Mortgage and Financial News From 2008-1-23 Page 15

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  • How to survive a downturn

    MSNBC - If you are thinking of buying a new home or refinancing a mortgage, consider waiting two or three weeks to see what mortgage rates do. There’s not much risk they’ll go up significantly, and there’s some chance they’ll drift down. Some ...
    2008-01-23 03:09:00

  • Home loan applications jump as rates fall

    Reuters - NEW YORK (Reuters) - Applications for home mortgages jumped for a third consecutive week as plunging interest rates encouraged more homeowners to seek refinancings, an industry group said on Wednesday. The Mortgage Bankers Association said its ...
    2008-01-23 09:18:00

  • Fourth-Quarter Profit Falls on Borrowers' Defaults and Delinquencies - Washington Post

    Fourth-Quarter Profit Falls on Borrowers' Defaults and DelinquenciesWashington Post, United States - 42 minutes agoCapital One has been closely watched for clues to how the troubles in the mortgage industry would spread to other kinds of lending. ...
    2008-01-23 07:39:58

  • National and Greens say Govt should help RB curb inflation - New Zealand Herald

    National and Greens say Govt should help RB curb inflationNew Zealand Herald, New Zealand - 38 minutes ago"Home owners now face the double jeopardy situation of high interest and mortgage repayments, overlaid on a cooling property market," he said. ...
    2008-01-23 07:43:43

  • Fitch Downgrades Standard Pacific's IDR to 'B+'; Outlook Remains ... - PR-Inside.com (Pressemitteilung)

    Fitch Downgrades Standard Pacific's IDR to 'B+'; Outlook Remains ...PR-Inside.com (Pressemitteilung), Austria - 32 minutes ago... Pacific reflects the challenging outlook for housing during 2008 (largely due to disruptions and tightening of standards in the mortgage market). ...
    2008-01-23 07:50:08

  • Sen. Boxer Has Plan to Address Mortgage Crisis - KCBS

    Sen. Boxer Has Plan to Address Mortgage CrisisKCBS, CA - 30 minutes agoBoxer's report concludes with a 15 point agenda of steps she will pursue, including initiate congressional action to freeze interest rates.
    2008-01-23 07:52:25

  • Hong Kong shares firmer in erratic trade after China data ... - CNNMoney.com

    Hong Kong shares firmer in erratic trade after China data ...CNNMoney.com - 26 minutes agoProperty agency Midland Holdings (OOTC:MLNHF) rose 0.48 hkd or 3.9 pct to 12.78, extending yesterday's 18.46 pct gain on hopes that lower mortgage rates ...
    2008-01-23 07:56:18

  • Gold & the Fed's Crystal-Meth Hit - Gold Seek

    Gold & the Fed's Crystal-Meth HitGold Seek - 24 minutes agoBut like the Fed chairman then explained to the good folk of Women in Housing, "as subprime mortgage losses rose to levels that threatened even highly-rated ...
    2008-01-23 07:57:46

  • Lawmakers still trying, although specific help for homeowners in ... - WBOC TV 16

    Lawmakers still trying, although specific help for homeowners in ...WBOC TV 16, MD - 24 minutes agoThe companies are recovering from accounting scandals of a few years ago and recently reported steep losses on mortgage-related investments.
    2008-01-23 07:58:01

  • Second Life runs into some banking trouble - National Post

    Second Life runs into some banking troubleNational Post, Canada - 21 minutes agoReacting to complaints that virtual banks did not deliver on promises of eye-popping interest rates, the popular Web site's operator, Linden Lab, ...
    2008-01-23 08:01:35

  • For Sale: Martinez Home With A Price That Gets Sweeter As Time Goes By - NBC Augusta

    For Sale: Martinez Home With A Price That Gets Sweeter As Time Goes ByNBC Augusta, South Carolina - 19 minutes ago"Mortgage lenders lower the interest rates and real estate companies get a little more creative about how they sell property," said Jim Bible, ...
    2008-01-23 08:03:00

  • Experts give thumbs up to Fed move! - Moneycontrol.com

    Experts give thumbs up to Fed move!Moneycontrol.com, India - 17 minutes ago... 1% fed funds can do the trick in terns of turning the economy down; what the Fed needs to do is bring the 30 year-mortgage rate down to 4-5 to 4%. ...
    2008-01-23 08:04:43

  • Australian investment strategists advise investors not to panic - Thomson FX Hub

    Australian investment strategists advise investors not to panicThomson FX Hub, MA - 13 minutes ago'Hold your portfolio but don't go back into the market at this point - work on your mortgage, work on your credit card - there's plenty of other things to ...
    2008-01-23 08:08:49

  • Fair Isaac Introduces Tools for Lenders to Improve Forward-Looking ... - Compliance Home

    Fair Isaac Introduces Tools for Lenders to Improve Forward-Looking ...Compliance Home, IA - 11 minutes agoApplication of this technology for use by mortgage lenders is also being explored for predicting outcomes, such as which borrowers with adjustable rate home ...
    2008-01-23 08:10:44

  • Fed rate cut 'may fuel asset bubble' - Business Report

    Fed rate cut 'may fuel asset bubble'Business Report, South Africa - 7 minutes agoBernard Baumohl, managing director of The Economic Outlook Group, said: "What began as a contained subprime mortgage problem in the US has blown up into a ...
    2008-01-23 08:14:47

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