Mortgage and Financial News From 2007-12-22 Page 11
Previous Day: 2007-12-21
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
-
Fewest UK first time home buyers for years-Halifax
Reuters UK - ... with average homes now unaffordable in most towns, the country's biggest mortgage ... housing market has cooled in recent months due to higher interest rates and ... Next Article: Wall St Week Ahead: Home sales, rates set mood for holiday week ...
2007-12-22 01:28:00 -
Mortgage default notices fall 31%
San Diego Union-Tribune - When a glut of foreclosures pulls down home prices too far, it no longer makes ... vice president of marketing for Irvine-based RealtyTrac, which tracks mortgage ... rate subprime mortgages throughout the U.S. will reset from low introductory rates ...
2007-12-22 06:07:00 -
Mortgage foreclosures mainly due to income
Corpus Christi Caller - The No. 1 reason its customers have been defaulting on mortgage loans is because their income was cut. That accounted for almost 60 percent of its loan defaults in the first 10 months of this year; add in sickness and divorce and the total jumps to ...
2007-12-22 03:01:00 -
SEC Probes Wall Street on Mortgage-Related Asset Pricing
Stockhouse Canada - The SEC is also investigating how retail bank Washington Mutual (WM) reported on mortgage loans that regulators suspect were based on inflated appraisals. The inquiry involves several possible issues, including whether WaMu accurately disclosed to ...
2007-12-22 04:48:00 -
FoundationWorks Forms Mortgage Subsidiary, EquityAccess Mortgage, Inc. July 2007 (PRWeb)
EquityAccess Mortgage will originate low rate, government and conventional mortgage loans for factory-built homes, primarily focusing on existing homeowners. EquityAccess Mortgage will be vertically integrated with the FoundationWorks permanent foundation system which has a unique, proprietary, and cost-effective method to retrofit existing foundation systems. In addition, EquityAccess will ...
2007-12-22 12:15:37 -
FoundationWorks Forms Mortgage Subsidiary, EquityAccess Mortgage, Inc. July 2007 (PRWeb via Yahoo! News)
EquityAccess Mortgage will originate low rate, government and conventional mortgage loans for factory-built homes, primarily focusing on existing homeowners.
2007-12-21 11:01:00 -
Dollar rises to 6-week high vs yen, boosted by stocks
Stockhouse Canada - ... about risk, which have been fueled by the troubles in the U.S. subprime mortgage ... hit an all-time low against the euro on expectations that UK interest rates may be ... S. personal spending and a late December sentiment index that was near its lowest ...
2007-12-22 04:48:00 -
European Stocks Fall This Week, Led by Vinci, Anglo, Barclays
Bloomberg - ... than previously expected, signaling no imminent plan to lower interest rates to ... German business confidence sank to the lowest in almost two years this month as ... packaging asset-backed securities, and 10 billion pounds of commercial-mortgage ...
2007-12-22 01:57:00 -
Fewest first time home buyers for years
Reuters UK - LONDON (Reuters) - The number of first time house buyers has fallen to the lowest level since 1980, with average homes now unaffordable in most towns, mortgage ... Britain's housing market has cooled in recent months due to higher interest rates and ...
2007-12-22 04:48:00 -
First-time buyers priced out in 93% of towns (icWales)
ALMOST the entire Welsh housing market is now beyond the reach of first-time buyers, according to new research released today.
2007-12-22 01:04:31 -
What the candidates are saying about the economy (Atlanta Journal-Constitution)
With the economy now slowing, the next president may well have to cope with the lingering effects of a 2008 recession. In speeches and policy statements, the major candidates have suggested how they would approach fiscal and economic problems. Here are Democrats' and Republicans' positions on four key issues:
2007-12-21 06:41:51 -
New Legislation Targets Sub-Prime Loans
New California Media - But this time, the only kind of loan she could afford was the two-year sub-prime loan with a 7.5 percent interest rate. In the last few months, the interest rate has nearly doubled, and Cueva is finding it increasingly difficult to make her mortgage ...
2007-12-19 03:58:00 -
Turkish Lira Declines in Past Week as Investors Shun Equities
Bloomberg - ... and will continue to do so,'' Prime Minister Recep Tayyip Erdogan said on Dec. 19, without elaborating on any Turkish operations on the border. The lira was also hurt after Turkey's central bank cut Europe's highest interest rate to 15.75 ...
2007-12-22 01:14:00 -
Bailout danger
Chicago Tribune - The result, of course: insolvency and bailout. What is now being proposed is to lock the banks into hundreds of billions of dollars of low-interest-rate sub-prime mortgages. Indeed many argue that the proposed rate freeze should be extended to cover ...
2007-12-21 11:55:00 -
Grim forecast for interest rates (Adelaide Now)
INFLATION will rocket to four per cent by March, making further rate hikes a near certainty in the new year.
2007-12-21 05:30:00