Mortgage and Financial News From 2008-3-17 Page 10

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  • RAM Holdings Reports Fourth Quarter 2007 Results

    Forbes - ... to continuing deterioration in the performance of residential mortgage ... Full-year acquisition costs of $21.5 million compare to $17.7 million in 2006 ... general economic conditions, including inflation, foreign currency exchange rates ...
    2008-03-17 03:31:00

  • How bad is the mortgage crisis going to get?

    CNN Money - Can you compare this to other economic crises the U.S. has faced? The financial stuff looks like a combination of 1990 and ... The mortgage rates have not been falling as you might hope. And, of course, for many types of people who were able to borrow two ...
    2008-03-17 02:05:00

  • Nat City falls on fears options could be narrowing

    Reuters South Africa - Investing Home ... NEW YORK (Reuters) - National City Corp (NCC.N: Quote , Profile , Research ), a large regional bank hurt by mortgage losses, fell ...
    2008-03-17 09:57:00

  • Analyst Actions: Lehman, JP Morgan, Tempur-Pedic, Cemex

    BusinessWeek - ... bids finally meet offers and assets begin to find a clearing price; the government directly or indirectly starts buying up mortgage securities; and the government quickly enacts a credible "bailout" plan that stems the source of the problem: home ...
    2008-03-17 10:11:00

  • Landlords find deals in housing crisis

    Reuters - During the property boom, mortgage rates were low and people could buy a home with little or no money down, so there was no incentive for many Americans to rent.
    2008-03-17 08:10:00

  • Lehman's Fuld Says Liquidity Concern `Off the Table' (Update2)

    Bloomberg - Mortgage-related assets amount to 29 percent of the financial instruments on Lehman's books, compared with 33 percent at Bear Stearns. An additional 13 percent of Lehman's financial instruments are U.S. government bonds that are easy to sell ...
    2008-03-17 08:03:00

  • Carlyle Capital bankrupt, to wind up fund

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education ... that its lenders have now taken possession of substantially all of its U.S. government agency AAA-rated residential mortgage ...
    2008-03-17 05:04:00

  • Part 29 -- A break on mortgage forgiveness

    KESQ News - When fighting to hold onto your home, every little bit helps. Late last year, Congress approved a measure aimed at providing a tax break to people fighting foreclosure. Taxpayers granted so-called forgiveness of mortgage debt do not have to pay taxes ...
    2008-03-17 06:15:00

  • U.S. March home builder index holds near low -NAHB

    Reuters - Our surveys confirm what I've been hearing personally from builders across the country, which is that interested buyers are out there, but they are either reluctant to go ahead with a home purchase or they are unable to find mortgage financing they ...
    2008-03-17 10:11:00

  • Home builders' confidence mired near record low

    USA Today - Interested buyers are out there, but they are either reluctant to go ahead with a home purchase or they are unable to find mortgage financing they can afford," said the trade group's president, Sandy Dunn, a home builder from Point Pleasant, W.
    2008-03-17 09:43:00

  • Wilbur Ross buys H&R Block's Mortgage One unit

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education ... Wilbur Ross buys H&R Block's Mortgage One unit ... Please let us know if this reader’s comment breaks the editor's rules and is ...
    2008-03-17 05:54:00

  • Mortgage brokers 'act fast' tip

    BBC Business - Last week the Council of Mortgage Lenders (CML) said new loans for home buyers fell to their lowest level for nine years in January, to just 50,300.
    2008-03-17 09:28:00

  • Ross pays $1.1B for H&R's Option One

    CNN Money - WL Ross & Co. earlier agreed to acquire $42 billion mortgage servicing rights from American Home Mortgage Investment Corp., ( AHMIQ ) and the combined total of $95 billion will create the country's second-largest subprime servicing portfolio, after ...
    2008-03-17 09:07:00

  • Investor Ross buys H&R Block mortgage service unit

    Forbes - In September Ross acquired the loan servicing unit of American Home Mortgage out of federal bankruptcy court for about $500 million, a business that now has $42 billion of loan rights.
    2008-03-17 09:36:00

  • (AFX UK Focus) 2008-03-17 17:18 GMT: US homebuilders March index holds steady at 20 as expected (Interactive Investor)

    WASHINGTON (Thomson Financial) - US homebuilders' confidence held steady in March as expected, but a key index measuring expectations for new home sales over the next six months dropped even further during the month.
    2008-03-17 10:47:03

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