Mortgage and Financial News From 2007-12-28 Page 01

RSS Feed

Previous Day: 2007-12-27

Return to the mortgage news archive home.

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • U.S. Stocks Gain on Rate Speculation; Citigroup, Exxon Advance

    Bloomberg - ... and Merrill Lynch & Co. gained as the cost of short-term loans fell, capping a second week of declines in key money-market interest rates. Citigroup, down 47 percent this year, may sell assets to replenish capital depleted by losses in mortgages, the ...
    2007-12-28 07:04:00

  • UPDATE 2-Legg Mason reduces ABCP investments in two funds

    Reuters - The firm, the second-largest publicly traded U.S. money manager, said that neither the fund, nor their shareholders ... Asset-backed commercial paper (ABCP) is short-term debt tied to mortgages, credit-card payments or other kinds of receivables. ...
    2007-12-28 03:47:00

  • A Look Ahead

    MSNBC - The credit crunch tied to the trouble in housing and subprime mortgages is likely to persist through midyear as the economy stays soft, says economic forecaster Harry S. Dent Jr. "The second half of 2008 is likely to be strong, but the first half is ...
    2007-12-28 08:59:00

  • Cash overtakes property as prices fall

    This is Money - Mortgages & homes - House prices ... Prices in December were 0.5% lower than November, the second month in a row that prices have fallen, Nationwide said in its ...
    2007-12-28 10:53:00

  • Berkshire Hathaway to buy ING reinsurance unit for €300 million

    International Herald Tribune - AMSTERDAM : In its second acquisition this week, Berkshire Hathaway, which is controlled by Warren Buffett, agreed Friday to ... are worried the insurers will not have enough capital to cover potential defaults on bonds and debt backed by mortgages ...
    2007-12-28 11:29:00

  • Forbes fights to turn round his political fortune

    Daily Telegraph - It's not the size of the potentially bad mortgages per se - the stock market will work that out. The issue has been finding ... In 2004, the Forbes family raised eyebrows by selling the world's second-largest collection of Faberge eggs to Russian oil ...
    2007-12-28 09:59:00

  • U.S. Stocks Drop, Led by Bank, Builder Shares; Fannie Mae Falls

    Bloomberg - Washington Mutual Inc., the largest U.S. savings and loan, and Fannie Mae, the biggest source of money for mortgages, led financial shares to the steepest decline in the Standard & Poor's 500 Index. Pulte Homes Inc., the second-biggest U.S ...
    2007-12-28 11:15:00

  • Wrong road

    La Grange Daily News - Others took out second mortgages and spent the money. Now housing prices are, in most areas, going down, not up, and selling a house is a very tough proposition these days since there are more houses than buyers who can qualify for a mortgage loan. I ...
    2007-12-28 09:49:00

  • Wachovia’s chief upbeat on banking despite persistent credit crunch

    Reading Eagle - Our second mortgage portfolio is totally originated through our bank branches — we didn’t go out and buy second mortgages through brokers. So that gives us a level of conservatism that many others may not have. Have you been in contact with the ...
    2007-12-28 10:06:00

  • Hackney predicted to be a winner before the games

    Guardian Unlimited - Oxford is the second most expensive city, followed by London. Two cities recorded price falls in 2007, while others barely ... Leader: Sub-prime borrowers, that is those with poor credit histories, in many cases had mortgages thrust upon them by ...
    2007-12-28 04:37:00

  • U.S. Stocks Drop, Led by Bank, Builder Shares; Fannie Mae Falls (Bloomberg.com)

    Dec. 28 (Bloomberg) -- U.S. stocks fell for a second day, erasing an early rally, after a steeper-than-forecast drop in new home sales dimmed the earnings outlook for banks and builders.
    2007-12-28 10:42:41

  • House prices fall for a second month (Guardian Unlimited)

    Business & money: Nationwide predicts prices will be static in 2008 after index shows 0.5% slip this month
    2007-12-28 05:00:30

  • Give yourself a financial detox

    Daily Telegraph - If you have a flexible mortgage - and most are these days - you should make overpayments of as much as you can. This not only means potential savings of thousands of pounds in interest but also gets you one step closer to financial ...
    2007-12-28 03:54:00

  • Bond Insurers Brace for Buffett

    Wall Street Journal - ... pummeled in recent weeks on fears they will lose their coveted triple-A ratings because of exposure to mortgage ... Some analysts said the Berkshire bond-insurer, which will guarantee the interest and principal of only U.S. municipal bonds, won't take ...
    2007-12-28 08:55:00

  • IRS says late AMT law won't hold up tax refunds

    Newsday - The agency hopes to update its systems by Feb. 11, so at most only 4 million early filers who use these forms would be ... Form 8396, Mortgage Interest Credit (for certain low-income filers), and Form 8859, District of Columbia First-Time Homebuyer Credit
    2007-12-28 03:40:00

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40