Mortgage and Financial News From 2008-1-25 Page 13

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  • Bill Clinton campaigns for his wife in Spartanburg - Spartanburg Herald Journal (subscription)

    Bill Clinton campaigns for his wife in SpartanburgSpartanburg Herald Journal (subscription), SC - 8 hours agoThey first took over the Republican Party, and then they preformed reverse-plastic surgery on the Democrats." Bill Clinton played up the work his wife has ...
    2008-01-25 11:07:30

  • Sell Now? What Then? (The Motley Fool)

    If you exit the market, how do you know when to get back in?
    2008-01-25 09:53:31

  • The Revolution Was (Ludwig von Mises Institute)

    [This essay was first published as a monograph in 1938, now republished in Ex-America , copyright Caxton Press.] There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are gazing in the wrong direction. The revolution is behind them.
    2008-01-25 01:09:49

  • Gateway Financial Holdings Reports FY 2007 Net Income of $11 Million ...

    MSN MoneyCentral - ... Inc. does essentially no sub-prime lending, the limited access to the secondary markets (especially for jumbo mortgages) had a ... Gateway Bank Mortgage commenced operations during the second quarter of 2006. The increase in other income was primarily ...
    2008-01-25 03:32:00

  • Company Default Risk Falls on Report Wilbur Ross May Buy Ambac

    Bloomberg - Hannover Re, Germany's second- biggest reinsurer declined 9 to 54 as of 11 a.m. in London. The benchmark Markit iTraxx ... by Moody's Investors Service and Standard & Poor's because of losses on collateralized debt obligations and subprime mortgages
    2008-01-25 03:54:00

  • Hair of the Dog

    Time - Right-wing radio talk shows are still dominated by ads for second mortgages. Every day's mail still brings fat envelopes from companies begging to issue you a credit card. Every TV commercial that isn't about some prescription drug for a disease you ...
    2008-01-23 03:59:00

  • Washington Sets $150 Billion Plan To Jolt Economy

    Wall Street Journal - ... that would put $150 billion into the hands of consumers and businesses while seeking to revive the market for large mortgages. ... add roughly 0.7 percentage points to growth in gross domestic product for 2008, with the effects concentrated in the second ...
    2008-01-25 05:05:00

  • Money: Lending Down For New Home Mortgages

    Ananova - Mortgage lending weakened notably in the second half of 2007 as the credit crunch impacted on banks' ability to lend," said the BBA's David Dooks. "At the same time, demand for mortgages also softened in the face of increased borrowing costs and lower ...
    2008-01-25 01:31:00

  • SocGen's Debacle, IPO Logjam's Meaning, Santander Loss: Timshel

    Bloomberg - ... number of conclusions from the debacle at Societe Generale, France's second-largest bank by market value. Here are four to consider. -- Citigroup Inc., battered by multibillion-dollar losses on investments related to subprime mortgages ...
    2008-01-25 12:05:00

  • Area's housing woes reflect 2007 slump in national market

    Palm Beach Post - But although local home sale ads are filled with five and six-figure price cuts, and although sellers are offering to hold second mortgages or even pay several months of the mortgage, sales have stalled. "Despite the fact that house prices are ...
    2008-01-24 09:56:00

  • Jobless report, earnings news help stocks stay on roll

    Chicago Tribune - Stocks advanced for the second day in a row Thursday, reflecting upbeat earnings reports by Qualcomm and Xerox and a ... The economic stimulus agreement includes a temporary increase in the size of home mortgages that Fannie Mae and Freddie Mac ...
    2008-01-25 03:25:00

  • 2m Britons have a second home in UK

    This is Money - Mortgages & homes ... The second homes are typically a country house for those who live in a city, or a town house for those living in the ...
    2008-01-25 02:35:00

  • LAYOFFS IN OFFING ON WALL STREET

    New York Post - The positions at Lehman are concentrated in structured finance, commercial real estate, securitization, trading of mortgages and collateralized debt obligations, a second person said. Banks and brokers have eliminated more than 25,000 jobs in the ...
    2008-01-25 01:31:00

  • Hong Kong stock index soars 6.7 percent after overnight gain on Wall ...

    CNBC - Lower rates tend to encourage home buying as mortgages are cheaper. Sun Hun Kai Properties rose 4.76 percent to HK$158.4, Cheung Kong rose 7.53 percent to HK$131.4 and Henderson Land rose 5.95 percent to HK$71.20. Banking giant HSBC, which has been ...
    2008-01-25 01:45:00

  • The Mortgage Professor A Not-So-Simple Truth About Interest - Washington Post

    The Mortgage Professor A Not-So-Simple Truth About InterestWashington Post, United States - 5 hours agoThis mortgage has no special name because most mortgages are of this type. The second kind of mortgage accrues interest daily and is always simple interest. ...
    2008-01-25 01:13:22

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