Mortgage and Financial News From 2008-1-30 Page 29

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• Senate panel approves economy plan

  CNN Money - It would also provide temporary tax breaks for businesses and contains two measures aimed at helping homeowners get or refinance mortgages. Senators weren't shy about coming up with a laundry list of changes to the House-passed package and to a lead ...
  2008-01-30 03:29:00

• Economic aid plans at-a-glance

  Miami Herald - Allow more subprime mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas. Increase the availability of mortgages by providing a ...
  2008-01-30 03:58:00

• CapitaLand May Buy Centro's Wholesale Fund, Australian Says

  Bloomberg - Centro, which said on Dec. 17 that it was unable to refinance A$3.9 billion of debt, opened an Internet data trading room on Jan. 29, the newspaper reported. Centro's Australia Wholesale fund in which CapitaLand is interested owns 25 ...
  2008-01-30 03:58:00

• S&P Lowers or May Cut $534 Billion of Subprime Debt (Update3)

  Bloomberg - S&P's move comes a day after RealtyTrac Inc. said the number of U.S. homeowners entering foreclosure climbed 75 percent in 2007 from a year earlier as mortgages became more difficult to refinance and falling property values made it tougher to sell ...
  2008-01-30 03:58:00

• TEXT-Goodman Group says has A$800 mln refinance deal

  Reuters - SYDNEY, Jan 31 - Goodman has entered into a four year $800 million unsecured banking facility maturing January 2012. Two of Goodman's key Australian relationship banks (National Australia Bank Limited and Australia and New Zealand Banking Group ...
  2008-01-30 02:39:00

• What’s Good for the Economy is Good for the Multifamily Industry ... - Multi-Housing News

  What’s Good for the Economy is Good for the Multifamily Industry ...Multi-Housing News, NY - 2 hours ago... modernize the Federal Housing Administration (FHA) and allow state housing agencies to issue tax-free bonds to help homeowners refinance their mortgages ...
  2008-01-30 02:18:02

• Life savings at risk in MFS fiasco - NEWS.com.au

  Life savings at risk in MFS fiascoNEWS.com.au, Australia - 1 hour ago"I think there's no doubt they can trade out if they can just refinance or sell a few small assets to get rid of that debt,'' he said. ...
  2008-01-30 02:25:59

• Canadian Oil Sands Trust raises its quarterly distribution 36 per ... - Canada NewsWire (press release)

  Canadian Oil Sands Trust raises its quarterly distribution 36 per ...Canada NewsWire (press release), Canada - 1 hour agoWhile there is approximately $150 million of debt maturing in 2008, Canadian Oil Sands' intention is to refinance such debt. ...
  2008-01-30 02:27:30

• Fed. Reserve Cuts Banking Rate To Dodge Recession - CBS 4

  Fed. Reserve Cuts Banking Rate To Dodge RecessionCBS 4, FL - 1 hour agoRefinance rates are very, very reasonable right now," said George Joseph of Dade County Federal Credit Union. Credit card finance charges could soon be ...
  2008-01-30 02:32:50

• TEXT-Goodman Group says has A$800 mln refinance deal - Reuters

  TEXT-Goodman Group says has A$800 mln refinance dealReuters - 1 hour agoSYDNEY, Jan 31 - Goodman has entered into a four year $800 million unsecured banking facility maturing January 2012. Two of Goodman's key Australian ...
  2008-01-30 02:40:39

• Gulf poised for strong growth in bond issues despite credit crunch - GulfNews

  Gulf poised for strong growth in bond issues despite credit crunchGulfNews, United Arab Emirates - 1 hour agoHSBC expects healthy growth in issuance over the coming 12-18 months as companies seek to refinance debt and extend their maturity profiles to finance ...
  2008-01-30 02:51:33

• Rival stimulus plan gains traction - Los Angeles Times

  Rival stimulus plan gains tractionLos Angeles Times, CA - 1 hour ago... increase in the size of mortgages that can be backed by the government, making it easier for homeowners to refinance into more-affordable mortgages. ...
  2008-01-30 03:04:40

• Lower Fed rate could help ARMs, subprime mortgages - Philadelphia Inquirer

  Lower Fed rate could help ARMs, subprime mortgagesPhiladelphia Inquirer, PA - 1 hour ago"I made sure everyone who could refinance did it last week," said Peter Buchsbaum of Arlington Capital Mortgage Corp. in Abington Yet Bethune said long-term ...
  2008-01-30 03:14:08

• Seattle offers loans to prevent foreclosures - Seattle Post Intelligencer

  Seattle offers loans to prevent foreclosuresSeattle Post Intelligencer - 57 minutes agoThe loans would help make borrowers current on their mortgages, making it easier to sell, refinance or work out deals with lenders. ...
  2008-01-30 03:22:48

• The Optimus Group: Emergency Fed Rate Cut Creates Refinance ... - PR-USA.net (press release)

  The Optimus Group: Emergency Fed Rate Cut Creates Refinance ...PR-USA.net (press release), Bulgaria - 46 minutes agoThe Emergency Federal Reserve Rate Cut announced earlier this week has created the best opportunity to refinance corporate obligations including equipment ...
  2008-01-30 03:34:39

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