Mortgage and Financial News From 2007-9-28 Page 21

Previous Day: 2007-09-27

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• A cautious word on housing prices

  Globe and Mail - Even the once-staid Canada Mortgage and Housing Corporation drew Mr. Dodge's criticism last year with its astonishing offer to insure interest-only mortgages. The Governor's concern about housing prices is part of a deeper worry. Central banks did not ...
  2007-09-27 08:13:00

• Tokyo shares outlook - Higher on Wall Street's gains, rate cut hopes

  Forbes - ... on Wall Street after weak home sales data bolstered expectations for more interest ... While worries about the subprime mortgage problem are gradually receding in the wake ... News and its third party content providers for your personal information only ...
  2007-09-27 04:27:00

• Home Sales Decline And Lenders Tighten Criteria For Qualification ...

  Best Syndication - MortgageLoan.com reports that the interest rate for a 30 year fixed rate mortgage is 5.89%. But expect to be approved only if you have excellent credit and income. The company reports that lenders are closing their doors and laying off hundreds of ...
  2007-09-27 01:14:00

• Hong Kong shares end morning higher led by oil stocks - UPDATE

  CNBC - Mainland authorities confirmed that interest rates and down payments on some ... Mainland authorities announced that mortgage down payments for second homes and for ... Lai said the sector will see only short-term impact from Beijing's latest policy ...
  2007-09-27 10:54:00

• The Credit Ratings Blame Game

  BusinessWeek - The mortgage market crumbled. Now, assessing blame has become one of the hottest ... The designation is needed to rate most securities and only Fitch , Moody's, and S ... about," he says, noting the SEC can inspect the agencies for conflicts of interest ...
  2007-09-27 08:31:00

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