Mortgage and Financial News From 2008-1-23 Page 4

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• Poll: Czechs willing to live in debt - Prague Daily Monitor

  Poll: Czechs willing to live in debtPrague Daily Monitor, Czech Republic - 7 minutes agoThe fast growth of the mortgage market is an evidence of this. The market grew by almost 50 percent last year, and the largest mortgage banks Ceska ...
  2008-01-23 11:12:22

• Lawmakers still trying, although specific help for homeowners in stimulus plan faces long odds (The Standard-Times)

  WASHINGTON — Democratic lawmakers on Wednesday said they're still trying to get help for struggling homeowners into the economic stimulus package before Congress. The odds, though, don't look good.
  2008-01-23 10:13:42

• Limit to rate cut's reach (Pioneer Press)

  If you're in the market for a new car or a cheap home-equity loan, the Federal Reserve's rate cut on Tuesday might have made your month.
  2008-01-23 10:19:27

• Troubled economy has many worried (Akron Beacon Journal)

  WASHINGTON: With the stock market shaking, the economy softening and prices spiking, it's an unsettling time. Here are some answers to questions consumers face:
  2008-01-23 10:38:19

• Suzuki Expects Sales to Rise 7% on Overseas Demand (Update4) (Bloomberg.com)

  Jan. 24 (Bloomberg) -- Suzuki Motor Corp., Japan's second- largest minicar maker, aims to boost global vehicle sales 7 percent this year because of growing demand in overseas markets including India.
  2008-01-23 10:46:59

• Home sales keep sliding (Winston-Salem Journal)

  Existing-home sales in the Triad continue to fall, according to local housing reports.
  2008-01-23 10:55:32

• Market unrest: Concern, not panic reflected in G.I. (Grand Island Independent)

  [While the stock market and the nation's economy didn't collapse into financial Armageddon Tuesday, Grand Island's stable economy isn't immune to market shocks or talk of recession.
  2008-01-23 11:05:22

• Congress makes tax changes that could curb foreclosures, help homeowners save money (The Clarion-Ledger)

  Changes Congress made to the nation's tax laws could help homeowners facing foreclosure save their home and others to get something back from costly mortgage insurance coverage.
  2008-01-23 11:07:28

• Economists to Utahns: Don't panic (The Salt Lake Tribune)

  Neither the Utah nor the U.S. economies will tank, despite recession and housing market fears, economists for Wells Fargo Bank said Wednesday in a forecast.
  2008-01-23 11:13:33

• Poll: Czechs willing to live in debt (Prague Daily Monitor)

  Prague, Jan 23 (CTK) - Most Czechs are not worried by living on credit, borrowing from banks, a poll conducted by the STEM agency in January has shown.
  2008-01-23 11:15:22

• US: Closure of mortgage business, loan losses, lowers Capital One 4Q ...

  MSN UK News - Capital One Financial Corp.'s fourth-quarter profit fell 42 percent, hurt by rising losses on credit card loans and charges from shutting down its GreenPoint Mortgage business, the credit card company said Wednesday. Capital One said its fourth ...
  2008-01-23 02:12:00

• Closure of mortgage business, loan losses, lowers Capital One 4Q ...

  International Herald Tribune - CHARLOTTE, North Carolina : Capital One Financial Corp.'s fourth-quarter profit fell 42 percent, hurt by rising losses on credit card loans and charges from shutting down its GreenPoint Mortgage business, the credit card company said Wednesday ...
  2008-01-23 02:05:00

• XL Capital Ltd Announces Expected Charges of $1.5 Billion to $1.7 ...

  MSN MoneyCentral - ... greater risk of loss in connection with obligations guaranteed by certain of our insurance company operating affiliates due to recent deterioration in the credit markets stemming from the poor performance of sub-prime residential mortgage loans ...
  2008-01-23 03:52:00

• Fitch Affirms Hudson Advisors' Servicer Ratings

  Forbes - Fitch Ratings has affirmed Hudson Advisors LLC's (Hudson) primary servicer rating of 'CPS3' and its special servicing rating of 'CSS2'. The primary servicer rating is based on Hudson's ability to service commercial mortgage loans, the highly seasoned ...
  2008-01-23 09:33:00

• Fitch Affirms 47 Classes & Places 1 on RWN from 8 CMSI RMBS ...

  Forbes - The collateral of the above transactions primarily consists of conventional, fully amortizing, fixed-rate mortgage loans extended to prime borrowers and secured by first-liens on one- to four-family residential properties. All of the loans were ...
  2008-01-23 02:12:00

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