Mortgage and Financial News From 2007-11-30 Page 3

RSS Feed

Previous Day: 2007-11-29

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 20 21 - 40

  • Wall St. mixed as investors eye rate cuts (Channel NewsAsia)

    NEW YORK - US stock markets ended mixed Friday with the leading Dow Jones Industrial Average higher for a fourth straight trading day as investors set their sights on lower interest rates.
    2007-11-30 02:17:34

  • Mortgage rescue report, rate expectations drive stocks higher (Market Watch)

    NEW YORK (MarketWatch) -- Shares of mortgage-related stocks rose sharply on Friday, the last trading day of the month, after a published report said banks and federal officials are close to an agreement that would freeze adjustable rate mortgage loans for troubled borrowers to prevent an unprecedented foreclosure crisis.
    2007-11-30 08:04:16

  • Wall St ends mixed as investors eye rate cuts (Adelaide Now)

    US STOCK markets ended mixed overnight although the leading Dow Jones Industrial Average finished higher for the fourth straight trading day as investors set their sights on lower interest rates.
    2007-11-30 01:46:00

  • (AFX UK Focus) 2007-11-30 20:24 GMT: Attempt to freeze sub-prime interest rates could lead to investor protest UPDATE (Interactive Investor)

    (Updates with industry testimony)
    2007-11-30 12:41:58

  • US govt & banks close to sub-prime deal (Ireland Business World)

    The Bush administration and the leading banks in the US are close to agreeing on a plan that would temporarily freeze interest rates on certain troubled sub-prime home loans, the Wall Street Journal reported today.
    2007-11-30 02:21:42

  • (AFX UK Focus) 2007-11-30 17:56 GMT: Paris shares close up following US gains on hopes of Fed rate cut UPDATE (Interactive Investor)

    PARIS (Thomson Financial) - Share prices closed higher, after comments from US Federal Reserve Chairman Ben Bernanke suggesting further interest rate cuts may be on the way sparked a surge in prices on Wall Street.
    2007-11-30 10:27:30

  • Attempt to freeze sub-prime interest rates could lead to investor protest UPDATE (The Forex Market)

    WASHINGTON (Thomson Financial) - Two major questions that need to be resolved before a government-led agreement can be worked out to freeze lower interest rates on sub-prime mortgage loans are whether investors in these loans will agree with this change, and if not, whether their opposition would lead to a wave of lawsuits against the move.
    2007-11-30 12:28:50

  • KC welcomes new program to help those struggling with mortgages

    Kansas City Star - Many in line said they were seeking to refinance adjustable rate loans that had climbed 2 percentage points or more and were about to jump higher, making them unaffordable. Some said they were already in danger of falling in arrears. Others said ...
    2007-11-30 09:03:00

  • US govt joins mortgage crisis fight

    West Online - Once the industry stabilises and home prices are no longer falling, it will be easier for homeowners to refinance their adjustable rate loans to more favourable fixed-rate mortgages. The plan under consideration does not include any government funds ...
    2007-11-30 08:02:00

  • Agency Mortgage Bonds Suffering

    Forbes - And many have chosen to refinance from floating-rate mortgages into new fixed-rate mortgages if they can, adding to the already heavy supply in agency mortgage bonds. In 2007, fixed-rate issuance will be the highest it has been in the last four years ...
    2007-11-30 11:12:00

  • Fitch Downgrades 1 Class of DLJ 1999-CG1

    Forbes - The downgrade is due to expected losses on specially serviced loans and the refinance risk of upcoming maturities. Of the pool, 103 loans (44.1%) have been fully defeased, including the Winston Hotel portfolio, the largest loan in the deal. As of ...
    2007-11-30 12:31:00

  • Who Gets the Mortgage?

    Washington Post - Lenders are more picky about which loans to refinance. And co-borrowers are now hard-pressed to disentangle themselves from loans they took out with spouses, relatives or friends. "We're unable to do things now that we could do six months ago," said ...
    2007-11-30 12:53:00

  • Moody's Downgrades SIVs

    Street.Com - ... the rating actions Moody's has taken today are not a result of any credit problems in the assets held by SIVs, but rather a reflection of the continued deterioration in market value of SIV portfolios combined with the sector's inability to refinance ...
    2007-11-30 01:00:00

  • White House Hopes to Shield Economy from Subprime

    CNBC - Those included a tax-relief proposal to make it easier for some homeowners to refinance their home loans. Economists have become increasingly concerned about the impact of the mortgage crisis, centered on subprime loans extended to riskier borrowers ...
    2007-11-30 01:14:00

  • Rate freeze plan for ARMs gains traction

    CNN Money - These under-water borrowers might not be able to refinance because lenders are no longer willing to advance more than 100 percent of home equity. Taylor believes it's only fair that these borrowers be offered the same freeze as the one unable to ...
    2007-11-30 01:43:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40