Mortgage and Financial News From 2008-7-11 Page 8
Previous Day: 2008-07-10
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14
-
Mortgage Giants Face Pressure Over Capital - Wall Street Journal
Even as federal officials sought to reassure investors about the financial health of Fannie Mae and Freddie Mac , pressure mounted on the giant mortgage companies to raise fresh capital to offset the tumbling values of home loans they hold. Reuters A ...
2008-07-11 06:57:00 -
Massive Debt Fueling What Looks Like a Long Recession - CNBC
This week's problems at Fannie Mae and Freddie Mac are more evidence of a painful fact for the economy: the extent to which mortgage-related debt is exacerbating the current slide, and how it will prolong what more and more analysts are calling a ...
2008-07-11 10:46:00 -
Calm down - behind the Fannie and Freddie panic - CNN Money
NEW YORK (CNNMoney.com) -- Fannie Mae and Freddie Mac may need to get bailed out, and there's no question there will plenty of pain to follow. The nation's balance sheet would take a sizeable hit and you can count on higher interest rates. But make ...
2008-07-11 11:00:00 -
Policy-makers battle high inflation (Reuters via Yahoo! UK & Ireland News)
The global economy is teetering between "the ice of recession and the fire of inflation" as policy-makers struggle to battle rising prices without choking off growth, data and comments from officials around the world showed on Friday.
2008-07-11 12:08:00 -
The Inside Scoop (CBS News)
Get The Inside Scoop on what's happening at CBS News .
2008-07-11 12:12:18 -
The Biggest Transfer of Wealth in History (GoldSeek.com)
*** The croaking of nostalgic old frogs…we have a small favor to ask of you…and more!
2008-07-11 12:20:02 -
Ambac Insures $264 Million Military Housing Transaction for AMC West Housing, LP (Centre Daily Times)
Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced that it has partnered with the United States Air Force, Balfour Beatty Construction Co., as developer, and Capmark Finance, as lender, to finance the $264 million Air Mobility Command (AMC) West military housing transaction. The transaction involves the privatization of over 3,500 existing single-family and townhouse-style housing ...
2008-07-11 12:20:33 -
News 88.9 (News 88.9)
SAINT JOHN, NB - A mortgage specialist says the 40 year mortgage has gotten a bad wrap. The federal government is axing the 40 year option. It's a precautionary measure to avoid a possible housing crisis similar to our neighbours south of the border.
2008-07-11 12:21:34 -
Harney: Oversight overdue in mortgage industry - Modesto Bee
Books ATV crash in a rural area kills Modesto teenager Pismo Beach company offers $25M for Diablo Grande; other might bid as well More charges in teen's abduction, bail is increased to $1.3M Modesto woman, 91, dies from heat stroke Police shoot, kill ...
2008-07-11 06:35:00 -
Fatal attack at traffic circle - Seattle Times
When city road crews built the traffic circle only steps from his upper Rainier Beach cottage nearly three years ago, the dirt and concrete barrier represented a victory for James Paroline. The retired mortgage broker had endured years of traffic ...
2008-07-11 08:01:00 -
Edmonton Mortgage Broker Named to CMP's 'Top 50 Brokers in Canada' - PR Inside
2008-07-11 14:05:02 - First Foundation Residential Mortgages is pleased to announce that Gordon McCallum, an Edmonton Mortgage Broker and owner of the company, has been named to Canadian Mortgage Professional Magazine's list of the Top 50 Mortgage ...
2008-07-11 05:02:00 -
Feds leave prints all over loan oversight - Chicago Tribune
WASHINGTON—Should your mortgage loan officer have fingerprints on file in a national electronic database? Should you be able to go to a Web site to check your lender or mortgage broker's professional file, including employment history and ...
2008-07-11 08:22:00 -
Countrywide takeover will pay off, BofA's CEO says - Los Angeles Times
Bank of America Chief Executive Ken Lewis defended his takeover of Countrywide Financial Corp., saying Wednesday that the Calabasas lender "kind of went into a shell and didn't say much about what they were doing right" when the mortgage business hit ...
2008-07-10 07:48:00 -
Survey: Govt bond dealers see no Fed hike but yields rising (Market Watch)
NEW YORK (MarketWatch) - The good news for bond investors this year is that the biggest debt-trading firms -- allowed to deal directly with the Treasury Department -- say the Federal Reserve will keep benchmark interest rates steady for the remainder of the year. The bad news: bond yields will go up anyways.
2008-07-11 09:10:29 -
(AFX UK Focus) 2008-07-11 17:22 Paris shares close sharply down on oil price, Credit Agricole rumours UPDATE (Interactive Investor)
(Updates with full report)
2008-07-11 09:46:40