Mortgage and Financial News From 2008-1-31 Page 01

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• Katherine Heerbrandt

  Frederick News-Post - ... by Meg Bernhardt this week, Weldon is crafting legislation to change a current law ... Haga, featured in Bernhardt's story, this means being late on the rent, mortgage and ... certain type of offender, the proposed bill will surely boost compliance rates. ...
  2008-01-31 10:52:00

• House prices fall in Jan

  International Herald Tribune - The figures add to evidence of a cooling housing market and are likely to reinforce expectations that the Bank of England will cut interest rates next week from the current 5.5 percent. Mortgage approvals data from the Bank of England on Wednesday ...
  2008-01-30 11:07:00

• Bush disaster declaration will mean quick relief for area flood ...

  Lafayette Journal and Courier - Homeowners with mortgages who achieve a loan "will be allowed to roll their current mortgage into the loan," Copher said. That could save them significant money since the flood-related federal loans have interest rates from 2 to 3 percent and will be ...
  2008-01-31 10:59:00

• Crist builds budget on gambling funds

  St. Petersburg Times - While I understand the current challenge to find resources in this year's budget ... dedicated to a new $64-million initiative in 14 counties with the highest rates ... The practice has been compared to paying the mortgage with a Christmas bonus ...
  2008-01-31 09:05:00

• ICD eyes Spanish property group

  Financial Times - Any bid by ICD would mark a departure from its current passive strategy, built mainly around ... 10-year property boom came to a sudden halt last year, with oversupply and rising interest rates piercing an overpriced market. The subprime mortgage ...
  2008-01-31 08:00:00

• Orleans Homebuilders Reports Results for Second Quarter 2008

  Forbes - This increase was primarily driven by increases in the cancellation rates ... pace of new orders, increased uncertainty with respect to the overall mortgage ... and that they provide investors with an important perspective on the current ...
  2008-01-31 10:09:00

• United Kingdom Mortgage Approvals Fall

  HULIQ.com - ... and three-month annualised growth rates of consumer credit fell by 0.3pp to 5.7% and 1.6pp to 6.3% respectively. Ian Kernohan, Economist at Royal London Asset Management, comments: “The latest mortgage approval numbers indicate that the current ...
  2008-01-31 08:29:00

• 01.02.2008 / 10:20 EU8+2 Regular Economic Report notes high ... - Kazinform

  01.02.2008 / 10:20 EU8+2 Regular Economic Report notes high ...Kazinform, Kazakhstan - 3 hours agoWhile looking at the origins of the recent disturbances, the EU8+2 report points out that the sub-prime mortgage market in the US has affected other ...
  2008-01-31 08:26:59

• Monster Worldwide Q4 2007 Earnings Call Transcript - Seeking Alpha

  Monster Worldwide Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 2 hours agoThe segment was impacted by weakness in the financial services sector, primarily resulting from the sub-prime mortgage issue. We also experienced lower ...
  2008-01-31 09:18:02

• LAB Research Inc. secures a $21.1 Million financing to support its ... - CNW Telbec (Communiqués de presse)

  LAB Research Inc. secures a $21.1 Million financing to support its ...CNW Telbec (Communiqués de presse), Canada - 2 hours agoThe financing consists of a $13.7 million mortgage with a 16-year term requiring no capital repayments until March 2009, and a $7.4 million loan to finance ...
  2008-01-31 09:20:49

• No Need To Panic, Says ANZ - FN Arena News

  No Need To Panic, Says ANZFN Arena News, Australia - 2 hours agoFurthermore, mortgage holders tend to experience a rise in interest rates prior to a recession, but this time the rise had been mild. ...
  2008-01-31 09:32:48

• Orleans Homebuilders Reports Results for Second Quarter 2008 - CNNMoney.com

  Orleans Homebuilders Reports Results for Second Quarter 2008CNNMoney.com - 1 hour agoDemand has slowed due to decreased consumer confidence in the housing market; increased uncertainty in the overall mortgage and mortgage insurance markets; ...
  2008-01-31 10:07:04

• Poor Housing Market Hurts Governments' Bottom Line - Memphis Daily News

  Poor Housing Market Hurts Governments' Bottom LineMemphis Daily News,  USA - 1 hour agoThe topsy-turvy housing market and related mortgage mess are hitting state and local governments where it hurts: right on the bottom line. ...
  2008-01-31 10:07:29

• Crist builds budget on gambling funds - St. Petersburg Times

  Crist builds budget on gambling fundsSt. Petersburg Times, FL - 1 hour agoThe practice has been compared to paying the mortgage with a Christmas bonus, meaning the state will have to find a new source of money to plug the hole ...
  2008-01-31 10:23:39

• Monthly Survey Of Furniture Business From Smith Leonard ... - Furniture World Magazine (press release)

  Monthly Survey Of Furniture Business From Smith Leonard ...Furniture World Magazine (press release) - 1 hour ago“Home prices are lower, mortgage interest rates continue to decline and incomes are higher, but many potential buyers are delaying a purchase. ...
  2008-01-31 10:43:42

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