Mortgage and Financial News From 2008-1-31 Page 13

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• One on One with David Rosenberg, Chief North American Economist ... - Nightly Business Report

  One on One with David Rosenberg, Chief North American Economist ...Nightly Business Report, FL - 1 hour agoFor example, if you are rolling over a mortgage or you're renewing a mortgage, you can do it at lower interest rates. But lower interest rates are not going ...
  2008-01-31 06:45:42

• What's Really In The Latest Economic Stimulus Plan? - Nightly Business Report

  What's Really In The Latest Economic Stimulus Plan?Nightly Business Report, FL - 1 hour agoIt would offer to buy loans at steep discounts from mortgage firms and banks. The loans then could be worked out with the borrowers based on reduced ...
  2008-01-31 06:45:46

• Candy Vs. Currency: A Debate on Value - Gold Seek

  Candy Vs. Currency: A Debate on ValueGold Seek - 1 hour agoThis all seems surreal when Reuters reports the bad news that Americans are falling further behind on their consumer loan payments, their mortgage payments ...
  2008-01-31 06:54:03

• European Central Bank Has Become a `Neapolitan Garbage Dump' - Executive Intelligence Review (EIR)

  European Central Bank Has Become a `Neapolitan Garbage Dump'Executive Intelligence Review (EIR), VA - 1 hour agoAccording to today's Financial Times, Rabobank, the only bank still holding a AAA rating from Standard & Poor's, has packaged mortgage loans in order to ...
  2008-01-31 06:59:51

• Franklin Bank Corp. Announces 2007 Results - PR Newswire (press release)

  Franklin Bank Corp. Announces 2007 ResultsPR Newswire (press release), NY - 58 minutes agoThe following table is the geographic location of the single family mortgage loan portfolio for states that exceed 3% of the total portfolio as of December ...
  2008-01-31 07:02:09

• Franklin Bank Corp. Announces 2007 Results - CNNMoney.com

  Franklin Bank Corp. Announces 2007 ResultsCNNMoney.com - 57 minutes agoThe following table is the geographic location of the single family mortgage loan portfolio for states that exceed 3% of the total portfolio as of December ...
  2008-01-31 07:03:26

• Mizuho Leads Japan Banks Lower After $2.6 Billion Subprime Loss - Bloomberg

  Mizuho Leads Japan Banks Lower After $2.6 Billion Subprime LossBloomberg - 50 minutes agoLosses from plummeting values of securities linked to US subprime home loans have hurt Japanese banks already struggling to bolster lending. ...
  2008-01-31 07:09:38

• Home Loan Action Urged - Hartford Courant

  Home Loan Action UrgedHartford Courant, United States - 47 minutes agoBair, of the FDIC, said it can be cheaper for a mortgage holder to rework a loan than foreclose on a property. That is all the more true as overall mortgage ...
  2008-01-31 07:13:03

• Canadian Mill Towns Pay For US Housing Collapse - Washington Post

  Canadian Mill Towns Pay For US Housing CollapseWashington Post, United States - 26 minutes agoAs the ripple effect of the US subprime-mortgage collapse spreads around the world, the boom times for Mackenzie and dozens of other towns built on the ...
  2008-01-31 07:34:09

• Orix Considers Share Buybacks, Lifting Dividend, President Says - Bloomberg

  Orix Considers Share Buybacks, Lifting Dividend, President SaysBloomberg - 21 minutes agoThe Tokyo- based firm, which provides leasing, loans and insurance services, has seen its shares fall amid a global sell-off of finance stocks after $146 ...
  2008-01-31 07:39:02

• Credit River Township man sentenced in fraud scheme - Minneapolis Star Tribune (subscription)

  Credit River Township man sentenced in fraud schemeMinneapolis Star Tribune (subscription), MN - 19 minutes agoBy DAN BROWNING, Star Tribune A co-owner and loan officer of LHS Mortgage in Burnsville was sentenced Thursday to just over five years in federal prison for ...
  2008-01-31 07:41:06

• Tough Times Helps Pawn Shops Prosper - News10.net

  Tough Times Helps Pawn Shops ProsperNews10.net, CA - 16 minutes ago"The demand for loans is up due to the economy and what's going on. People are being caught short in their mortgage situations. They're asking for anything ...
  2008-01-31 07:44:22

• City tightens restrictions on homebuyer's assistance program - Simi Valley Acorn

  City tightens restrictions on homebuyer's assistance programSimi Valley Acorn, CA - 13 minutes agoAccording to a city staff report, 12 of the 32 loans funded over the past three years by the program have a loantovalue ratio that exceeds the current ...
  2008-01-31 07:47:24

• HDFC cuts floating home loan rates by 0.25% - Rediff

  HDFC cuts floating home loan rates by 0.25%Rediff, India - 4 minutes agoSince January 1, 2008, the company was giving new mortgage loans at 10.25 per cent, which is 375 basis points lower than the RPLR. ...
  2008-01-31 07:56:25

• Home Loan Action Urged (Hartford Courant)

  Arguing that the accelerating problem with home foreclosures is the key drag on the U.S. economy, Sen. Christopher Dodd, chairman of the Senate Banking Committee, brought new urgency Thursday to a hearing on how to respond to the problem.
  2008-01-31 07:37:58

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