Mortgage and Financial News From 2008-1-30 Page 37

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  • S&P Lowers or May Cut $534 Billion of Subprime Debt (Update1) - Bloomberg

    S&P Lowers or May Cut $534 Billion of Subprime Debt (Update1)Bloomberg - 6 minutes ago... Poor's said it cut or may reduce ratings of $534 billion of subprime-mortgage securities and collateralized debt obligations as default rates rise. ...
    2008-01-30 02:19:35

  • margin call crisis sparks stock rout - NEWS.com.au

    margin call crisis sparks stock routNEWS.com.au, Australia - 6 minutes agoThe Australian stock market has been caught up in the global financial meltdown emanating from the sub-prime, or low-quality, mortgage market in the US. ...
    2008-01-30 02:19:39

  • This and that.... - Seattle Post Intelligencer

    This and that....Seattle Post Intelligencer - 6 minutes ago... Mac who bundle mortgage loans as investments. The Fed announced today that it cut two key short-term interest rates today by half a percentage point. ...
    2008-01-30 02:19:58

  • Fed Cuts Rates, Again - Builder Magazine

    Fed Cuts Rates, AgainBuilder Magazine, DC - 6 minutes agoCutting lending rates has translated into lower interest rates, Weller says, and could help ease stress in the mortgage market. However, there are a number ...
    2008-01-30 02:20:00

  • Reporter: Gordon Boyd - WVLT

    Reporter: Gordon BoydWVLT, TN - 3 minutes agoGarrison says a foreclosure auction could get you a home simply by paying off the old mortgage. But, because so many of those bad loans came with no, ...
    2008-01-30 02:23:15

  • Legacy Bancorp, Inc. Reports Results for Quarter Ended December 31, 2007 (wallstreet:online AG)

    Legacy Bancorp, Inc. (the "Company" or "Legacy") (NASDAQ: LEGC), the holding company
    2008-01-30 02:08:09

  • Fed slashes US rates to blunt economic slowdown (Straits Times)

    WASHINGTON - THE Federal Reserve cut United States interest rates by a hefty half-percentage point as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch.
    2008-01-30 02:08:56

  • Federal Reserve slashes US interest rates (Channel 4)

    The Federal Reserve has cut interest rates again, in one of the most abrupt rate-cutting sprees in the modern history of the US central bank. Rates have been slashed by half a percentage point to 3 per cent - the lowest since June 2005 - as part of an effort to halt a sharp slowdown in the economy.
    2008-01-30 02:09:21

  • Wednesday January 30, 2008 (R News)

    • Corning 4Q Earnings Profitable Corning Inc. beat Wall Street analysts’ estimates with its fourth quarter earnings report. • Tops Welcomes New Board Member A Gregory Josefowicz is the newest member of the board at Tops Markets.
    2008-01-30 02:13:34

  • (AFX UK Focus) 2008-01-30 21:48 GMT: Fed cuts interest rates by 1/2 point (Interactive Investor)

    WASHINGTON (AP) - 0130dv--fed--cut
    2008-01-30 02:17:34

  • Mortgage meltdown in East TN (WVLT-TV Knoxville)

    Tennessee is feeling more of the burn from the mortgage meltdown.
    2008-01-30 02:20:02

  • S&P Lowers or May Cut $534 Billion of Subprime Debt (Update1) (Bloomberg.com)

    Jan. 30 (Bloomberg) -- Standard & Poor's said it cut or may reduce ratings of $534 billion of subprime-mortgage securities and collateralized debt obligations as default rates rise.
    2008-01-30 02:20:58

  • Fed cuts rates boldly; Investors wary (News 14 Carolina)

    WASHINGTON -- 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 02:21:14

  • Ind. Opens Local Investment Pool (AP via Yahoo! Finance)

    Local governments and schools could earn more interest and avoid fees if they pool their money into a state-run fund rather than use traditional banks, officials said Tuesday as Indiana launched its investment pool.
    2008-01-30 02:23:57

  • New role planned for outgoing Wayne State president (Detroit Free Press)

    Wayne State University's President Irvin Reid might be stepping down from his post, but he's sticking around the campus.
    2008-01-30 02:25:27

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