of their own after getting notices of steep mortgage-rate hikes and realizing they're going to lose their homes.
    2007-10-11 08:26:20

  • Rates on 30-year mortgages rise (AP via Yahoo! News)

    Rates on 30-year mortgages edged up slightly this week following a better-than-expected report on job growth.
    2007-10-11 02:29:13

  • Rates on 30-year mortgages rise (Lexington Herald-Leader)

    Rates on 30-year mortgages edged up slightly this week following a better-than-expected report on job growth. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.40 percent this week, up from 6.37 percent last week. In mid-September, the nationwide average for 30-year mortgages had dipped to 6.31 percent, the lowest level since May 17. Analysts ...
    2007-10-11 02:41:09

  • Mortgage Rates Inch Up (Forbes)

    Freddie Mac reported that the average 30-year fixed mortgage rate rose to 6.4% last week on better than expected employment news.
    2007-10-11 09:32:09

  • Countrywide Says Bad Mortgages Rise, New Loans Fall (Update3)

    Bloomberg - Oct. 11 (Bloomberg) -- Countrywide Financial Corp., the largest U.S. mortgage company, said late payments at its servicing unit rose, foreclosures doubled and new loans fell 44 percent as housing sales slowed. Overdue loans as a percentage of unpaid ...
    2007-10-11 08:11:00

  • Beazer Homes faces up to $15M fine for loan violations

    USA Today - ... one in five homes has fallen into foreclosure, according to an analysis by The Charlotte Observer . In Beazer's internal investigation, forensic auditors found that employees at its mortgage unit violated rules on down payment assistance for loans ...
    2007-10-11 05:29:00

  • Capital One's Mortgage Chief Resigns

    Wall Street Journal - WASHINGTON -- Lance Melber, the top official at Capital One Financial Corp.'s mortgage division, told employees yesterday he was leaving the unit he founded to pursue other ventures. Jay Listisen, also one of Capital One Home Loans' top executives ...
    2007-10-11 06:41:00

  • U.S. Investors Face An Age of Murky Pricing

    Wall Street Journal - A hedge-fund trader says his firm recently bought $1 billion of risky subprime mortgage loans from Bear Stearns with a one-year pact, known as a "mandatory auction call," under which Bear agrees to participate in an auction for the loans that will ...
    2007-10-11 08:14:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40