Mortgage and Financial News From 2007-10-11 Page 6

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  • UPDATE 2-Bush: U.S. housing weakness not nationwide

    Reuters - WASHINGTON, Oct 11 (Reuters) - President George W. Bush on Thursday said weakness in U.S. housing markets was regional, not national, and that the solution to the problem was not more regulation but to help people refinance their mortgages. "The ...
    2007-10-11 02:45:00

  • Bush to nominate Murin as Ginnie Mae president

    Reuters - An initiative by the Bush administration to help borrowers pinched by the housing slump and facing default refinance into government programs is expected to boost Ginnie Mae's share of the $7.2 trillion mortgage bond market, where it competes with ...
    2007-10-11 02:45:00

  • A lot of Countrywide news

    Boston Online - Boston housing activist Bruce Marks, head of the Neighborhood Assistance Corp. of America, which put up $1 billion to refinance subprime mortgages, is launching a boycott of Countrywide today. In NACA's statement, borrower Martin Dolloff told a story ...
    2007-10-11 03:06:00

  • JP Morgan says credit turmoil's worst yet to come

    Reuters UK - Default rates remain at historic lows this year as an abundance of credit had helped them refinance, avoiding insolvency. "Bankruptcies are intrinsically linked to the availability of credit, and turbulence in the financial markets will ultimately ...
    2007-10-11 05:51:00

  • Democrats agree on Fannie, Freddie caps

    BusinessWeek - That's not the view of Democrats who would require 85 percent of the total $147 billion increase, or $125 billion, in debt added to the companies' portfolios be directed at helping borrowers with weak, or subprime, credit refinance loans due to reset ...
    2007-10-11 05:22:00

  • Allegheny Energy to refinance bonds

    CNBC - GREENSBURG, Pa. (AP) - Electric utility Allegheny Energy Inc. said Thursday that subsidiary Allegheny Energy Supply Co. LLC will refinance a total of $215.5 million of tax-exempt bonds. The company will refinance $89.5 million of tax-exempt pollution ...
    2007-10-11 02:45:00

  • Bush says housing weakness not nationwide (Reuters via Yahoo! News)

    President George W. Bush on Thursday said weakness in U.S. housing markets was regional, not national, and that the solution to the problem was not more regulation but to help people refinance their mortgages.
    2007-10-11 02:44:33

  • Bush: U.S. housing weakness not nationwide (Reuters via Yahoo! News)

    President George W. Bush on Thursday said weakness in U.S. housing markets was regional, not national, and that the solution to the problems was not more regulation but to help people refinance their mortgages.
    2007-10-11 01:47:23

  • Bush: Housing weakness not nationwide (Reuters via Yahoo! News)

    President George W. Bush on Thursday said weakness in housing markets was regional, not national, and that the solution to the problem was not more regulation but to help people refinance their mortgages.
    2007-10-11 02:59:54

  • Allegheny Energy to refinance bonds (FinanzNachrichten)

    GREENSBURG, Pa. (AP) - Electric utility Allegheny Energy Inc. ( Nachrichten ) said Thursday that subsidiary Allegheny Energy Supply Co. LLC will refinance a total of $215.5 million of tax-exempt bonds.
    2007-10-11 03:02:28

  • Allegheny Energy to Refinance Bonds (AP via Yahoo! Finance)

    Electric utility Allegheny Energy Inc. said Thursday that subsidiary Allegheny Energy Supply Co. LLC will refinance a total of $215.5 million of tax-exempt bonds.
    2007-10-11 02:32:25

  • Request denied

    Star-Banner - But Jennings, who needed to lower his monthly mortgage payment, was rejected for a ... Community Reinvestment Coalition, an advocacy group that helps borrowers refinance ... Home filed for bankruptcy, but the servicer would not release the account information ...
    2007-10-09 03:49:00

  • America's houses of cards

    Nation - Thailand - Some, observing the crash of the sub-prime mortgage market, say, "Don't worry, it ... Instead, easy money stimulated the economy by inducing households to refinance ... the loans onto others. (As economists would say, problems of asymmetric information ...
    2007-10-11 10:06:00

  • Dismal refinancing forecast prompts call for ABX shorts

    Financial Times - ... 44 (0)20 7059 6113 Asia-Pacific : +852 2158 9731 for further information on Debtwire ... and analysts are anticipating subprime defaults will rise, as options to refinance ... 50% this year compared to last, said Doug Duncan, chief economist of the Mortgage ...
    2007-10-11 02:27:00

  • Nonprofits Help Stop Home Loss (Skanner)

    Drive through the streets of N.E. Portland and you will see the signs: “Prevent Foreclosure.” For homeowners struggling to make mortgage payments those words may seem like the answer to their prayers.
    2007-10-11 01:07:41

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