Mortgage and Financial News From 2008-2-7 Page 7

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• Stocks higher at noon after positive US lead - Sydney Morning Herald

  Stocks higher at noon after positive US leadSydney Morning Herald, Australia - 4 hours agoNational Australia Bank today said it had acquired about $1 billion of mortgages originated by RHG Ltd, which announced it would pay two outstanding debt ...
  2008-02-07 05:36:20

• Banks prop up Aussie stocks; AED Oil plunges - Ninemsn

  Banks prop up Aussie stocks; AED Oil plungesNinemsn, Australia - 3 hours agoResMed Inc sank 7 percent to a three-month low of A$4.62 after the sleep breathing device maker reported a 7 percent fall in second-quarter profit as costs ...
  2008-02-07 06:13:55

• Stocks Trade Mixed After Wall Street Posts Modest Gains - Asian ... - RTT News

  Stocks Trade Mixed After Wall Street Posts Modest Gains - Asian ...RTT News, NY - 3 hours agoNational Australia Bank said it had acquired about A$1 billion of mortgages originated by RHG at net asset value. RHG, formerly Rams Home Loan Group, ...
  2008-02-07 06:58:14

• UK cuts rate to 5.25% as consumers feel pinch - Business Report

  UK cuts rate to 5.25% as consumers feel pinchBusiness Report, South Africa - 2 hours agoThe nine-member monetary policy committee, led by governor Mervyn King, reduced the key rate to 5.25 percent, the second cut in three months, as predicted ...
  2008-02-07 08:11:09

• Bill O'Reilly taking credit for new GI Bill - News Hounds

  Bill O'Reilly taking credit for new GI BillNews Hounds, CA - 1 hour agoHowever, he also showed that he came in second in the least popular category as well. O'Reilly additionally showed a brief clip of John McCain on The Today ...
  2008-02-07 08:24:39

• Housing Market Tracker - Subprime Stays Global - Seeking Alpha

  Housing Market Tracker - Subprime Stays GlobalSeeking Alpha, NY - 1 hour ago5th) Australian Debt For Mortgages Is Under Review. "Moody's Investors Service Inc. placed 83 billion Australian dollars (US$75 billion) of Australian ...
  2008-02-07 08:42:44

• Aussie stocks rebound on banks, NZ stocks end lower - Bulletin

  Aussie stocks rebound on banks, NZ stocks end lowerBulletin, Australia - 1 hour agoResMed Inc sank 7 percent to a three-month low of A$4.62 after the sleep breathing device maker reported a 7 percent fall in second-quarter profit as costs ...
  2008-02-07 08:53:33

• Some Dallas townhouses attract buyers while other projects are dead - Dallas Morning News

  Some Dallas townhouses attract buyers while other projects are deadDallas Morning News, TX - 1 hour agoMany potential buyers who could have acquired a townhouse in 2006 or early 2007 can no longer obtain mortgages, said Mike Puls, a housing analyst with Foley ...
  2008-02-07 08:59:36

• Except for some first-time buyers, levy is now a fact of life - Globe and Mail

  Except for some first-time buyers, levy is now a fact of lifeGlobe and Mail, Canada - 1 hour agoHopefully, consumers will sit down with someone who knows something about mortgages and have all their options explained." Giles Osborne, Toronto-based ...
  2008-02-07 09:01:27

• REALTORS Project Solid Economy, Housing Demand - Builder Magazine

  REALTORS Project Solid Economy, Housing DemandBuilder Magazine, DC - 11 minutes ago"When the full impact of higher loan limits for conventional mortgages begins to impact the market there is likely to be a notable rise in home sales and ...
  2008-02-07 10:01:03

• Buying a second home is growing trend - Alexandria Echo Press

  Buying a second home is growing trendAlexandria Echo Press, MN - 4 minutes agoMost second home loans require a 20 percent down payment. This 20 percent down applies to both fixed-rate and adjustable-rate mortgages. ...
  2008-02-07 10:08:10

• Why Do British Prime Ministers Insist On Keeping Their Meetings ... - followthemedia.com (subscription)

  Why Do British Prime Ministers Insist On Keeping Their Meetings ...followthemedia.com (subscription), Switzerland - 3 minutes agoWhen Brown became Prime Minister he promoted Darling to Chancellor of the Exchequer (finance minister) considered the second most important job in ...
  2008-02-07 10:08:57

• Aussie stocks rebound on banks, NZ stocks end lower (Reuters Finance News, Australia via Yahoo!7 Finance)

  MELBOURNE, Feb 8 (Reuters) - Australian shares rose 0.9 percent on Friday as investors returned to banks such as Commonwealth Bank of Australia CBA.AX following a firmer finish on Wall Street.
  2008-02-07 08:49:13

• Some Dallas townhouses attract buyers but other projects die (Dallas Morning News)

  A stone's throw from Dallas' tallest skyscrapers, builder Chris Sorrells is busy constructing a new neighborhood of urban row houses. His Ross Avenue Brownstones are about two blocks from downtown's Arts District and will be ready next month.
  2008-02-07 09:33:02

• Creators of Credit Crisis Revel in Las Vegas (NYTimes.com via Yahoo! Finance)

  The 5th annual conference of the American Securitization Forum was a celebration of the wizardry that turns risky loans into securities, but does not always make them safe.
  2008-02-07 09:40:18

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