Mortgage and Financial News From 2007-10-3 Page 24
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Errors and slowdowns at mortgage servicers can leave home owners in a lurch (The Times of Northwest Indiana)
NEW YORK | A cancer diagnosis forced Lindsey Jennings to give up his government job. With less income, Jennings feared he might lose the home he and his wife Pearl built near Atlanta almost 20 years ago. So he asked for help.
2007-10-02 11:19:22 -
HBOS ends annual mortgage targets (ShareCast)
LONDON (SHARECAST) - HBOS , the UK's biggest mortgage lender, is to scrap its annual market share targets as it warned of a slowdown in demand for home loans.
2007-10-03 12:51:47 -
HBOS ends annual mortgage targets (ShareCast via Yahoo! UK & Ireland Finance)
HBOS, the UK's biggest mortgage lender, is to scrap its annual market share targets as it warned of a slowdown in demand for home loans.
2007-10-03 12:40:06 -
UPDATE: Greenspan: Forex Moves Not Abnormal Relative To Past
FXStreet.com - Turning to the U.S., Greenspan expressed support for his successor as Fed chief, Ben Bernanke, and the Fed's decision to cut interest rates by 50 basis points to support the U.S. economy amid subprime-triggered market turmoil. "There was a lot of ...
2007-10-02 02:34:00 -
The Observer
Observer - After ordering interest rates last May to be cut to 12 per cent (compared with an inflation rate unofficially estimated at between 20 and 30 per cent), he dissolved the Money and Credit Association, which had the power over important monetary ...
2007-09-29 05:58:00 -
Aussie dollar scales 18-year high against US dollar
Times of India - SYDNEY: The Australian dollar hit its highest levels in over 18 years on Monday against a beleaguered US currency as a diverging outlook for interest rates attracted funds to the higher-yielding Aussie. Aussie dollar reached as high as $0.8894 ...
2007-09-30 05:57:00 -
6.5% GDP growth forecast for 2007
Manila Times - Central bank cuts interest rates The central bank is expected to cut its interest rates by 25 basis points before yearend, Neumann said. “The cut in the [US] Fed rate made it easier for the BSP to do it ...
2007-10-02 10:05:00 -
Dollar higher against euro
DAWN Group - ... to recover on Tuesday from its record low against the euro, boosted by positive trading on Wall Street and European interest ... The ECB is widely expected to hold rates at 4 per cent and the BoE is also forecast for no change from the current 5.75 per ...
2007-10-03 12:07:00 -
Consumer spending pressures interest rates
Sydney Morning Herald - The Reserve Bank of Australia (RBA) has kept interest rates unchanged, but another rate rise is growing increasingly likely with no sign consumer spending has eased. ANZ economist Amber Rabinov said low unemployment combined with personal income tax ...
2007-10-03 12:50:00 -
LONDON, October 3 --
Earthtimes - ... could spell greater pain for consumers trying to cope with increased mortgage ... the coming months, with companies tightening their belts in the face of current ... It is affected by changes in tax rates, National Insurance and other employer ...
2007-10-02 11:52:00 -
Business Minute: Stocks settle mixed...Auto sales generally weak...Oil ...
WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money ... NEW YORK (AP) - Wall Street's Morgan Stanley says it is cutting about 600 jobs and shrinking its mortgage business. The ...
2007-10-02 02:27:00 -
Early rand a tad firmer
Sunday Times South Africa - The credit crunch and sub-prime mortgage fall-out is far from over and the potential for further volatility should not be discounted," they said. They added that given the current drivers of currencies being interest rates and risk aversion, one could ...
2007-10-03 12:35:00 -
BI expected to keep rates on hold for 3rd straight month
Antara Interactive - BI expected to keep rates on hold for 3rd straight month Jakarta (ANTARA News ... get the chance in November, assuming that the rupiah remains stable around current ... month in a row while still carefully considering the impact of the subprime mortgage ...
2007-10-03 12:28:00 -
Bank of England seen freezing rates after Northern Rock chaos
New Straits Times - The Bank of England is widely forecast to hold interest rates at 5.75 percent Thursday after recent financial markets ... This was in the wake of losses caused by bad investments -- mainly mortgage-backed securities linked to subprime or high-risk ...
2007-10-02 08:53:00 -
Thornburg Mortgage Announces Earnings Conference Call (Business Wire via Yahoo! Finance)
SANTA FE, N.M.----Thornburg Mortgage, Inc. , a leading single-family residential mortgage lender focused principally on the jumbo and super-jumbo segments of the adjustable-rate mortgage market, today announced it will release results for the third quarter on Tuesday, October 16, 2007, after market hours.
2007-10-02 01:00:00