Mortgage and Financial News From 2008-1-15 Page 38
Previous Day: 2008-01-14
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Another drop in overnight real estate rates - Inman.com (subscription)
Another drop in overnight real estate ratesInman.com (subscription), CA - 5 hours agoRates and bonds are current as of 7:15 pm Eastern Standard Time. Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based ...
2008-01-15 07:10:24 -
Bank writedowns, dismal US retail sales, falling oil send stocks ... - News1130
Bank writedowns, dismal US retail sales, falling oil send stocks ...News1130, Canada - 5 hours agoThe figures come two weeks before the US Federal Reserve makes its next announcement on interest rates. "The softer first-quarter momentum implied by the ...
2008-01-15 07:55:04 -
Greenspan joins hedge fund Paulson - Telegraph.co.uk
Greenspan joins hedge fund PaulsonTelegraph.co.uk, United Kingdom - 4 hours agoPaulson manages $28bn of assets and last year earned billions of dollars when it called correctly the collapse in the sub-prime mortgage market, ...
2008-01-15 08:13:10 -
Fitch Affirms 12 Classes of 2 First Republic Mortgage Loan Trust ... - Business Wire (press release)
Fitch Affirms 12 Classes of 2 First Republic Mortgage Loan Trust ...Business Wire (press release), CA - 4 hours agoAs of the December 2007 distribution date, the transactions are seasoned 92 months and 86 months respectively and the pool factors (current mortgage loan ...
2008-01-15 08:39:04 -
Fitch Affirms 8 RMBS Ratings from 3 Greenpoint Manuf. Hsng Trusts - Business Wire (press release)
Fitch Affirms 8 RMBS Ratings from 3 Greenpoint Manuf. Hsng TrustsBusiness Wire (press release), CA - 3 hours agoSeries 1999-5 currently has a pool factor (current mortgage loan principal outstanding as a percentage of the initial pool) of 30% and is seasoned 96 months ...
2008-01-15 09:26:43 -
Full text of the New Mexico State of the State Address - Albuquerque Tribune
Full text of the New Mexico State of the State AddressAlbuquerque Tribune, NM - 1 hour agoWe're talking about our neighbors, our colleagues, our friends and our relatives — real people who are choosing between paying the mortgage or paying for ...
2008-01-15 11:52:07 -
Junior Gold - Backing Up the Truck - HoweStreet.com
Junior Gold - Backing Up the TruckHoweStreet.com, Canada - 1 hour agoWorries about the US economy grow as the subprime mortgage mess continues to spread. The unemployment rate rose to 5% last month and Wall Street economists ...
2008-01-15 11:59:26 -
A subprime swing: Politicians seek answers to the US housing crisis - MSNBC
A subprime swing: Politicians seek answers to the US housing crisisMSNBC - 40 minutes agoThe loans create their own debt spiral, with some lenders charging interest rates of 391 per cent. On Wall Street, the mortgage crisis has caused some heads ...
2008-01-15 12:19:51 -
Asia Day Ahead: US Stocks Fall; Citi, Merrill Get $21 Billion - Bloomberg
Asia Day Ahead: US Stocks Fall; Citi, Merrill Get $21 BillionBloomberg - 37 minutes agoHedge-fund inflows declined by 33 percent in the fourth quarter as subprime-mortgage losses caused some investors to delay new deposits, according to data ...
2008-01-15 12:22:24 -
Fed Auctions $30 Billion - The Associated Press
Fed Auctions $30 BillionThe Associated Press - 29 minutes agoThe auction result Tuesday means banks were able to borrow the fresh reserves at a rate below the Fed's current target for the funds rate. ...
2008-01-15 12:31:04 -
Gov. Richardson speaks to lawmakers (Portales News-Tribune)
SANTA FE -- Gov. Bill Richardson delivered the 2008 State of the State address Tuesday to a joint-session of the Legislature. The address kicked off the 30-day session.
2008-01-15 12:21:32 -
County’s budget crunched (Times-Reporter)
Interest rate cuts set off by the sub-prime mortgage crisis likely will put a dent in Tuscarawas County’s budget for 2008.
2008-01-15 12:26:42 -
Asia Day Ahead: U.S. Stocks Fall; Citi, Merrill Get $21 Billion (Bloomberg.com)
Jan. 16 (Bloomberg) -- The U.S. stock market resumed its January swoon after Citigroup Inc. reported a record loss, retail sales unexpectedly dropped and falling oil prices dragged down energy shares.
2008-01-15 12:31:51 -
Stocks get battered (CNN Money)
Stock losses accelerated Tuesday afternoon as investors bet that Citigroup's steep quarterly loss and a big drop in retail sales are further signs of the risk of an economic recession.
2008-01-15 12:40:36 -
Fed auctions $30 billion to banks to combat credit crisis, additional auctions expected (Deseret Morning News)
The Federal Reserve, working to combat the effects of a serious credit crisis, said Tuesday it had auctioned $30 billion in funds to commercial banks at an interest rate of 3.95 percent.
2008-01-15 12:57:05
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