Mortgage and Financial News From 2008-1-25 Page 18

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  • Countrywide to Announce Fourth Quarter 2007 Earnings Via Press Release - CNNMoney.com

    Countrywide to Announce Fourth Quarter 2007 Earnings Via Press ReleaseCNNMoney.com - 47 minutes agoThrough its family of companies, Countrywide originates, purchases, securitizes, sells, and services residential and commercial loans; provides loan closing ...
    2008-01-25 04:12:49
  • Union Bankshares Corporation Reports Net Income - PR Newswire (press release)

    Union Bankshares Corporation Reports Net IncomePR Newswire (press release), NY - 45 minutes agoReduced mortgage loan demand combined with less liquidity in the secondary market and more stringent underwriting requirements have slowed both purchase and ...
    2008-01-25 04:15:08
  • MidSouth Bancorp, Inc. Reports Fourth Quarter 2007 Earnings - CNNMoney.com

    MidSouth Bancorp, Inc. Reports Fourth Quarter 2007 EarningsCNNMoney.com - 42 minutes ago... 9362 Real estate - mortgage 204291 192583 6.1% 205200 200966 Real estate - construction 80864 64126 26.1% 73787 75809 Installment loans to individuals ...
    2008-01-25 04:17:36
  • Union Bankshares Corporation Reports Net Income - CNNMoney.com

    Union Bankshares Corporation Reports Net IncomeCNNMoney.com - 42 minutes agoThis decline reflected lower mortgage segment income from the sale of loans of approximately $204 thousand from the same quarter a year ago. ...
    2008-01-25 04:17:36
  • Heritage Bankshares, Inc. Announces Results for Fourth Quarter and ... - CNNMoney.com

    Heritage Bankshares, Inc. Announces Results for Fourth Quarter and ...CNNMoney.com - 42 minutes agoGains on sale of mortgage loans held for sale decreased by $58000, from $178000 in 2006 to $120000 in 2007, due to reduced mortgage loan origination volume. ...
    2008-01-25 04:17:36
  • The Smartest Men in the Room - HoweStreet.com

    The Smartest Men in the RoomHoweStreet.com, Canada - 40 minutes agoBirnbaum was already a Goldman veteran and had developed a new security that was tied to mortgage rates. Swenson convinced Birnbaum to try trading in the ...
    2008-01-25 04:19:36
  • Obama looks ahead to countrywide votes after South Carolina contest - The Canadian Press

    Obama looks ahead to countrywide votes after South Carolina contestThe Canadian Press - 39 minutes agoIt's harder to save," he said, noting that he and his wife were once paying more each month on education loans than their mortgage. ...
    2008-01-25 04:21:02
  • Wonky new cocktail party topic: The conforming loan limit might go ... - San Jose Mercury News

    Wonky new cocktail party topic: The conforming loan limit might go ...San Jose Mercury News,  USA - 38 minutes agoBy this morning, I had received emails from at least four mortgage lenders/brokers who have me on their lists, telling me that the time could be right for ...
    2008-01-25 04:21:37
  • Candidates battle for the sun as voters feel the heat - MarketWatch

    Candidates battle for the sun as voters feel the heatMarketWatch - 38 minutes agoA registered independent who's leaning toward Barack Obama, Hager drives between jobs in Tampa and says energy costs and student loans are burdening her. ...
    2008-01-25 04:22:00
  • Billionaire friend of Prince Andrew sued - Telegraph.co.uk

    Billionaire friend of Prince Andrew suedTelegraph.co.uk, United Kingdom - 34 minutes ago... it was revealed that the teenager's father admitted three federal fraud charges in 2001 relating to arranging fraudulent loans as a mortgage broker.
    2008-01-25 04:25:54
  • UK Lawmakers Accuse FSA Of Systematic Failure Over N Rock - CNNMoney.com

    UK Lawmakers Accuse FSA Of Systematic Failure Over N RockCNNMoney.com - 33 minutes ago14 that the mortgage lender had been forced to appeal to the Bank of England for emergency funding sparked a run on the bank that lasted several days. ...
    2008-01-25 04:26:24
  • Ambac may rise on speculation of takeover by billionaire Ross - Tehran Times

    Ambac may rise on speculation of takeover by billionaire RossTehran Times, Iran - 32 minutes agoAs defaults on subprime mortgage loans accelerated, ratings companies downgraded bonds linked to the debt. The ratings companies then demanded the insurers ...
    2008-01-25 04:27:37
  • Fannie and Freddie to the Rescue? - BusinessWeek

    Fannie and Freddie to the Rescue?BusinessWeek - 24 minutes agoEconomists and analysts agree that boosting the mortgage limit will help inject the jumbo loan market, which is under significant strain, with much-needed ...
    2008-01-25 04:35:23
  • UnionBanCal Corp. Q4 2007 Earnings Call Transcript - Seeking Alpha

    UnionBanCal Corp. Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 23 minutes agoThe portfolio concentrations roughly mirror the residential mortgage loans. We continued to hold a CLO portfolio of just under $2 billion. ...
    2008-01-25 04:37:16
  • Will Gold Crash in a Recession? - HoweStreet.com

    Will Gold Crash in a Recession?HoweStreet.com, Canada - 9 minutes agoThe flight to quality by investors who no longer trust packages of mortgage loans, or anything that is not strictly labeled as government backed, ...
    2008-01-25 04:50:35