Mortgage and Financial News From 2008-2-7 Page 9

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  • Distribution letter and report for quarter ended 31 Dec 2007 - Sydney Morning Herald

    Distribution letter and report for quarter ended 31 Dec 2007Sydney Morning Herald, Australia - 41 minutes agoHHY has no direct exposure to the sub-prime mortgage sector in the United States nor to any collateralised credit products. The predominantly floating rate ...
    2008-02-07 09:10:10

  • Rubio wants Citizens customers to storm-proof - Palm Beach Post

    Rubio wants Citizens customers to storm-proofPalm Beach Post,  United States - 37 minutes ago"If they can't afford it, you give them a low-interest or a no-interest loan. And if they can't pay back the loan because they're so poor, ...
    2008-02-07 09:14:28

  • Stimulus plan helps some homeowners - Forbes

    Stimulus plan helps some homeownersForbes, NY - 30 minutes agoFor those who can take advantage of them, the bill's mortgage market provisions are likely to give more of a long-term financial boost than the tax rebates ...
    2008-02-07 09:20:53

  • Canaccord Capital Inc. reports fiscal third quarter results - CNW Telbec (Communiqués de presse)

    Canaccord Capital Inc. reports fiscal third quarter resultsCNW Telbec (Communiqués de presse), Canada - 30 minutes agoDisclosures about the depth and breadth of problems related to the US sub- prime mortgage markets continued to dominate credit markets and the financial ...
    2008-02-07 09:21:03

  • Economist forecasts 'pretty rocky' recession (North County Times)

    SAN DIEGO -- Citing continued fallout from mortgage defaults and falling real estate values, an economist is forecasting a full-blown recession whose effect on San Diego County would be as severe as the one that followed cutbacks in the region's defense and aerospace industries in the early 1990s.
    2008-02-07 07:35:30

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

    It's harder to qualify for a mortgage, so ... A stone's throw from Dallas' tallest skyscrapers, builder Chris Sorrells is busy constructing a new neighborhood of urban row houses.
    2008-02-07 09:03:02

  • Rubio wants Citizens customers to storm-proof (The Palm Beach Post)

    Florida homeowners could be forced to fix their roofs and install hurricane-proof windows as a condition for keeping their policies with the state-backed Citizens Property Insurance Corp. under a change being pushed by House Speaker Marco Rubio.
    2008-02-07 09:12:00

  • District hires firm to advise on financing options (Pocono Record)

    "He's been directed by the board to, in essence, find out whether these people are going to be interested in selling these pieces of property," John Toleno, the district's superintendent, said. "If there's no interest, why are we spinning our wheels?"
    2008-02-07 09:33:55

  • Audit watchdog to home in on "fair value"

    Reuters - Audit watchdog to home in on "fair value" ... when homeowners with spotty credit began defaulting on loan payments as higher interest rates pushed up their bills. Since then, the value of the mortgage ...
    2008-02-07 01:40:00

  • Banks set to inflict rates pain

    News.com.au - HOME buyers have been warned of more mortgage pain to come after being hit with an 11th straight interest rate rise yesterday. "The tough job of balancing the family budget just got a whole lot tougher today with the decision to increase interest ...
    2008-02-05 03:36:00

  • Credit turmoil to continue, Moody's says

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World ... of 53 per cent from rating structured products and 81 per cent from rating mortgage ... Moody's has said it might change how it rates structured products, including ...
    2008-02-07 11:16:00

  • Calls to lift water restrictions

    News.com.au - ... water we still need to be aware of long term restrictions due to future population growth - many people live on restricted budgets trying to make rental payments for accomodation or mortgage payments esp with rising interest rates - not every home ...
    2008-02-07 07:30:00

  • S&P to overhaul its ratings process

    Globe and Mail - ... fire from investors who contend they helped precipitate the U.S. subprime mortgage ... this week, Fimalac SA's Fitch Ratings announced plans to toughen the way it rates ... Man suspected of shooting wife in Ohio school found dead in home 2:38 PM 3 8. Babies ...
    2008-02-07 12:21:00

  • Euro Falls After Trichet Says U.S. Slowdown May Hurt Europe

    Bloomberg - The euro erased its gain versus the dollar this year on speculation the ECB's decision today to leave interest rates ... averaged 18 basis points more than the ECB's benchmark from 1999 until August, when the collapse of the U.S. subprime-mortgage ...
    2008-02-07 12:57:00

  • Your mortgage It rarely pays to prepay - Consumer Reports

    Your mortgage It rarely pays to prepayConsumer Reports - 2 hours agoWe hypothesized a person buying an average-priced home with 20 percent down and a 30-year fixed-rate mortgage at 132 different points between January 1986 ...
    2008-02-07 06:34:22

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