Mortgage and Financial News From 2007-10-24 Page 4

RSS Feed

Previous Day: 2007-10-23

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 18 19 20 21 - 40

  • ANZ, Insulated From Credit Crisis, Has Record Profit (Update1) (Bloomberg.com)

    Oct. 25 (Bloomberg) -- Australia & New Zealand Banking Group Ltd., the nation's third largest, posted record second-half profit on the fastest revenue growth in seven years and increased deposits, insulating it from the global debt crisis.
    2007-10-24 05:10:00

  • King County's bond rating may drop (Seattle Post-Intelligencer)

    King County may see its rating lowered on $1.5 billion of bonds because of its investments in debt being roiled by rising defaults on U.S. home mortgages.
    2007-10-24 08:57:30

  • ANZ, Insulated From Credit Crisis, Has Record Profit (Update3) (Bloomberg.com)

    Oct. 25 (Bloomberg) -- Australia & New Zealand Banking Group Ltd. posted record second-half profit as the fastest revenue growth in seven years and increased deposits insulated the bank from higher global funding costs.
    2007-10-24 08:40:14

  • Centex Cut Home Prices 15-20 Percent (AP via Yahoo! Finance)

    Centex Corp. cut prices on many of its homes and offered more traditional mortgages this summer, executives say, but that wasn't enough to stave off a sharp drop in sales, and the big homebuilder posted a huge quarterly loss.
    2007-10-24 02:47:47

  • Bank of America to eliminate 3,000 jobs (AP via Yahoo! News)

    Bank of America Corp. said Wednesday it will eliminate 3,000 jobs, an announcement that came less than a week after the nation's second-largest bank reported a huge drop in earnings for the third quarter.
    2007-10-24 05:31:42

  • Yen Rises for a Second day Before U.S. New Home Sales Report (Bloomberg.com)

    Oct. 25 (Bloomberg) -- The yen rose for a second day against the dollar and the euro as speculation increased that a housing slump will weaken the U.S. economy and spur investors to unwind purchases of riskier assets funded by loans in Japan.
    2007-10-24 05:21:17

  • Factsheet: APR, AER and EAR

    Guardian Unlimited - So if you are borrowing £100 at an APR of 9%, you will pay £9 in interest and charges over the first year. Mortgage lenders will advertise a ... account offering monthly interest may be lower than the gross rate on an account offering only one interest ...
    2007-10-24 05:14:00

  • Merrill's rivals catch a cold from writedown

    MSN MoneyCentral - Merrill Lynch's announcement on Wednesday that its US mortgage-related losses were not $4.5bn - as it estimated little more than two weeks ago - but $7.9bn damaged not only its ... top of the structure there are tranches with lower rates of interest ...
    2007-10-24 04:52:00

  • Hong Kong shares higher on US rate cut hopes; China data being ...

    Forbes - ... early trade led by the property and banking sectors on growing hopes for an interest ... s wider-than-expected third-quarter loss due to mortgage-securities related ... News and its third party content providers for your personal information only ...
    2007-10-24 07:59:00

  • Fitch Affirms GS Mortgage Securities Corp. II 1997 GL-I

    PR Inside - --Interest only class X-2 at 'AAA'. Classes A-1, A-2A, A-2B, A-2C, A-2D, X-1A, X1-B, B, C, D, E, F, and M have paid in full. Through payoff and amortization, the transaction balance has been reduced by 91.5% since issued, with 380 Madison Avenue the ...
    2007-10-24 11:52:00

  • 'Interest-rate rise next month'

    News.com.au - Well Dave I can tell you that I certainly recall the recession years under Keating and I certainly recall the 17% interest rates my parents were faced with when they were paying off their house. But then again their mortgage was only a fraction of ...
    2007-10-24 05:50:00

  • Labor's IR policies would drive interest rates: Howard

    News.com.au - ... the inflation debate by saying Labor's industrial relations policy would put pressure on prices and mortgage rates. Mr Howard said any interest ... It goes like this a 20% deposit on a $50,000 home = $40,000 required, but with only 80% ($32,000) lent ...
    2007-10-24 06:33:00

  • Stocks Finish Rocky Session Lower

    Chicago Tribune - NEW YORK - Wall Street recovered from steep losses Wednesday amid hopes for an imminent interest rate cut, but stocks still ... Not only is the housing implosion dampening corporate profits, it appears to be accelerating. But the blue chip index ...
    2007-10-24 02:22:00

  • Factsheet: Mortgages

    Guardian Unlimited - An interest-only mortgage does what it says on the tin - each month you repay just the interest incurred on your borrowing. The capital is only repaid the day the mortgage ends, and can be paid off using whatever money you choose - this might be cash ...
    2007-10-24 05:14:00

  • Are mortgage lenders doing enough to help? (The Springfield News-Leader)

    Los Angeles -- Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008. But as defaults and foreclosures snowball, the mortgage industry is under increasing pressure to do even more to help financially strapped borrowers hang ...
    2007-10-24 01:06:27

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40