Mortgage and Financial News From 2008-1-18 Page 16

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  • Detroit Motor Show: Car wars - Telegraph.co.uk

    Detroit Motor Show: Car warsTelegraph.co.uk, United Kingdom - 1 hour ago... having lost a million in US sales in less than five years and with the spectre of an $18 billion mortgage hanging over the entire company. ...
    2008-01-18 04:32:20
  • Call for calm as property panic hits insurer - Scotsman

    Call for calm as property panic hits insurerScotsman, United Kingdom - 1 hour agoAegon put the move down to the effect in the UK of worldwide concern over the US sub-prime mortgage market fallout, rising interest rates and talk of ...
    2008-01-18 04:36:46
  • Applied CEO sees FY '08 revenues roughly flat from '07 - Electronics Supply & Manufacturing

    Applied CEO sees FY '08 revenues roughly flat from '07Electronics Supply & Manufacturing - 1 hour ago"On the US economy, there are some pretty serious problems," Splinter said, such as the ongoing subprime mortgage crisis, but added the world's biggest ...
    2008-01-18 04:47:11
  • Mark buys Water Tower Building - Bizjournals.com

    Mark buys Water Tower BuildingBizjournals.com, NC - 1 hour ago... Pier One Imports, Portland Metropolitan Association of Realtors, Resolute, Sun Trust Mortgage, three restaurants and several creative service companies. ...
    2008-01-18 04:50:39
  • Bush's Economic Shot in the Arm - BusinessWeek

    Bush's Economic Shot in the ArmBusinessWeek - 1 hour agoBush would also temporarily lift the cap on the size of loans that government-sponsored mortgage companies Fannie Mae (FNM) and Freddie Mac (FRE) can ...
    2008-01-18 04:50:39
  • The power and the glory - Mortgage Introducer

    The power and the gloryMortgage Introducer, UK - 57 minutes ago“The changes to the FSA’s powers will not affect mortgage brokers. The credit crunch is having a much bigger impact on the market than the outcomes of the ...
    2008-01-18 04:59:12
  • Stocks close a miserable week with another loss - Providence Journal

    Stocks close a miserable week with another lossProvidence Journal, RI - 54 minutes agoWhile it began optimistically, with the Dow surging 172 points on hopes that perhaps the worst of the housing and mortgage crisis might be over, ...
    2008-01-18 05:01:53
  • Northern Rock in fresh £30bn debt guarantee - Business Spectator

    Northern Rock in fresh £30bn debt guaranteeBusiness Spectator, Australia - 52 minutes ago... to keep Northern Rock as a private company by proposing a huge new government guarantee of the troubled bank’s mortgage assets, The Times reports. ...
    2008-01-18 05:03:39
  • NYSE Indexes Reverse Lower - CNNMoney.com

    NYSE Indexes Reverse LowerCNNMoney.com - 44 minutes agoMortgage-related companies were among the top losers while semiconductors showed some gains. Clay mineral miner Amcol International (NYSE:ACO) ACO gapped ...
    2008-01-18 05:11:30
  • Bond Insurers’ Distress Rattles Wall Street - New York Times

    Bond Insurers’ Distress Rattles Wall StreetNew York Times, United States - 37 minutes agoAlready under siege for having branched into risky mortgage-related debt from far safer municipal bonds, two bond guarantors — who have insured hundreds of ...
    2008-01-18 05:18:49
  • Expensive Homes and Mortgage Short Sales: Special Pitfalls and ... - American Chronicle

    Expensive Homes and Mortgage Short Sales: Special Pitfalls and ...American Chronicle, CA - 26 minutes agoMy clients have included DuPont, IBM, several billion dollar companies, and currently about two hundred small businesspeople around the United States. ...
    2008-01-18 05:30:15
  • Hollywood fades as draw to equity - Variety

    Hollywood fades as draw to equityVariety, CA - 20 minutes ago"The Dark Knight," there have been few significant new pacts in the last six months -- a period that coincides with a mortgage crisis that erupted last ...
    2008-01-18 05:36:06
  • Most buyers should reject 40-year loans - Lawrence Journal World

    Most buyers should reject 40-year loansLawrence Journal World, KS - 8 minutes agoBy David W. Myers Buying a house with a 40-year mortgage is usually a bad idea, but such loans can be a viable option for current owners who are behind on ...
    2008-01-18 05:48:17
  • What’s Behind Those Offers to Raise Credit Scores - New York Times

    What’s Behind Those Offers to Raise Credit ScoresNew York Times, United States - 6 minutes agoBy JANET MORRISSEY A HOST of companies have cropped up in the last year that offer struggling subprime mortgage holders quick-fix programs aimed at raising ...
    2008-01-18 05:49:24
  • Wall St. drops as Bush rescue plan disappoints - Reuters

    Wall St. drops as Bush rescue plan disappointsReuters - 5 minutes ago... again, on worries over spreading subprime mortgage fallout, and were joined in the rout by telecommunications companies after Sprint Nextel announced ...
    2008-01-18 05:51:08