Mortgage and Financial News From 2007-10-19 Page 7

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  • Stronger dollar on weak U.S. data

    News.com.au - THE dollar opened stronger today, above US89 cents, after US housing starts fell to their lowest level since July 1993, sparking demand for higher interest rate currencies. But heightened worries about the US sub-prime mortgage market are tipped to ...
    2007-10-17 06:48:00

  • SA mourns Dube but unites ahead of the RWC final

    Talk Radio 702 - Former Pakistani Prime Minister Benazir Bhutto was the target of the bombings. She says she will carry on her struggle for democracy, and never surrender to militants. Back to headlines Cricket SA monitors security in Pakistan 19/10/2007 16:41:46 Cricket ...
    2007-10-19 09:35:00

  • Wilmington Trust Announces Third Quarter Earnings

    MSN MoneyCentral - ... 94% 93% ----- Commercial loans tied to a prime rate ... One is the market interest rate environment and its impact on our net interest margin. We are slightly asset ...
    2007-10-19 04:48:00

  • Bonds Rise on Fed Rate Cut Bets

    CNBC - U.S. interest rate futures now show a roughly 70 percent perceived chance of the Fed cutting its fed funds target rate by 25 ... Turbulence continues as rumors and noise circulate from the sub-prime, ABX and SIV worlds. The big fear is the latest ...
    2007-10-19 05:31:00

  • Monarch Financial Announces Strong Loan Growth and Third Quarter ...

    Forbes - Our goal is to build a premier mortgage company that fully complements our banking segment and interest rate risk profile. Monarch Mortgage is focused on the retail A-paper mortgage market and does not participate in the sub-prime mortgage market ...
    2007-10-19 01:31:00

  • Buying time on interest rates

    News.com.au - ... term direction of interest rates as a series of domestic and foreign events show the underlying impact the sub-prime ... Macquarie Bank interest rate strategist Rory Robertson said this week's $34 billion tax cuts announced by the government for 2008 ...
    2007-10-19 07:26:00

  • Integra Bank Corporation Announces Changes to Corporate Governance ...

    MSN MoneyCentral - EVANSVILLE, Ind., Oct. 19, 2007 (PRIME NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) announced today that its Board ... national or in the markets in which Integra does business, are less favorable than expected; (2) changes in the interest rate ...
    2007-10-19 01:38:00

  • S&P downgrades ratings on 1,413 classes of subprime-backed securities ...

    PR Inside - S&P projects housing prices will have tumbled more than 11 percent from their crest by the time the market recovers next year. Most of the loans backing these bonds are subject to hikes in interest-rate payments. Many subprime borrowers took out ...
    2007-10-19 01:31:00

  • Dow suffers a 370-point dive on unhappy anniversary

    AZCentral.com - ... than 1,400 types of securities, added to investors unease about credit quality. Concerns about securities led some investors to speculate about whether the Federal Open Market Committee, which next meets on Oct. 30, would cut the prime interest rate.
    2007-10-19 02:14:00

  • PM's interest rate gaffe 'unforgivable' (Daily Telegraph)

    EVERYBODY makes mistakes, says Labor treasury spokesman Wayne Swan, but he says Prime Minister John Howard's interest rate gaffe is unforgivable.
    2007-10-15 05:38:00

  • Credit crunch hits personal loans as banks tailor rate rises (The Herald)

    The cost of personal loans has increased sharply following interest rate rises with many customers now being denied standard advertised rates. Banks and building societies have been using "personal pricing" with higher-risk customers paying more interest.
    2007-10-19 12:18:04

  • Forest City closes on big loan for NY Times Bldg.

    Crain's Cleveland Business - Forest City Enterprises Inc. (NYSE: FCEA, FCEB) said its New York-based subsidiary, Forest City Ratner Cos., has closed on a $640 million loan with HSH Nordbank AG to refinance the 1.5-million-square-foot New York Times Building. Forest City said the ...
    2007-10-19 11:15:00

  • Protect naive borrowers from predatory lenders

    Grand Rapids Press - In addition, President Bush is authorizing the Federal Housing Administration to make it easier for some 80,000 homeowners with poor credit, escalating mortgage interest payments and houses worth less than the amount owed on them, to refinance. We ...
    2007-10-19 11:22:00

  • Chauncey Bailey Project: Bey IV claims rivals set him up

    Inside Bay Area - The bakery had failed to file reports, pay fees or refinance or sell its property, and a judge in July had ordered that the voluntary Chapter 11 reorganization bankruptcy protection the bakery had sought in October 2006 be converted into involuntary ...
    2007-10-19 01:02:00

  • Fitch Rates Pinellas County Educ Facils Auth (Florida) 2007 Barry ...

    Forbes - Bond proceeds will be used to complete the construction of a building for the Institute of Community Health & Minority Medicine and to refinance debt which was used construct a new dormitory by Barry University. Fitch's rating definitions and the ...
    2007-10-19 01:02:00

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