Mortgage and Financial News From 2007-11-30 Page 4

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  • PDVSA May Pay Higher Interest to Refinance Loans, Person Says

    Bloomberg - Nov. 30 (Bloomberg) -- Petroleos de Venezuela SA, the country's state-controlled oil company, may pay higher interest to obtain $1.125 billion in loans to repay a credit facility that expires in January, said a person involved in the transaction ...
    2007-11-30 05:57:00
  • Moody's Says Citigroup SIV Debt Ratings Under Threat (Update3)

    Bloomberg - The downgrades are ``a reflection of the continued deterioration in market value of SIV portfolios combined with the sector's inability to refinance maturing liabilities,'' Moody's said. Net asset values have slumped to 55 percent from 102 percent in ...
    2007-11-30 03:16:00
  • PDVSA May Pay Higher Interest to Refinance Loans, Person Says (Bloomberg.com)

    Nov. 30 (Bloomberg) -- Petroleos de Venezuela SA, the country's state-controlled oil company, may pay higher interest to obtain $1.125 billion in loans to repay a credit facility that expires in January, said a person involved in the transaction.
    2007-11-30 06:14:34
  • Corzine’s Slow Pace on Plan for Toll Roads Benefits Its Foes (New York Times)

    In the year since Gov. Jon S. Corzine began formulating his plan to refinance the state’s toll roads, he has given his opponents and even top-ranking lawmakers in his own party the time to question his plan and offer alternatives.
    2007-11-30 07:55:16
  • MIA bond refinancing on hold

    Miami Herald - Like refinancing a mortgage, the refunding, in bond parlance, was meant to ... and airports that have outstanding debt have the opportunity to refinance at a ... The Miami Herald is pleased to provide this opportunity to share information ...
    2007-11-29 11:52:00
  • U.S. says it's premature to discuss subprime plans (Interactive Investor)

    Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
    2007-11-30 08:11:33
  • New mortgage deals aim to spur activity (Los Angeles Times)

    An array of seemingly less risky home-loan packages is targeting the credit-worthy. The mortgage industry has been busy reinventing itself.
    2007-11-30 05:15:04
  • US Treasury Secretary working with regulators, banks to avoid surge in ...

    MSN UK News - The Bush administration and the mortgage industry, trying to combat a massive wave of foreclosures, are hammering out a proposal to temporarily freeze interest rates on certain troubled subprime mortgages. If adopted, it would be the biggest action ...
    2007-11-30 05:32:00
  • Sector Roundup: Handsets, Oil Services

    CNBC - ... Shares of national and investment banks jumped in midday trading Friday on increased hopes for an interest rate cut by the Federal Reserve. NEW YORK (AP) _ Word that interest rate cuts may be imminent and banks may freeze adjustable mortgage rates ...
    2007-11-30 02:47:00
  • Fitch Rates LB-UBS Commercial Mortgage Trust 2007-C7

    Forbes - Classes A-1, A-2, A-AB, A-3, A-1A, A-M, A-J, X-CP, X-W, B, C, D, E, and F are offered publicly, while classes X-CL, G, H, J, K, L, M, N, P, Q, S, and T are privately placed pursuant to Rule 144A of the Securities Act of 1933. The certificates ...
    2007-11-30 11:12:00
  • Mortgage rates drop to lowest mark in more than 2 years

    Providence Journal - WASHINGTON (AP) — Mortgage rates fell sharply last week with rates on 30-year mortgages dropping to the lowest level in more than two years. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 ...
    2007-11-30 03:59:00
  • Interest rates steady, but not for long

    News.com.au - But economists believe the Reserve Bank will be forced to take action in early 2008 to counter pressure on inflation. The bank board meets to discuss monetary policy in Sydney next Tuesday, and its decision will be announced on Wednesday. A clear ...
    2007-11-30 03:59:00
  • Fitch Rates CWMBS $299.1MM Mtge P-T Ctfs Series 2007-20

    Forbes - Fitch rates CWMBS, Inc.'s (CWMBS) mortgage pass-through certificates, CHL Mortgage Pass-Through Trust, series 2007-20 as follows: --$289,492,472 classes A-1 through A-3, X, PO and A-R certificates (senior certificates) 'AAA'; --$5,100,000 class M ...
    2007-11-30 01:07:00
  • Mortgage rates fall sharply

    Miami Herald - Mortgage rates fell sharply this week with rates on 30-year mortgages dropping to an average 6.10 percent, the lowest level in more than two years. Rates on 15-year fixed-rate mortgages slid to 5.73 percent from 5.83 percent last week. For five-year ...
    2007-11-30 04:31:00
  • Fitch Rates $637.5MM Lehman Mortgage Trust Mtge P-T Ctfs 2007-10

    Forbes - The 'AAA' rating on the Group 1 senior certificates reflects the 3.50% total credit enhancement provided by the 1.65% class 1B1, the 0.75% class 1B2, the 0.30% class 1B3, the privately offered 0.40% class 1B4, the privately offered 0.20% class 1B5 ...
    2007-11-30 01:21:00