Mortgage and Financial News From 2007-9-20 Page 5

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  • Making the right calls eases the pain

    MSN MoneyCentral - Bear Stearns and Lehman Brothers have a much bigger exposure to the most difficult market – US mortgages and mortgage ... Morgan Stanley's writedown was $726m on a smaller portfolio, but it is impossible to calculate the average writedown. Bear ...
    2007-09-20 05:04:00
  • Peer review

    Minneapolis Star Tribune - Q I would like to refinance my $160,000 mortgage. I have a 30-year variable-rate loan from Countrywide. With all the turmoil ... Calculate the time it will take you to recover expenses by dividing the closing costs of the refinance by monthly savings ...
    2007-09-20 03:45:00
  • Savings account: A great tool to save money

    Best Syndication - ... few tricky money-saving techniques and be assured of a peace of a lifetime. Martin Lukac represents Rate Empire Mortgage and Refinance marketplace. Rate Empire is a destination site of personal finance, investing and taxes. For more information please ...
    2007-09-18 05:57:00
  • Bernanke: Fresh Assurances on Economy

    AOL - ... to working with Congress to modernize the FHA loans so that people can refinance ... hearing, signaled that the administration would consider allowing the mortgage ... The information contained in the AP news report may not be published, broadcast ...
    2007-09-20 12:54:00
  • ShoreBank Launches Online High Yield Savings Account to Fund Loans

    Social Funds - ... Chicago's South and West Sides at risk of foreclosure by helping them to refinance ... is the vehicle by which the bank will use to raise core deposits to fund mortgage ... high-yield savings account, 24 hours, 7-days a week, or for additional information ...
    2007-09-20 03:02:00
  • SIVs still under pressure, no improvement seen in the short term ...

    Forbes - They currently have to refinance much of their debt through CP or asset liquidation ... SIVs with little to no exposure to US subprime residential mortgage-backed ... The content on this site, including news, quotes, data and other information, is ...
    2007-09-20 06:56:00
  • Mortgage Market On The Fast Pace Again

    Best Syndication - ... record rate of 0.65% compared with 0.58% during the previous quarter. Martin Lukac represents Rate Empire Mortgage Quote and Refinance marketplace. Rate Empire is a destination site of personal finance, investing and taxes. For more information please ...
    2007-09-18 05:57:00
  • Administration considers mortgage change

    Miami Herald - As Congress weighs remedies for the mortgage-market crisis, Paulson is signaling ... easier for struggling borrowers now holding adjustable-rate mortgages to refinance ... The Miami Herald is pleased to provide this opportunity to share information ...
    2007-09-16 05:59:00
  • (AFX UK Focus) 2007-09-20 14:31 GMT: Bernanke assures Hill on mortgage hit (Interactive Investor)

    WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke told Congress Thursday that the credit crisis has created "significant market stress" and offered fresh assurances that regulators would take steps to curb fallout related to the mortgage mess.
    2007-09-20 06:56:34
  • Canadian Dollar at Parity With Greenback

    Newsday - ... the U.S. dollar after the Federal Reserve on Tuesday announced a dramatic half-point cut in its benchmark interest rates ... EMT'S MECHANIC "B" SALES ACCOUNT EXECUTIVE Segue Search MORTGAGE SPECIALISTS
    2007-09-20 04:28:00
  • Fed sees more mortgage woes, corporates price

    Reuters - ... Wall Street on Thursday, revealing dramatically different degrees of success weathering turmoil triggered by the subprime mortgage meltdown. Meanwhile, Federal Reserve chief Ben Bernanke testified to Congress that the central bank cut interest rates ...
    2007-09-20 02:27:00
  • Retailers face mortgage problems risk

    Boston Globe - Many homeowners with adjustable-rate mortgages -- which give consumers an option to have lower rates at first or defer payments to later months -- are now struggling with sharply rising mortgage payments as their rates reset to higher levels. ...
    2007-09-20 11:56:00
  • Oracle Net Rises 25% on Demand for Database Products (Update5)

    Bloomberg - He rates Oracle ``equal weight'' and said he doesn't own the shares. ``Few stocks have shown this steady performance, with ... Stocks Decline on Bernanke Comment, Weak Dollar, Led by Toyota TCW Asset Is Forced to Unload $3.2 Billion of Mortgage ...
    2007-09-20 05:40:00
  • Mortgage lending slows in August

    Guardian Unlimited - Lending fell in August but remained at a high level. Mortgage lending fell by 6% in August as rising interest rates put the squeeze on borrowers, figures showed today. Gross lending during the month totaled £32.2bn, down from £34.1bn in July and 3 ...
    2007-09-20 02:38:00
  • Why Is the Dollar Losing Value?

    ABC News - And since many mortgages are tied to these interest rates, that might mean mortgage rates won't drop anytime soon. Also, a weak dollar might scare away foreign investors who don't want to own stock in U.S. companies. What About Foreign Investors? ...
    2007-09-20 02:19:00