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

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  • Financing microfinance for impact - Business Day

    Financing microfinance for impactBusiness Day, Nigeria - 45 minutes ago... three conferences on microfinance in recent times focused on how microfinance banks and institutions could mobilise funds to refinance their portfolios. ...
    2008-01-30 03:34:53

  • Genesis Lease's business is just beginning to take off - BloggingStocks

    Genesis Lease's business is just beginning to take offBloggingStocks - 45 minutes agoRising capital costs would hurt GLS' results, as would an inability to refinance debt (no small consideration in today's unpredictable credit markets). ...
    2008-01-30 03:35:44

  • Senate panel approves economy plan - CNNMoney.com

    Senate panel approves economy planCNNMoney.com - 43 minutes agoIt would also provide temporary tax breaks for businesses and contains two measures aimed at helping homeowners get or refinance mortgages. ...
    2008-01-30 03:37:05

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

    S&P Lowers or May Cut $534 Billion of Subprime Debt (Update3)Bloomberg - 31 minutes ago... 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 03:49:36

  • Economic Aid Plans At-A-Glance - The Associated Press

    Economic Aid Plans At-A-GlanceThe Associated Press - 19 minutes agoHOUSING RESCUE House: Allow more subprime mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration ...
    2008-01-30 04:01:24

  • Fed Cuts Key Interest Rate By Half Point - WCCO

    Fed Cuts Key Interest Rate By Half PointWCCO, MN - 10 minutes agoLenders say the rush to refinance is on. But low rates have not kept home sales or prices from sliding. "The housing market's still looking for a bottom and ...
    2008-01-30 04:10:22

  • Senate on stimulus (CNNMoney.com via Yahoo! Finance)

    The Senate Finance Committee on Wednesday approved a proposal intended to curb a further slowdown in the economy.
    2008-01-30 03:36:00

  • BASIS POINT-Australian loan market set to grow in 2008 (Reuters Finance News, Australia via Yahoo!7 Finance)

    MELBOURNE, Jan 31 (Reuters Basis Point) - Australia's US$110 billion loan market is set to benefit this year from the crunch in global credit markets, as more corporate borrowers are forced into loans with bond markets largely shut to all but top investment grade issuers.
    2008-01-30 03:45:35

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

    Jan. 30 (Bloomberg) -- Standard & Poor's said it cut or may reduce ratings on $534 billion of subprime-mortgage securities and collateralized debt obligations, the most sweeping action in response to rising since home-loan defaults.
    2008-01-30 04:05:59

  • Fed Cuts Key Interest Rate By Half Point (WCBS-TV New York)

    The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting interest rates ever deeper in an effort to avert or at least soften the blow of a recession.
    2008-01-30 04:08:23

  • Economic aid plans at-a-glance (The San Luis Obispo Tribune)

    Key elements of rival House and Senate economic stimulus bills: TAX REBATES House: At least $300 to almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes, as long as they earned at least $3,000 in 2007. People paying income taxes could receive higher rebates of up to $600 per individual and $1,200 for couples. Families with children would ...
    2008-01-30 04:09:45

  • Economic aid plans at-a-glance (Minneapolis-St. Paul Star Tribune)

    House: At least $300 to almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes, as long as they earned at least $3,000 in 2007. People paying income taxes could receive higher rebates of up to $600 per individual and $1,200 for couples.
    2008-01-30 04:11:17

  • Economic aid plans at-a-glance (Centre Daily Times)

    Key elements of rival House and Senate economic stimulus bills:
    2008-01-30 04:15:01

  • The Fed and You: Don't Wait to Refinance (WallStreet Journal via Yahoo! Finance)

    Why mortgage rates aren't likely to go lower.
    2008-01-30 04:18:31

  • Lower Fed rate could help ARMs, subprime mortgages (Philly.com)

    The Federal Reserve's decision to lower its benchmark federal funds rate by one-half of a percentage point, to 3 percent, could have a positive effect on subprime and adjustable-rate mortgages, economists said today.
    2008-01-30 04:19:17

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