Mortgage and Financial News From 2008-1-31 Page 9

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  • Will actions revive Florida's economy? - Sun-Sentinel.com

    Will actions revive Florida's economy?Sun-Sentinel.com, FL - 7 minutes agoThat cut โ€” the second by the Fed in two weeks โ€” should reduce rates consumers pay on credit cards, home equity loans and, in time, mortgages. ...
    2008-01-31 09:41:59

  • Hong Kong shares end morning firmer on Wall St rise; China winter ... - CNNMoney.com

    Hong Kong shares end morning firmer on Wall St rise; China winter ...CNNMoney.com - 6 minutes agoYesterday, Japanese banks joined their peers in the US and UK in announcing losses from their investments in securities linked to unpaid housing mortgages. ...
    2008-01-31 09:42:50

  • (AFX UK Focus) 2008-02-01 03:07 GMT: Hong Kong shares firmer on Wall St rise, but Chinese winter to weigh - UPDATE (Interactive Investor)

    HONG KONG (Thomson Financial) - Hong Kong shares were firmer in early trade Friday after Wall Street's overnight gains, though worries about the worst winter in China in 50 years tempered the market's advance.
    2008-01-31 07:46:51

  • Business Briefing (Seattle Post-Intelligencer)

    Full-service Marriott hotel is coming to Bellevue ... Problems with bond insurers bode ill for the economy ... Procter & Gamble reports strong quarterly earnings ... Undersea cable snaps; Web service cut to Asia, Mideast ... also, new top officers.
    2008-01-31 08:05:32

  • Rates make small rise (Winston-Salem Journal)

    Get the scoop on Trail Mix, the Journal's new political blog. ยป Read more Rates on 30-year mortgages rose for the first time this year after four straight weekly declines.
    2008-01-31 08:17:47

  • Mizuho Falls on Concerns of More Subprime Losses (Update1) (Bloomberg.com)

    Feb. 1 (Bloomberg) -- Mizuho Financial Group Inc. led declines in Japanese banks in Tokyo trading after disclosing a 275 billion yen ($2.6 billion) loss from subprime-infected holdings and cutting its full-year profit forecast.
    2008-01-31 08:23:00

  • Stocks erase early losses, turning higher following easing of concerns about bond insurers (Times-Reporter)

    Updated at 12:37 p.m. NEW YORK (AP) โ€“ Stocks turned higher Thursday after concerns eased about hefty losses at bond insurer MBIA Inc. and the prospect of downgrades in the bond insurance industry.
    2008-01-31 08:52:45

  • The January slide: It could have been worse (Pittsburgh Post-Gazette)

    Wall Street ended its worst January in eight years with a wild ride that was par for the course last month, recovering from a sharp drop early in the day.
    2008-01-31 09:23:55

  • (AFX UK Focus) 2008-02-01 05:38 GMT: Hong Kong shares end morning firmer on Wall St rise; China winter weighs UPDATE (Interactive Investor)

    HONG KONG (Thomson Financial) - Hong Kong shares ended a skittish Friday morning firmer, tracking Wall Street's overnight gains, although worries about the worst winter in China in 50 years tempered the market's advance.
    2008-01-31 09:45:47

  • U.S. Stocks End Session Ahead

    CBS News - ... with substantial losses, as a shaky market swung down on MBIA Inc.'s losses only ... offered assurances that it had enough cash to ride out the meltdown in the mortgage ... stocks had briefly rallied after the Federal Reserve again cuts its target interest ...
    2008-01-31 02:31:00

  • Relief comes to troubled mortgage industry

    WJRT - MID-MICHIGAN (WJRT) -- (01/31/08)--There's a bit of relief in the troubled mortgage industry. The Federal Reserve slashed interest rates last week by ... The adjustable rate was the only thing that they offered us, she said. "Just not knowing when and ...
    2008-01-31 03:57:00

  • It must be Bush's fault

    Fort Madison Daily Democrat - The mortgage guy said I could buy the house with no money down -- that he had some kind of adjustable-rate, interest-only, balloon mortgage package that would keep my payments really low. I think he was eager to get his commission on the loan ...
    2008-01-31 12:29:00

  • Rates to rise next week, say economists

    News.com.au - RAMPANT inflation means that home owners struggling with mortgage repayments will cop yet another interest rate ... As it was under Hawke/Keating in the late 80s of 17% interest rate, so it shall be under Rudd with 17+% by Christmas. The only way to ...
    2008-01-31 05:15:00

  • Mortgage Bankers' Defense Remains Unconvincing: Voluntary Foreclosure ...

    Forbes - ... CRL) released an analysis showing that during the third quarter of 2007, mortgage ... CRL estimated that under the Treasury Department's voluntary plan, only 3% of ... job loss, divorce, illness, etc., but who can afford their loan's regular interest ...
    2008-01-31 02:38:00

  • Workers bringing own economic stress to office - CNN

    Workers bringing own economic stress to officeCNN - 2 hours agoAn employee with debt or mortgage problems is spending an entire morning on the phone with creditors. Or staffers are short-tempered and there's friction ...
    2008-01-31 06:48:51

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