Mortgage and Financial News From 2007-12-16 Page 2
Previous Day: 2007-12-15
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19
-
Lehman faces legal threat over CDO deals
MSN MoneyCentral - ... charities are further evidence of the damaging impact of the recent global credit ... The financial system is very vulnerable to bad news right now," admitted one ... The Lehman-originated Federation CDO, exposed to the US subprime mortgage market, was ...
2007-12-16 02:42:00 -
Globalised? De-coupled?
Economic Times - ... business daily or magazine and it’s hard to get away from the bad news ... new lows against almost every conceivable currency in the world, widening credit spreads, ...the list of woes just seems to grow.
2007-12-16 05:06:00 -
Freeze Will Only Make Matters Worse
Post-Journal - 12/17/2007 - The political class’ infatuation with interfering in the mortgage ... And not all was bad among the innovative loan products, some of which allowed ... A Credit Suisse study pegs the average sub-prime loan payment, before any upward ...
2007-12-16 06:24:00 -
FTC under fire as credit bureaus sell consumers' data
USA Today - ... that are supposed to be looking out for the consumer are really protecting the companies that do bad ... basic trigger list includes the names and contact information of people who've recently applied for a mortgage. Deluxe lists also supply credit ...
2007-12-15 03:55:00 -
Florida mess shows depth of credit crisis
Dubuque Telegraph Herald - If you think the credit crisis is someone else's problem, just look at what is going on in Florida -- where plenty ... pool that minded the district's money temporarily shut off access to the funds after it made some extremely bad bets on its mortgage ...
2007-12-16 01:38:00 -
Centro securities lose more than 70% after downgrade
News.com.au - ... Properties Group has become the biggest local victim of the US sub-prime mortgage ... The market was already expecting bad news from Centro, which went into a trading ... market about gearing levels, particularly given the current parlous state of credit ...
2007-12-16 07:50:00 -
A different sort of bad news (Bangkok Post)
The world slowed in 2007. Global growth was robustly above 5% in 2006, but cooled in 2007. The first three quarters of this year were about the slowdown of the US consumer. This was a housing-led slowdown, not a sub-prime crisis, nor a credit crisis.
2007-12-16 11:03:48 -
World economy to grow more slowly, beset by credit crisis, high oil prices (Straits Times)
NEW YORK - THE world economy, buffeted by the credit crisis gripping financial markets, is expected to keep expanding in 2008 - albeit at a slower pace - with little fear of recession.
2007-12-16 07:47:08 -
FTC under fire as credit bureaus sell consumers' data (USA Today)
Federal Trade Commission Chairman Deborah Platt Majoras says her agency has done a credible job regulating the Big Three credit bureaus. But the boom and now bust of subprime mortgages is fueling criticism that the FTC under Majoras has given Experian, Equifax and TransUnion too much latitude to profit from the sale of credit data to lenders and consumers.
2007-12-16 07:25:50 -
14-Day Search
Pekin Daily Times - ... to learn about mortgages Event Date: December 4th, 2007 Event Time: TBA - TBA PEKIN — Steve Knight will speak at the Kiwanis Club of Pekin’s noon meeting Tuesday, Dec. 4, at Pekin Country Club. The program will be on reverse mortgages. ...
2007-12-07 10:07:00 -
Tar Heel Tally
Raleigh News & Observer - ... insurance, with the actual increase varying by region; makes it easier for qualified holders of problem loans to refinance into FHA-backed mortgages, increases funding of mortgage-counseling services and expands the availability of "reverse mortgages ...
2007-12-16 12:45:00 -
CRAIG STEPHEN'S THIS WEEK IN CHINA: Subprime Chill Dampens Festive ...
Beurs.nl - But what we have seen of late is when the prop of freely available bank mortgages goes, the fundamentals supporting property can also quickly reverse. In China, policy makers have been on counter property bubble alert for some months now. But now ...
2007-12-16 06:39:00 -
How Texans voted
Houston Chronicle - ... value of loans eligible for FHA mortgage insurance, makes it easier for qualified holders of problem loans to refinance into FHA-backed mortgages, increases funding of mortgage-counseling services and expands the availability of "reverse mortgages ...
2007-12-14 03:56:00 -
How journalism's nerds became masters of the universe
Guardian Unlimited - ... understand how Britain works, it is necessary to understand what hedge funds, derivatives, libor rates and sub-prime mortgages ... Second, newspapers are themselves money-making businesses, in a sense they were not 30 years ago. The great press lords ...
2007-12-16 03:54:00 -
Tax-averse citizens may feel pinch of civic job cuts
San Diego Union-Tribune - ... Los Angeles' Anderson Forecast this month projected that government hiring in California will flatten in the second half of ... In the past year, as construction firms shed 4,700 jobs, finance firms axed 1,200, mostly related to real estate or mortgages ...
2007-12-16 03:25:00