Mortgage and Financial News From 2007-11-22 Page 13

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  • GMAC Exploring Sale of Some Parts of Mortgage Lender (New York Times)

    The finance company GMAC said that it was exploring the sale of parts of its troubled mortgage-lending arm and the purchase of a non-American mortgage lender.
    2007-11-21 07:41:59

  • predicted that, contrary to his report, conservatives would surely ...

    Slate - ... on human industrial production." ... P.S.: When the leader of a big liberal interest ... who thinks it's a terrific design -- especially its controversial ass , which CD ... Actually, the Times story offers two explanations of declining marriage rates: 1 ...
    2007-11-20 03:10:00

  • 25 million reasons they're in trouble

    Scotsman - The Chancellor is not being held personally responsible for the lost CD error - largely because of a "firewall" protecting details held by HMRC from being handled by the Treasury. Among those whose security details could be compromised are up to 605 ...
    2007-11-21 03:09:00

  • Foreclosures postings down for Central Texas

    Austin American-Statesman - David Reed, president of CD Reed Mortgage Bankers in Austin, said he's not sure ... Several factors are contributing to the foreclosure rates, Roddy said. They include ... as well as rising monthly payments on adjustable rate mortgages and interest-only loans
    2007-11-21 04:38:00

  • Yen Falls on Speculation Japan's Importers Sold at 2-Year High

    Bloomberg - The dollar fell to an all-time low against the euro and the Swiss franc on concern the Federal Reserve will cut interest rates to prevent subprime mortgage losses dragging the U.S. economy into recession. ``This level is a good ...
    2007-11-20 03:56:00

  • Foreclosures postings down for Central Texas (Austin American-Statesman)

    Foreclosure postings fell 8 percent for the year in Central Texas, the only major metropolitan area in the state to have a decline, according to the latest report from Addison-based Foreclosure Listing Service Inc.
    2007-11-21 04:51:52

  • U.S. consumers glum on eve of shopping season

    MSN UK News - A drop in weekly mortgage applications, signs of stress in the labour market and ... Assessments of current conditions and expectations both fell heavily in November. ... Reserve policy-makers in the lead-up to the Dec 11 meeting on interest rates. "In ...
    2007-11-21 11:05:00

  • A/S Dampskibsselskabet TORM: Third Quarter Report 2007 - Performance ...

    MSN MoneyCentral - Rates fell back over the summer, as expected. The end of the third quarter was marked by great volatility and ... Current liabilities Mortgage debt and bank loans 762.4 53.9 55.9 Other financial liabilities ...
    2007-11-22 04:48:00

  • ECB's Draghi-market, FX moves could drive bank mergers

    Guardian Unlimited - Current developments in financial markets will probably lead to a divergence in ... remain jittery as major banks continue to report losses related to U.S. mortgage ... The ECB left interest rates on hold at 4 percent earlier this month but pointed ...
    2007-11-22 06:57:00

  • First-time home buyers get help to purchase home

    Orange County Register - Buyers have to agree not to refinance or sell their home for at least three years. “The money is a gift,” DeLeon says. Giving the money to a newlywed couple had its charms – a perfect wedding gift for a deserving couple. Home buyers can apply for ...
    2007-11-20 03:56:00

  • Miller demands financial records

    San Gabriel Valley Tribune - The escrow statement indicates Lopez received $17,423.76 from a $350,385 refinance that paid off credit card debt and first and second mortgages on his home. Another statement produced by Lopez indicates he took $5,000 from a $100,000 equity ...
    2007-11-22 06:14:00

  • Time's up, Mr. Péladeau

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World Americas Europe Asia-Pacific Africa-Mideast ... for losing too much for too long on Quebecor World's European operation before selling it, and for neglecting to refinance the ...
    2007-11-22 06:57:00

  • Wednesday, November 21

    News.com.au - BAD weather has postponed the search for a fourth body still missing after a ... SHARE market investors are in for a bumpy few months as the US credit crunch works ... turn for the worse overnight as more news of fallout from the US sub-prime mortgage ...
    2007-11-22 05:53:00

  • Yen seen making further gains against greenback as credit worries ...

    Marketwatch - ... about the U.S. economy and the continuing credit ... The bad news on housing keeps moving from awful to even more awful," said Cates, highlighting comments from U.S. Treasury Secretary Henry Paulson that mortgage defaults will rise in 2008.
    2007-11-22 06:00:00

  • Fears grow over Northern Rock sub bond prospects

    Reuters - ... investments has grown significantly as rescue proposals for the stricken UK mortgage ... It looks increasingly bad for a lot of the deeply subordinated debtholders ... Credit derivatives prices from Markit show the level of concern, with short-term ...
    2007-11-22 06:07:00

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