Mortgage and Financial News From 2008-1-23 Page 15

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• How to survive a downturn

  MSNBC - If you are thinking of buying a new home or refinancing a mortgage, consider waiting two or three weeks to see what mortgage rates do. There’s not much risk they’ll go up significantly, and there’s some chance they’ll drift down. Some ...
  2008-01-23 03:09:00

• Home loan applications jump as rates fall

  Reuters - NEW YORK (Reuters) - Applications for home mortgages jumped for a third consecutive week as plunging interest rates encouraged more homeowners to seek refinancings, an industry group said on Wednesday. The Mortgage Bankers Association said its ...
  2008-01-23 09:18:00

• Fourth-Quarter Profit Falls on Borrowers' Defaults and Delinquencies - Washington Post

  Fourth-Quarter Profit Falls on Borrowers' Defaults and Delinquencies Washington Post, United States - 42 minutes ago Capital One has been closely watched for clues to how the troubles in the mortgage industry would spread to other kinds of lending. ...
  2008-01-23 07:39:58

• National and Greens say Govt should help RB curb inflation - New Zealand Herald

  National and Greens say Govt should help RB curb inflation New Zealand Herald, New Zealand - 38 minutes ago "Home owners now face the double jeopardy situation of high interest and mortgage repayments, overlaid on a cooling property market," he said. ...
  2008-01-23 07:43:43

• Fitch Downgrades Standard Pacific's IDR to 'B+'; Outlook Remains ... - PR-Inside.com (Pressemitteilung)

  Fitch Downgrades Standard Pacific's IDR to 'B+'; Outlook Remains ... PR-Inside.com (Pressemitteilung), Austria - 32 minutes ago ... Pacific reflects the challenging outlook for housing during 2008 (largely due to disruptions and tightening of standards in the mortgage market). ...
  2008-01-23 07:50:08

• Sen. Boxer Has Plan to Address Mortgage Crisis - KCBS

  Sen. Boxer Has Plan to Address Mortgage Crisis KCBS, CA - 30 minutes ago Boxer's report concludes with a 15 point agenda of steps she will pursue, including initiate congressional action to freeze interest rates .
  2008-01-23 07:52:25

• Hong Kong shares firmer in erratic trade after China data ... - CNNMoney.com

  Hong Kong shares firmer in erratic trade after China data ... CNNMoney.com - 26 minutes ago Property agency Midland Holdings (OOTC:MLNHF) rose 0.48 hkd or 3.9 pct to 12.78, extending yesterday's 18.46 pct gain on hopes that lower mortgage rates ...
  2008-01-23 07:56:18

• Gold & the Fed's Crystal-Meth Hit - Gold Seek

  Gold & the Fed's Crystal-Meth Hit Gold Seek - 24 minutes ago But like the Fed chairman then explained to the good folk of Women in Housing, "as subprime mortgage losses rose to levels that threatened even highly-rated ...
  2008-01-23 07:57:46

• Lawmakers still trying, although specific help for homeowners in ... - WBOC TV 16

  Lawmakers still trying, although specific help for homeowners in ... WBOC TV 16, MD - 24 minutes ago The companies are recovering from accounting scandals of a few years ago and recently reported steep losses on mortgage -related investments.
  2008-01-23 07:58:01

• Second Life runs into some banking trouble - National Post

  Second Life runs into some banking trouble National Post, Canada - 21 minutes ago Reacting to complaints that virtual banks did not deliver on promises of eye-popping interest rates , the popular Web site's operator, Linden Lab, ...
  2008-01-23 08:01:35

• For Sale: Martinez Home With A Price That Gets Sweeter As Time Goes By - NBC Augusta

  For Sale: Martinez Home With A Price That Gets Sweeter As Time Goes By NBC Augusta, South Carolina - 19 minutes ago " Mortgage lenders lower the interest rates and real estate companies get a little more creative about how they sell property," said Jim Bible, ...
  2008-01-23 08:03:00

• Experts give thumbs up to Fed move! - Moneycontrol.com

  Experts give thumbs up to Fed move! Moneycontrol.com, India - 17 minutes ago ... 1% fed funds can do the trick in terns of turning the economy down; what the Fed needs to do is bring the 30 year- mortgage rate down to 4-5 to 4%. ...
  2008-01-23 08:04:43

• Australian investment strategists advise investors not to panic - Thomson FX Hub

  Australian investment strategists advise investors not to panic Thomson FX Hub, MA - 13 minutes ago 'Hold your portfolio but don't go back into the market at this point - work on your mortgage , work on your credit card - there's plenty of other things to ...
  2008-01-23 08:08:49

• Fair Isaac Introduces Tools for Lenders to Improve Forward-Looking ... - Compliance Home

  Fair Isaac Introduces Tools for Lenders to Improve Forward-Looking ... Compliance Home, IA - 11 minutes ago Application of this technology for use by mortgage lenders is also being explored for predicting outcomes, such as which borrowers with adjustable rate home ...
  2008-01-23 08:10:44

• Fed rate cut 'may fuel asset bubble' - Business Report

  Fed rate cut 'may fuel asset bubble' Business Report, South Africa - 7 minutes ago Bernard Baumohl, managing director of The Economic Outlook Group, said: "What began as a contained subprime mortgage problem in the US has blown up into a ...
  2008-01-23 08:14:47

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