Mortgage and Financial News From 2007-11-22 Page 6

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• Mortgage rates drop a little (Bankrate.com via Yahoo! Finance)

  Mortgage rates fell slightly this week, and have remained in a fairly tight range for a month, according to Bankrate's national survey.
  2007-11-22 03:00:00

• News Minute: Thanksgiving shopping...Presidential dinner...Green Zone ...

  WDAM-TV - ... McMillin shuffles police department staff 2 men charged with home repair fraud ... The Latest in House and Home House & Home Main Today's Mortgage Rates In the Know Movie ... Associated Press - November 22, 2007 2:53 PM ET NEW YORK (AP) - If you're bored ...
  2007-11-22 09:27:00

• More Italian companies seen delaying IPO plans

  Reuters UK - MILAN, Nov 22 (Reuters) - More Italian companies will likely postpone until next year their plans for a stock listing because ... growth outlook for the world's biggest economy amid a credit crunch provoked by massive defaults in the subprime mortgage ...
  2007-11-22 12:19:00

• Credit fears and oil prices hit Wall Street

  CNBC - NEW YORK - Stocks fell at the open on Wednesday on fear of more credit losses for big banks and mortgage companies, while oil prices near $100 a barrel damped hopes about holiday spending. The Dow Jones industrial average dropped 104.61 points ...
  2007-11-21 06:30:00

• How bidders took fright at the hole in Rock's books

  Guardian Unlimited - The £53bn of securitised mortgages does not represent the full mortgage book, but it is unclear how many other companies have other claims over the rest of the book. Granite's complex structure and the way it used a pool of residential mortgages to ...
  2007-11-22 03:40:00

• Mortgage fears keep market on the skids (The Plain Dealer)

  New York- Wall Street resumed its slide Wednesday as unease about the wilting mortgage market and the broader economy triggered selling ahead of the unofficial start of the holiday shopping season.
  2007-11-22 01:53:47

• Stocks fall ahead of Thanksgiving amid worries about the mortgage market, record-high oil (Eagle-Tribune Online)

  NEW YORK (AP) - Wall Street resumed its slide yesterday as unease about the wilting mortgage market and the broader economy triggered selling ahead of the unofficial start of the holiday shopping season.
  2007-11-22 09:16:47

• Mortgage service companies vow to help California borrowers (The Record Searchlight)

  LOS ANGELES -- Four major home loan servicing companies on Tuesday promised to boost efforts to help California borrowers avoid going into default, including maintaining the initial interest rate on some loans due to reset to higher monthly payments.
  2007-11-22 12:10:05

• Japan stocks seen tumbling as credit worry spreads

  Reuters - U.S. stocks fell on Wednesday on signs that trouble in the housing market could worsen and further harm the economy, while fears grew that the impact of subprime mortgage losses may be larger next year. The dollar fell to its lowest level against ...
  2007-11-21 03:19:00

• US STOCKS-Citi downgrade rattles Wall Street

  Reuters - NEW YORK, Nov 19 (Reuters) - The Dow and the S&P 500 fell to their lowest levels in three months on Monday after a broker downgrade of Citigroup sparked concerns more mortgage losses may lie ahead, compounding doubts about the outlook for the economy ...
  2007-11-18 03:59:00

• A bunch of sour grapes

  7 Days UAE - These days one goes to a mortgage broker who may or may not be associated with the bank. If they are, the bank gets a fee. The mortgage bond market then buys up the mortgages from the banks and brokerages, to make one big fund of them, so the ...
  2007-11-22 10:46:00

• Life is tough, but plenty to give thanks for

  Chicago Sun-Times - We forget that often the only thing that separates us from them is a God-given talent, or long-suffering wife (or husband), good health, and lately, a fair landlord or mortgage broker. I can't tell you what to be thankful for, but every time a ...
  2007-11-22 02:54:00

• Tuesday, November 20

  News.com.au - Mortgage Choice expects 10 pct EPS growth HOME loan broker Mortgage Choice expects earnings per share (EPS) growth of up to 10 per cent in the current year.
  2007-11-22 05:53:00

• Japanese bonds rise (International Herald Tribune)

  The risk of Japanese companies defaulting rose to a record after rating companies downgraded $34.8 billion of securities tied to mortgage bonds, credit-default swaps indicated.
  2007-11-22 02:16:19

• • Should You Trust Your Online Broker? Signs Of The Real Deal (Turks.US)

  Acquiring the services of a credible online real estate agent helps in securing you a good home or property investment. Getting the right real estate agent or broker is essential for enjoying a successful, and hassle-free real estate transaction.
  2007-11-22 02:39:38

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