Mortgage and Financial News From 2008-3-17 Page 16

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  • Downey Financial Corp. Announces Thirteen Month Selected Financial ...

    MSN MoneyCentral - MORTGAGE LOANS SERVICED FOR OTHERS Total ... To the extent these loans remain current with their loan payments, we distinguish them from total non-performing assets because their modified interest rates are no less ...
    2008-03-17 02:55:00

  • Mortgage stress hits rich

    News.com.au - The major banks, faced by higher funding costs, are expected to again raise their variable mortgage rates by about 15 basis ... However, he said, that would be challenging in the current environment. Bank profits are now expected to come under ...
    2008-03-13 05:54:00

  • FAQ: Bear Stearns banking crisis

    Guardian Unlimited - It specialised in credit products such as mortgage-backed securities that left it ... JP Morgan is taking advantage of the current crisis to expand its operations. ... harder to raise money, making it more likely that they will charge higher rates ...
    2008-03-17 03:02:00

  • Hong Kong shares close at year's low on Bear Stearns' troubles ...

    Forbes - Over the weekend, the subprime mortgage crisis claimed another major victim -- Wall ... The current index level is also its lowest in nearly seven months. ... The Fed has cut rates multiple times since September 2007 but the flow of ...
    2008-03-17 02:40:00

  • Chicago-area banks see mounting losses on loans

    Chicago Tribune - Losses from such loans rose at rates well into double digits in 2007 ... plus side, Harris' Yuhn said, "we're seeing an increase in our mortgage and home-equity activities as customers look to us as a stable, high-quality provider in the current ...
    2008-03-17 03:16:00

  • worst financial crisis

    Financial Times - T he current financial crisis in the US is likely to be judged in retrospect as the ... stabilise and with them the value of equity in homes supporting troubled mortgage ... Risk management seeks to maximise risk-adjusted rates of return on equity; often ...
    2008-03-17 04:14:00

  • Sleepless Nights As Fixed Mortgages End

    Sky.com - ... rates - nearly 70,000 - admitted that they had no idea how they would foot the bill when their current rate expires. Some 14% suffered insomnia because of worries over their home loan and 17% reported arguments with their partners over the mortgage ...
    2008-03-16 11:41:00

  • US rates move sparks Aussie share exodus

    News.com.au - ... and local finance companies have been the hardest hit as the sub-prime mortgage ... The US central bank has already lowered benchmark overnight rates by a cumulative ... In the current turmoil, the safest investments are in commodities such as gold ...
    2008-03-16 08:57:00

  • How bad is the mortgage crisis going to get?

    CNN Money - But the current problem is still pretty awesome. Can you compare this to other economic crises the U.S. has faced? ... 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 03:09:00

  • Moribund Housing Lets Mortgages Diminish Treasuries (Update2)

    Bloomberg - One reason why rates haven't come down is because of a decline in demand for mortgage securities. Yields on the current coupon 30-year fixed-rate mortgage bond guaranteed by Fannie Mae rose to 2.38 percentage points more than 10-year Treasuries this ...
    2008-03-17 03:31:00

  • Mortgage brokers 'act fast' tip

    BBC News - One in 20 of those on fixed rates say they have no idea how they will meet repayments when their current deal expires, according to a new survey by body Mortgage Monitor.
    2008-03-17 05:11:00

  • Downey Financial Corp. Announces Thirteen Month Selected Financial Data (PR Newswire via Yahoo! Finance)

    Downey Financial Corp. today released monthly selected financial data for the thirteen months ended February 29, 2008.
    2008-03-17 03:00:00

  • Business calendar (Portsmouth Herald)

    Portsmouth
    2008-03-17 03:07:50

  • Q&A: Bear Stearns banking crisis (Guardian Unlimited)

    US investment bank Bear Stearns, America's fifth-largest bank, has been sold to rival JP Morgan Chase at a knockdown price of $2 a share, valuing it at $236m (£117m). Last week it was worth $140bn
    2008-03-17 03:15:56

  • ASK THE FOOL (Contra Costa Times)

    The ABCs of OTC Q: What does "OTC" refer to in the financial world? -- G.R., Macon, Ga. A: OTC officially stands for "over the counter," but today it should really be "over the computer.
    2008-03-17 03:37:31

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