Mortgage and Financial News From 2008-3-4 Page 11

RSS Feed

Previous Day: 2008-03-03

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • U.S. Stocks Fall on Bernanke Plan, Oil's Retreat; Banks Decline

    Bloomberg - Bernanke urged banks to write down more mortgage debt and oil, gold and copper prices dropped from records. ... Fisher, who votes on rates this year, called his growth forecast one of the most ``bearish'' of all the Federal Open Market ...
    2008-03-04 10:46:00

  • 'Vigorous response' urged to US housing crunch

    News.com.au - ... if investors acting in their own self-interests were to permit servicers to write down the mortgage liabilities of borrowers by accepting a short payoff in appropriate circumstances," he said. The Fed has aggressively cut US interest rates since ...
    2008-03-04 09:41:00

  • FED FOCUS-Fed's hawks and doves duel over inflation outlook

    Guardian Unlimited - The Fed has already slashed target interest rates by 2.25 percentage points since mid-September to shield the U.S. economy from a collapse in the subprime mortgage market that has chilled growth and sparked a global credit crunch.
    2008-03-04 11:29:00

  • Treasuries Rise on Federal Reserve's View on Weak U.S. Economy

    Bloomberg - March 4 (Bloomberg) -- Treasuries rose, pushing two-year note yields to the lowest compared with 10-year rates in almost ... bank, may need additional capital from outside investors as losses stemming from the collapse of the U.S. subprime mortgage ...
    2008-03-04 10:53:00

  • No gloom and doom, but plenty of good deals

    New Castle Business Ledger - In terms of financing, some builders are working with preferred lenders to offer attractive mortgage rates and terms. Solutions also include assistance with settlement costs.
    2008-03-04 10:46:00

  • Dramatic drop in loans for housing

    New Zealand Herald - The ASB's head of retail banking, Ian Park, also said the number of home loans written and mortgage inquiries was down. Two-year rates were still the most popular, but more people were taking five-year fixed mortgages.
    2008-03-04 11:43:00

  • Rate stress hits a million new housing data shows

    News.com.au - Last month some major banks lifted their mortgage rates by a greater margin when the RBA raised rates. The banks also increased rates independently in January because of their higher borrowing costs in international markets.
    2008-03-02 04:46:00

  • Franklin Credit Announces Hedge Agreements

    Forbes - ... and nonperforming residential mortgage loans, today announced that it has entered into interest rate swap agreements in order to hedge a portion of its interest-rate-sensitive borrowings against future increases in short-term interest rates.
    2008-03-04 09:05:00

  • TEXT-Bernanke's speech to community bankers

    Reuters - For example, we recently assisted NeighborWorks America in identifying regions and neighborhoods that are at risk of higher rates of foreclosure and could benefit from increased mortgage counseling capacity.
    2008-03-04 09:48:00

  • U.S. Commercial property bonds have worst month in Feb

    MSN MoneyCentral - By contrast, prime and subprime residential mortgage default rates were 0.73 percent and 23.32 percent in December, according to FBR Investment Management research.
    2008-03-04 11:14:00

  • REITs decline on worrisome outlook for real estate, economy and ...

    CNBC - While delinquency rates on commercial mortgage-backed securities have started to increase moderately, absolute delinquency rates remain stable, George said.
    2008-03-04 11:00:00

  • Fitch Rates Thornburg Certificates 'AAA'

    Forbes - Credit rating agency Fitch Ratings said Tuesday it rated nearly all of Thornburg Mortgage Inc. 's most recent security trust "AAA." Fitch gave its highest rating to $952 million of about $985 million in pass-through certificates Thornburg financed ...
    2008-03-04 08:37:00

  • Fed chief: Mortgage crisis to continue

    Miami Herald - They were further socked by low introductory rates on their adjustable mortgages resetting to higher rates, making their monthly payments difficult or impossible, to afford. Problems in the credit markets have made refinancing a mortgage harder.
    2008-03-04 10:38:00

  • UPDATE 3-Bernanke-Banks should accept mortgage principal cuts

    Forbes - In this environment, principal reductions that restore some equity for the homeowner may be a relatively more effective means of avoiding delinquency and foreclosure" than reducing interest rates on troubled home loans, he said. When a mortgage is ...
    2008-03-04 10:31:00

  • Agency Mortgage-Bond Spreads Reach 8-Year High, Hurt Consumers

    Bloomberg - Average 30-year fixed rate mortgage rates climbed last week to 6.24 percent, from 6.17 percent in the last week of 2007, according to a survey by Freddie Mac.
    2008-03-04 11:36:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40