Mortgage and Financial News From 2008-3-1
Previous Day: 2008-02-29
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Treasurys Rally on Weak Economic Reports
Seattle Times - Many economists believe GDP figures for the current quarter will be even weaker ... Thornburg Mortgage Inc. revealed in a regulator filing that it is having to raise ... and the company's year-earlier loss. Freddie Mac cited soaring default rates.
2008-02-28 11:06:00 -
WRAPUP 2-Japan inflation at decade high, eyes on Europe, US
Forbes - It has been aiming to restore rates to more normal levels than the current 0.5 percent. It reviews rates again at a two-day meeting late ... Ben Bernanke warned he expected "some failures" among small U.S. banks due to the housing crisis and mortgage ...
2008-02-28 11:52:00 -
Primary may rely on money
Cincinnati Enquirer - ... they value the votes of middle-class Ohioans who are concerned more about mortgage ... Smith, 24, Mount Auburn, said she has to buy her own insurance because her current ... Those Ohioans are concerned mostly about their tax rates increasing.
2008-03-01 02:14:00 -
Fitch Rates Utah Housing's $35MM 2008 Series A Bonds
PR Inside - Fitch Rates Utah Housing's $35MM 2008 Series A Bonds ... to Utah Housing Corporation's (the corporation) 2008 series A single-family mortgage ... The current offering is the eighth sale issued under
2008-02-28 11:34:00 -
The Real Scandal: How Feds Invited the Mortgage Mess
CNS News - How Feds Invited the Mortgage Mess By Stan Liebowitz ... From the current hand-wringing, you'd think that the banks came up with the idea of ... thousands of egregious typos, such as loans with negative interest rates.
2008-02-28 01:19:00 -
Mortgage interest rates go up again
New Zealand Herald - ... tightening the squeeze on New Zealand households, with the country's largest bank, ANZ National, raising key mortgage interest rates ... Should the NZ dollar fall sharply from its current post-float highs over US81c, as many currency watchers expect, the ...
2008-02-28 08:35:00 -
Housing slump now going commercial
CNN Money - ... Money Magazine Retirement Mutual Funds Taxes Ask the Expert Money 101 Best Places to Live Calculators Mortgage Rates Personal tech Big ... Under the current carryback code, a company can only claim refunds on taxes paid on profits in the past two years.
2008-02-28 11:20:00 -
Student Loans Feel the Pinch
US News and World Report - The widening subprime mortgage crisis has snared another traditionally safe corner ... for private loans, more stringent lending criteria and higher interest rates and ... state agency, said it would suspend a private-loan program "due to the current and ...
2008-02-28 08:53:00 -
Fannie and Freddie smile through crisis
CNN Money - ... decision will depend on "consideration of the financial condition of the company, its overall risk profile, and current ... Freddie Mac ( FRE , Fortune 500 ) said Thursday that 30-year fixed mortgage rates rose to 6.24% last week, up from 5.48% in late ...
2008-02-28 10:59:00 -
Senate Hits Impasse on Mortgage Bill
Forbes - ... to let bankruptcy courts ease the burden on borrowers who can't make their mortgage ... or no down payment on their houses and took loans that allowed interest rates to ... those with poor credit ratings_ who can prove they can't afford their current ...
2008-02-28 02:55:00 -
As home builders rally, why aren't their CEOs upbeat yet? (MENAFN)
As home builders rally, why aren't their CEOs upbeat yet?
2008-03-01 12:16:59 -
Investor to Spend Up to $1 Billion to Acquire Stake in Bond Insurer (NYTimes.com via Yahoo! Finance)
The investment comes as the bond insurance industry continues to grapple with fallout from the subprime mortgage crisis.
2008-03-01 12:39:45 -
Business calendar (Portsmouth Herald)
Hampton Falls
2008-03-01 03:16:30 -
Pouncing on a new mortgage (Rochester Democrat and Chronicle)
Low mortgage rates are enticing people to explore their financial options, area mortgage brokers and real estate agents say.
2008-03-01 05:40:46 -
Foreclosures cut wide swath across Dallas, Fort Worth
Dallas Morning News - And if they can't refinance, they are stuck," he said. "We are seeing a lot of people just walk away from their homes." Mr. Towers said the scope of the home crisis has him worried.
2008-02-29 09:53:00