Mortgage and Financial News From 2008-1-23 Page 12

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• Stimulus Package: What's in and Out

  FOX News - Making it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans and allowing Fannie Mae and Freddie Mac to buy loans larger than $417,000. _Unemployment insurance: Extending benefits past 26 weeks ...
  2008-01-23 03:30:00

• UPDATE 3-Key U.S. senator proposes program to buy mortgages

  Forbes - The Dodd proposal resembles the Home Owners' Loan Corporation founded in the mid-1930s to refinance homes that were heading toward foreclosure during the Great Depression and ended by delivering a small profit to the government. Some analysts have ...
  2008-01-23 03:38:00

• Agreement Closer for Economy Rescue Pact

  Forbes - Barney Frank, D-Mass., said negotiators were near an agreement on including an overhaul of the Federal Housing Administration that would make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured ...
  2008-01-23 03:45:00

• Meet Robert Tchenguiz: he's lost £560m and counting. But he says ... - Guardian Unlimited

  Meet Robert Tchenguiz: he's lost £560m and counting. But he says ...Guardian Unlimited, UK - 1 hour agoThe arrival of the credit crunch last summer has made it extremely hard for indebted businesses to refinance while the commercial property market slowed ...
  2008-01-23 07:16:33

• Metrobank to refinance $235m in tier 2 notes - Manila Standard Today

  Metrobank to refinance $235m in tier 2 notesManila Standard Today, Philippines - 1 hour agoBy Eileen A. Mencias Metropolitan Bank and Trust Co., the country’s largest bank in terms of assets, will refinance $235 million of its tier 2 notes in the ...
  2008-01-23 07:23:21

• Centro's New Chief Rules Out Fire Sale of Assets (Update1) - Bloomberg

  Centro's New Chief Rules Out Fire Sale of Assets (Update1)Bloomberg - 1 hour ago24 (Bloomberg) -- Centro Properties Group's Chief Executive Officer Glen Rufrano ruled out a fire-sale of assets as he seeks to persuade banks to refinance ...
  2008-01-23 07:24:49

• Australian, NZ Dollars Advance on Widening Yield Premiums - Bloomberg

  Australian, NZ Dollars Advance on Widening Yield PremiumsBloomberg - 1 hour agoThe Bank of Japan held its main refinance rate at 0.5 percent this week and the Federal Reserve unexpectedly cut its benchmark rate by 0.75 percentage point ...
  2008-01-23 07:24:49

• Liverpool fans threaten American owners with financial boycott - Guardian Unlimited

  Liverpool fans threaten American owners with financial boycottGuardian Unlimited, UK - 1 hour agoLiverpool are facing £30m annual interest repayments should the Americans refinance and continue to resist offers to sell from Dubai International Capital, ...
  2008-01-23 07:33:43

• Time to sell, says Roy - Dandenong Star

  Time to sell, says RoyDandenong Star, Australia - 1 hour agoIt has reduced the ability of major companies being able to refinance their huge debt levels. The financial year in the USA ended on 31 December 2007 and ...
  2008-01-23 07:35:22

• Hunter farmers face rebuilding challenge - ABC Online

  Hunter farmers face rebuilding challengeABC Online, Australia - 1 hour ago"The drought is over, but then where's the money to refinance and buy the stock and things like that?" he said. "So there are still a lot of issues to carry ...
  2008-01-23 07:55:21

• Ferguson backs Liverpool rival Benitez in row with club's American ... - PR-Inside.com (Pressemitteilung)

  Ferguson backs Liverpool rival Benitez in row with club's American ...PR-Inside.com (Pressemitteilung), Austria - 1 hour agoHicks said a deal will be completed Thursday to refinance a loan he used to purchase the 18-time English champion in March and will then press ahead with ...
  2008-01-23 07:55:57

• Safeguard yourself against economic downturn - KVBC

  Safeguard yourself against economic downturnKVBC, NV - 1 hour agoAlso, you should pay down credit debt and look to refinance and consolidate bad-rate loans. "I think sitting down and doing a budget is really a good thing ...
  2008-01-23 08:03:38

• Asian shares up after Wall Street's turnaround;t sentiment still ... - CNNMoney.com

  Asian shares up after Wall Street's turnaround;t sentiment still ...CNNMoney.com - 41 minutes ago'Centro's given the market some assurance that they won't be forced into an asset fire sale as it seeks to refinance debt,' said Klusman of Aequs Securities ...
  2008-01-23 08:28:53

• Is it Time to Refinance in Berks County? - WFMZ-TV Online

  Is it Time to Refinance in Berks County?WFMZ-TV Online, PA - 38 minutes agoWHITE: We're really on the verge of another refinance market. REPORTER: Leesport Bank's Senior VP says the decision whether to refinance and when is based ...
  2008-01-23 08:32:34

• Caught in a wave of debt - Milwaukee Journal Sentinel (subscription)

  Caught in a wave of debtMilwaukee Journal Sentinel (subscription), WI - 26 minutes ago... they're just adjustable-rate mortgages that people can't handle, largely because they are in homes that they can't sell or refinance," Gerdano said. ...
  2008-01-23 08:44:04

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