Mortgage and Financial News From 2008-1-30 Page 35

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  • UBS, BNP Paribas reveal fresh hits from credit crisis (Market Watch)

    LONDON (MarketWatch) -- Two of Europe's largest banks revealed fresh problems stemming from the U.S. housing downturn Wednesday. Swiss banking giant UBS extended its latest write-down to $14 billion and France's BNP Paribas said its quarterly profit would slump over 40%. See full story.
    2008-01-30 05:40:39

  • House passes $146B economic recovery package (Daily Courier)

    The House, seizing a rare moment of bipartisanship to respond to the economy's slump, overwhelmingly passed a $146 billion aid package Tuesday that would speed rebates of $600-$1,200 to most taxpayers.
    2008-01-30 07:15:46

  • Islanders move fast on low loan rates (Island Packet)

    The Federal Reserve’s announcement last week to cut a key interest rate by three-fourths of a percentage point triggered a nationwide rush for refinancing, including on Hilton Head Island.
    2008-01-30 09:57:44

  • Mortgage applications rise despite higher rates (Providence Business News)

    WASHINGTON – Mortgage applications nationwide rose last week as more homeowners tried to refinance, the Mortgage Bankers Association reported today.
    2008-01-30 10:04:04

  • Low.com Launches New Warm Transfer Lead Program (Business Wire via Yahoo! Finance)

    LOS ANGELES----Low.com, a leading consumer financial services portal, announced today that it has launched its new Warm Transfers program for mortgage lenders who want immediate contact with consumers looking for refinance, purchase or home equity loans.
    2008-01-30 10:30:00

  • Low.com Launches New Warm Transfer Lead Program (wallstreet:online AG)

    Low.com, a leading consumer financial services portal, announced today that it has launched its new
    2008-01-30 10:35:28

  • Low.com Launches New Warm Transfer Lead Program (Centre Daily Times)

    Low.com, a leading consumer financial services portal, announced today that it has launched its new Warm Transfers program for mortgage lenders who want immediate contact with consumers looking for refinance, purchase or home equity loans. These exclusive, phone-verified mortgage leads guarantee lenders' immediate access to interested consumers.
    2008-01-30 10:51:59

  • U.S. Stocks Gain After Fed Cuts Benchmark Rate By Half Point

    Bloomberg - European and Asian markets declined earlier after UBS AG and BNP Paribas reported mortgage-related losses. Stocks ... Advance After Fed Cuts Rates for Second Time in Nine Days U.S. Economy Grew at 0.6% Pace in Fourth Quarter, Dragged ...
    2008-01-30 12:16:00

  • Treasurys drop as Fed cuts rates again

    MSN MoneyCentral - The Fed has reduced rates by 2.25 percentage points since September when financial markets began seizing up in response to the subprime mortgage crisis. © 2008 The Associated Press. All rights reserved. This material may not be published, broadcast ...
    2008-01-30 11:40:00

  • Fed Expected to Cut Rates Another Half Point, to 3%

    CNBC - What Will Fed Do? Private Sector Likely Added 130,000 Jobs in January  US Mortgage Applications Near 4-Year High: MBA Economy Giving Mixed Signals Cramer: Keep Cutting Rates  ... The government reported earlier this month that the economy added a sparse ...
    2008-01-30 10:14:00

  • Mortgage rates lower, but good in area

    Daily News - Homeowners who have mortgages might want to contact their banker and consider refinancing. According to a national survey by Bankrate.com , the overnight average for a 30 year fixed-mortgage rate on Jan. 29 was 5.45 percent. "Those rates are all over ...
    2008-01-30 06:54:00

  • BofA, Wachovia lower prime rate

    Sacramento Business Journal - BOA, SunTrust lower prime rate [Memphis] Wachovia, BofA drop prime lending rates [Atlanta] Green initiatives making only small dent [East Bay] Mortgage rates plummet to 4 year low [Washington, D.C.] BofA, Wachovia lower prime lending rate [Sacramento ...
    2008-01-30 12:23:00

  • Gold Rises to Record After Fed Cuts Rates, Sending Dollar Lower

    Bloomberg - ... reduction, gold had gained 28 percent since Sept. 18, when the Fed began cutting borrowing costs because a housing slump and mounting losses in the subprime- mortgage market threatened to push the U.S. economy into a recession. The Fed had held rates ...
    2008-01-30 12:52:00

  • Will higher rates stop you using your credit card?

    New Zealand Herald - It's different to mortgage rates which are accrued daily - if a credit card is used sensibly then it doesn't matter what the interest rate is as no interest will ever be charged! MisterB (Papatoetoe) No problem if you are disciplined in spending habits ...
    2008-01-30 01:35:00

  • Fitch Rates Wells Fargo P-T Ctfs $1.54B Series 2008-1

    Forbes - Wells Fargo mortgage pass-through certificates, series 2008-1, are rated by Fitch Ratings as follows: Group I: --$728,860,351 classes I-A-1 through I-A-3, I-A-R and I-A-PO 'AAA' (senior certificates); --$17,490,000 class I-B-1 'AA'; --$4,943,000 ...
    2008-01-30 11:40:00

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