Mortgage and Financial News From 2008-1-30 Page 21

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  • COMMENT: For the world, no role on centre stage - New Straits Times

    COMMENT: For the world, no role on centre stageNew Straits Times, Malaysia - 1 hour agoA desire for "change" is a common refrain of the American debate, but it is far from the only one. Renewed interest in foreign policy and the rest of the ...
    2008-01-30 04:51:10
  • Shares on a rollercoaster after US rate cut - Sydney Morning Herald

    Shares on a rollercoaster after US rate cutSydney Morning Herald, Australia - 50 minutes agoThe two largest bond insurers, MBIA and Ambac Financial Group, may each lose $US11.6 billion on guarantees of mortgage-linked debt and other securities, ...
    2008-01-30 05:25:30
  • Live-Blogging the GOP Debate in Fla. - New York Times Blogs

    Live-Blogging the GOP Debate in Fla.New York Times Blogs, NY - 31 minutes agoAnd he pitched those to the audience, at times with a human touch by mentioning homeowners and mortgage worries. Unlike some of those moments when he can ...
    2008-01-30 05:44:32
  • Umpqua Holdings Q4 2007 Earnings Call Transcript - Seeking Alpha

    Umpqua Holdings Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 22 minutes agoWithin non-interest income the largest changes this quarter were in mortgage banking revenue and other income. Mortgage banking revenue increased $650000 ...
    2008-01-30 05:52:51
  • Ron Paul, Is America Really Going Bankrupt? - Nolan Chart LLC

    Ron Paul, Is America Really Going Bankrupt?Nolan Chart LLC, VA - 20 minutes ago... live in a house with an interest only adjustable rate mortgage, and "own" two import SUV's while mom stays at home because it's "best for the kids. ...
    2008-01-30 05:55:33
  • Experts predict more housing and jobs trouble into 2009 - Medill Reports

    Experts predict more housing and jobs trouble into 2009Medill Reports, IL - 14 minutes agoHomeowners aren't the only ones hurting from the growing foreclosures. Jim Ryan, an equity analyst at Morningstar Inc. in Chicago, said the mortgage ...
    2008-01-30 06:01:25
  • Slowdown spreads to mortgage market - Financial Times

    Slowdown spreads to mortgage marketFinancial Times, UK - 5 minutes agoBut the problems for the Bank in setting interest rates were laid bare when a widely followed survey showed the public expected inflation to rise to 3.3 per ...
    2008-01-30 06:10:15
  • Fed's rate cuts may deflate one bubble -- the ARM reset bubble

    Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World ... recession by easing the burden on homeowners heading into another bubble of mortgage ... dollars worth of those loans set to switch from low introductory "teaser" rates ...
    2008-01-30 09:10:00
  • S&P considers downgrading more than $500 billion in downgrades of ...

    Minneapolis Star Tribune - S&P has downgraded or is considering downgrading $270.1 billion in "mortgage-backed securities," or bonds deriving their payments from home loans. ... Fed cuts rates boldly; Wall Street wary Wall Street gives up big gains after Fed cuts ...
    2008-01-30 02:46:00
  • Dollar Falls Against Euro as Fed Cuts by Half-Percentage Point

    Bloomberg - Jan. 30 (Bloomberg) -- The dollar declined after the Federal Reserve cut benchmark lending rates by a half-percentage point ... The collapse of the U.S. subprime mortgage market has led to more than $130 billion of losses and markdowns at securities ...
    2008-01-30 12:37:00
  • Fed Gives The People What They Want

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Federal Reserve announced a half-percentage-point reduction in key interest rates ... prompted by an effort to stave off a recession in the face of the subprime mortgage ...
    2008-01-30 02:25:00
  • Pulte Homes 4Q Loss Widens Amid Slowdown

    San Francisco Gate - Better affordability, driven by lower home prices and mortgage rates, will likely help spur sales activity in coming months," Oppenheim wrote. However, an analyst for The Motley Fool said it could be too early for investors to jump back into housing ...
    2008-01-30 03:58:00
  • U.S. Stocks Decline as Bond-Insurer Concern Outweighs Rate Cut

    Bloomberg - S&P said after the market's close that it lowered or may cut ratings on $534 billion of residential mortgage securities and ... The cumulative reduction in rates since Jan. 22 is the fastest easing of monetary policy since 1990. `Retest ...
    2008-01-30 03:58:00
  • A bumpy road, but state has cushion - Business Gazette

    A bumpy road, but state has cushionBusiness Gazette, MD - 1 hour agoOthers cite more potential mortgage-related losses by Wall Street investment firms, as well as housing and stocks still being fairly expensive, ...
    2008-01-30 04:15:11
  • Florida-Based Homebuilder TOUSA Files for Chapter 11 Bankruptcy ... - BuildingOnline

    Florida-Based Homebuilder TOUSA Files for Chapter 11 Bankruptcy ...BuildingOnline, CA - 1 hour agoUniversal Land Title, Inc., Preferred Home Mortgage Company and Alliance Insurance and Information Services are not included in the filing and will not be ...
    2008-01-30 04:22:02