Mortgage and Financial News From 2008-1-30 Page 22

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  • Pulte Homes 4Q Loss Widens Amid Slowdown - The Associated Press

    Pulte Homes 4Q Loss Widens Amid SlowdownThe Associated Press - 1 hour ago"Better affordability, driven by lower home prices and mortgage rates, will likely help spur sales activity in coming months," Oppenheim wrote. ...
    2008-01-30 04:30:45

  • Follow the new market leaders - MSN Money

    Follow the new market leadersMSN Money - 50 minutes agoThe subprime-mortgage crisis has so far resulted in $100 billion of losses. While this is a lot of money to any of us, it is a pretty small part of the $14 ...
    2008-01-30 05:04:49

  • The Good and Bad of the Fed Rate Cut - Associated Content

    The Good and Bad of the Fed Rate CutAssociated Content, CO - 44 minutes agoSpend some time there and do the research on refinance, mortgage, home equity, savings, and checking rates. The website also features the breaking news of ...
    2008-01-30 05:11:39

  • Post-Rate Cut Surge Quashed - CNNMoney.com

    Post-Rate Cut Surge QuashedCNNMoney.com - 42 minutes agoOther big winners for the day included Bankrate RATE , which jumped 2.61 to 53.33. The mortgage and credit information information provider has climbed in ...
    2008-01-30 05:13:26

  • Fed Cuts Rates By A Half-Point - CNNMoney.com

    Fed Cuts Rates By A Half-PointCNNMoney.com - 42 minutes agoQ4 consumer spending grew at a 2% annual rate. That's OK, but other data show spending slowed sharply as Q4 ended. Home building dived at a faster pace, ...
    2008-01-30 05:13:26

  • Interest rates slashed again as US growth slumps (Roundup) - Monsters and Critics.com

    Interest rates slashed again as US growth slumps (Roundup)Monsters and Critics.com - 31 minutes agoThe interest rate cut is the latest step to halt plummeting growth and counteract the affects of the broadening subprime mortgage crisis that has eroded US ...
    2008-01-30 05:24:21

  • California Foreclosure Bill Fails - The Associated Press

    California Foreclosure Bill FailsThe Associated Press - 24 minutes agoParallel legislation introduced last week in the state Assembly would mandate that people who want to buy a home can actually afford the mortgage, ...
    2008-01-30 05:31:03

  • Fed stays aggressive - Moneyweb

    Fed stays aggressiveMoneyweb, South Africa - 7 minutes agoMortgage rates have dropped in the past month, and that has enabled many borrowers with adjustable-rate mortgages either to refinance into fixed-rate ...
    2008-01-30 05:48:30

  • California foreclosure bill fails - News & Observer

    California foreclosure bill failsNews & Observer, NC - 5 minutes agoParallel legislation introduced last week in the state Assembly would mandate that people who want to buy a home can actually afford the mortgage, ...
    2008-01-30 05:50:11

  • Fimalac Q1 sales down 15.5 pct; sees Fitch FY sales down 10-15 pct ...

    Forbes - ... Fimalac said first-quarter sales were 170.5 mln eur, down 15.5 pct from 201.7 mln a year earlier, as greater credit market volatility led to a slowdown in issuance activity at Fitch Ratings, mainly in structured finance areas of US mortgage loans and ...
    2008-01-30 09:53:00

  • Flagstar Bancorp says may suspend dividend

    Reuters - In a conference call, the bank holding company said until a more clearer picture on the credit front emerges, it will only originate mortgage loans that can be sold to the government-sponsored enterprises or FHA. (Reporting by Avishek Mishra in ...
    2008-01-30 09:24:00

  • StanCorp Financial Group, Inc. Reports Fourth Quarter and Full Year ...

    Forbes - Assets under administration for the Asset Management segment, which includes retirement plans, individual annuities and outside managed commercial mortgage loans, increased $3.35 billion or 17.6% to $22.37 billion at December 31, 2007, compared to ...
    2008-01-30 01:06:00

  • Fitch Affirms 1 Class From Washington Federal Savings & Loan ...

    Forbes - The underlying collateral for this transaction consists of conventional, fully amortizing 30-year fixed-rate mortgage loans secured by first liens on one- to four-family residential properties. The affirmation reflects a satisfactory credit ...
    2008-01-30 06:47:00

  • U.S. Stock-Index Futures Drop as S&P Lowers Mortgage Securities

    Bloomberg - ... securities firms have reported $133 billion in writedowns and credit losses since the third quarter, including reserves set aside for bad loans, according to data compiled by Bloomberg. S&P downgraded $50.1 billion of subprime-mortgage ...
    2008-01-30 03:58:00

  • REFILE-Immigrants hit hard by US slowdown, subprime crisis

    Forbes - And almost half of the mortgage loans in the hands of Hispanics are subprime, making them especially vulnerable to the housing downturn. "Economic conditions are deteriorating and many immigrants now can't work those extra hours or find that second ...
    2008-01-30 01:13:00

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