Mortgage and Financial News From 2007-9-15 Page 13

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  • Of Mutual Interest: Gold is a real value for investors in uncertain ...

    Seattle Post Intelligencer - ... pulling their money out of investments that might be hit by lower interest rates ... tangible,' " he said, referring to collateralized debt obligations, a mortgage ... Compare that with the Standard & Poor's 500 index, the stock market benchmark ...
    2007-09-14 04:28:00
  • The Fed's unkindest cut?

    CNN Money - ... Fed members in the past few weeks about how closely they are monitoring the mortgage ... investors are unsure about how much the Fed will lower interest rates. The Fed ... That has led some on Wall Street to unfavorably compare how Bernanke is handling ...
    2007-09-14 04:14:00
  • When safety, accessibility are key, money markets still a lock

    Boston Globe - But recent reports that some bad mortgage debt might have found its way into money funds have scared off some ... Other banks are offering lower interest rates, but in some cases they compare favorably with money market funds. Not all "cash" needs to be ...
    2007-09-14 11:31:00
  • Have a Pinch!

    Slate - The current recovery is slower but presumably more solid. ... [ You think the current mortgage mess/housing bubble isn't as big a deal as the dot.com bubble?--ed I think that.] 10:50 A.M. _____ His Pet Gloat : I wish I could say ...
    2007-09-15 03:41:00
  • Mortgage Marketing Newsletter

    Colleyville Courier - Directory Of Mortgage Marketing. Find Mortgage Marketing Info Today. Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www ...
    2007-09-14 09:22:00
  • The Fed will cut rates... but by how much? (CNNMoney.com via Yahoo! Finance)

    The Federal Reserve is going to cut the target on a key short-term interest rate on September 18. There is no mystery about that.
    2007-09-14 10:07:00
  • Paulson: Balancing act needed on loans

    Chicago Tribune - Virtually every corner of the federal government, including the Federal Reserve, is under pressure to respond to a rising number of home mortgage foreclosures, especially among people living in their homes as opposed to speculating on residential ...
    2007-09-14 11:52:00
  • Mortgage experts in US push new home-saving programs

    ABS-CBN - WASHINGTON - Many plans in Washington that aim to save troubled borrowers fall short of halting a rising tide of home foreclosures, according to some analysts who are pushing novel ideas to help borrowers keep their homes. The rate of home loans in ...
    2007-09-15 05:00:00
  • UK props up wounded Northern Rock

    Reuters UK - LONDON (Reuters) - Britain's financial authorities stepped in to rescue mortgage lender Northern Rock on Friday as the group, which has lent aggressively to home buyers, fell victim to the sharp rise in borrowing costs between banks. In Britain's ...
    2007-09-15 04:53:00
  • Northern Rock Customers Rattled

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... Customers lined up outside branches of a British mortgage bank for a second day on Saturday as fears spread over the bank's ...
    2007-09-15 05:07:00
  • U.S. Stocks Rise, Erasing 2 Weeks of Losses, on Credit Outlook

    Bloomberg - Sept. 15 (Bloomberg) -- U.S. stocks rose, erasing losses from the last two weeks, on speculation lower borrowing costs and resilient consumer spending will sustain profit growth. Countrywide Financial Corp., the largest U.S. mortgage lender, snapped ...
    2007-09-15 05:14:00
  • Stamford leads nation inincome needed for housing

    Stamford Advocate - Editor's note: While national attention focuses on the home mortgage crisis, many renters are suffering in obscurity from a shortage of affordable apartments. The Associated Press looks at how daily struggles unfold in two of the highest-rent areas ...
    2007-09-15 04:38:00
  • Mortgage experts in US push new home-saving programs (ABS-CBNNEWS.com)

    WASHINGTON - Many plans in Washington that aim to save troubled borrowers fall short of halting a rising tide of home foreclosures, according to some analysts who are pushing novel ideas to help borrowers keep their homes.
    2007-09-15 03:20:24
  • UK housebuilders down on weak home prices, mortgage woes (Reuters via Yahoo! UK & Ireland News)

    Shares in British housebuilders fell sharply on Friday, with sector leaders skidding over 8 percent, as reports of falling house prices and liquidity problems at mortgage lender Northern Rock raised concerns over reduced home demand.
    2007-09-15 04:33:00
  • Fitch Rates Jordan School District, Utah's $196MM GOs 'AAA'; Rating ...

    Forbes - ... eastern portion is of particular concern because it represents 58% of the current ... Currently, the district is levying below the maximum allowable tax rates ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-09-14 04:00:00