Mortgage and Financial News From 2007-10-24 Page 10

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  • Mortgage Volume Increases Slightly

    Forbes - Mortgage application volume increased less than 1 percent during the week ending Oct. 19, according to the Mortgage Bankers Association. The MBA's weekly composite index rose to 656.5, from 656.3 the previous week. Refinance volume increased 4 ...
    2007-10-24 05:25:00

  • Madison Realty Capital Originates More than $500 Million in Short-Term ...

    Forbes - ... include: a $25 million loan backed by a 21,000 square foot historic townhouse in Manhattan; a $4.45 million refinancing of a hotel in Orlando, FL; a $3.2 million purchase of an apartment complex in Lexington, KY; and a $2.8 million refinance for a ...
    2007-10-24 06:01:00

  • Saga, Automobile Bankers Delay Sale of $9.8 Billion in Loans

    Bloomberg - Barclays Plc in London and Tokyo-based Mizuho Financial Group Inc. are arranging the financing, which will also fund shareholder dividends and refinance existing borrowings. The lenders agreed to hold the debt until demand for so-called leveraged ...
    2007-10-24 07:20:00

  • Refinance applications rise 4% last week: MBA

    Marketwatch - CHICAGO (MarketWatch) -- The volume of mortgage applications filed last week rose just slightly, driven by an increase in refinance applications, the Mortgage Bankers Association said on Wednesday. Total application volume was up a seasonally ...
    2007-10-24 11:02:00

  • Countrywide to refinance up to $16 billion in loans

    Fort Lauderdale Sun-Sentinel - Countrywide Financial Corp. , the biggest U.S. mortgage lender, will make it easier for customers to keep their homes by changing the terms on $16 billion of adjustable-rate mortgages. About 52,000 customers with subprime loans can refinance into ...
    2007-10-24 01:11:00

  • Countrywide: Now The Mortgage "Rescue" Firm?

    CNBC - This is all after Countrywide already announced earlier this week that it would refinance or modify 16 billion dollars worth of loans held by about 80,000 borrowers. All of this sounds well and good, but I’m still asking, how can Countrywide do this ...
    2007-10-24 12:13:00

  • Housing market takes turn for the worse

    CNBC - The Mortgage Bankers Association said its index of mortgage applications, which includes both purchase and refinance loans, crept up by 0.03 percent to 656.5 in the week ended October 19. The slight gain reflected the difficulty borrowers face ...
    2007-10-24 02:36:00

  • Colombia to refinance $1.3 bln with multilaterals in '08

    Reuters - NEW YORK, Oct 24 (Reuters) - Colombia will rely on multilateral organizations like the World Bank, the IADB and the CAF to refinance more than half of its $2.3 billion worth of external needs for 2008, Director of Public Credit Julio Torres said on ...
    2007-10-24 11:45:00

  • BNP Paribas Expects ECB To Hold Refinance Rate At 4% For Prolonged Period (Nasdaq)

    (RTTNews) - Commenting on the Purchasing Mangers' Index, or PMI, data for Euro zone, BNP Paribas economist Clemente De Lucia said she expects the European Central Bank to retain the refinance rate at 4% for a prolonged period of time.
    2007-10-24 04:55:07

  • Refinance applications up 4% last week, MBA survey shows (Market Watch)

    CHICAGO (MarketWatch) -- The volume of mortgage applications filed last week rose just slightly, driven by an increase in refinance applications, the Mortgage Bankers Association said on Wednesday.
    2007-10-24 04:10:16

  • Stocks Continue Downward Slide

    Stockhouse Canada - Among bank stocks, Countrywide Financial (CFC) is down 3.8 percent after the mortgage lender said it will help some 82,000 homeowners refinance their ... Later in the session, the Energy Information Administration released a report showing an ...
    2007-10-24 10:33:00

  • Diana Olick's Realty Check

    CNBC - This will allow about 52,000 C’wide borrowers to refinance about $10 billion ... She practically eats mortgage data for lunch. She says Countrywide may seem like ... They disclosed disturbing information unavailable even on trustee reports. The ...
    2007-10-23 07:28:00

  • Stocks Decline But Pare Early Losses - U.S. Commentary []

    RTT News - ... due to $7.9 billion in write-downs due to bad bets on the sub-prime mortgage ... reacted to news that the company will help some 82,000 homeowners refinance their ... Later in the session, the Energy Information Administration released a report showing ...
    2007-10-24 01:32:00

  • Home Loan U Offers Free Refinancing Tips

    Argus Observer Online - Their first impulse may be to immediately refinance but, in some cases, that might not be the best ... to determine the best course of action to meet their immediate and long-term needs. For more information on refinancing an arm and additional mortgage ...
    2007-10-24 11:16:00

  • Mortgage lenders pressured to offer relief from foreclosures

    Sauk Valley Daily Gazette - Earlier this year, Seattle-based Washington Mutual Inc., with a mortgage servicing portfolio valued at $713.3 billion, said it would refinance up to $2 ... posters are responsible for the opinions they express and the accuracy of the information ...
    2007-10-24 10:47:00

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