Mortgage and Financial News From 2008-1-24 Page 41

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  • 5 experts reveal money-saving secrets (MSNBC)

    Looking for ways to stretch your dollars? Here, a panel of experts give tips on how to save cash when it comes to eating, heating your home, filling up the gas tank, entertaining your family, and more.
    2008-01-24 02:23:40

  • Old Republic Reports Fourth Quarter and Full Year 2007 Financial ...

    MSN MoneyCentral - Mortgage Guaranty and Title Insurance results can be affected by similar factors and, most particularly, by changes in national and regional housing demand and values, the availability and cost of mortgage loans, employment trends, and default ...
    2008-01-24 05:57:00

  • Stimulus deal struck

    CNN Money - Right now only Freddie and Fannie only purchase mortgage loans up to $417,000. People who need a loan larger than those so-called conforming loans must get what is known as a jumbo loan, which is more expensive and has become tougher to come by since ...
    2008-01-24 11:54:00

  • Lehman Cuts 140 Traders in Fixed Income, Person Familiar Says

    Bloomberg - Jan. 24 (Bloomberg) -- Lehman Brothers Holdings Inc., the largest underwriter of mortgage-backed bonds, is letting go 140 traders involved in home loans and securities based on them, according to a person familiar with the matter. The cuts represent ...
    2008-01-24 11:19:00

  • Poland's mortgage loans jump by 50 pct to 117 bln zlotys in 2007

    FXStreet.com - WARSAW (Thomson Financial) - The value of mortgage loans in Poland rose 50 pct to 117 bln zlotys last year as a booming economy spurred many Poles to buy their first homes, state news agency PAP reported today citing data from the central bank ...
    2008-01-24 04:59:00

  • Mortgage Rates Near Four-Year Low

    Street.Com - Banks, wary of keeping risky loans on their books, are reluctant to refinance subprime or jumbo loans. The falling mortgage rates came on news of further weakness in the housing market: Housing starts fell almost 25% from 2006 levels, the largest ...
    2008-01-24 09:46:00

  • Stir over inflation figures

    News.com.au - A structure that applied Triple-A ratings to mortgage loans to unemployed people with no assets on overvalued property. A structure that applied Triple-A ratings to companies and local governments that should have been borrowing as, true, still ...
    2008-01-24 12:37:00

  • City National Corp. Reports 2007 Net Income of $222.7 Million, or $4 ...

    MSN MoneyCentral - ... loans together were up 10 percent from 2006, while average single-family residential mortgage lending to City National's private banking clients rose 9 percent. (City National does not make subprime or option adjustable rate mortgage loans.) Average ...
    2008-01-24 01:20:00

  • Madrid looks at boosting mortgage securities

    Financial Times - Mr González delivered a withering attack on the US financial system, saying American banks and mortgage brokers had acted “immorally” by pushing loans to clients who could not afford them. If US banks had stuck to three principles: to obey the ...
    2008-01-24 09:17:00

  • Mortgage rates fall to four-year low

    Chicago Tribune - Homeowners will face more hurdles this time around in obtaining the loans, said Jay Brinkmann, the vice president of research and economics for the Mortgage Bankers Association in Washington. Mortgage applications in the U.S. jumped to an almost ...
    2008-01-24 01:35:00

  • Alabama National BanCorporation Stockholders Approve Acquisition by ...

    Forbes - Commercial mortgage services, including the origination of permanent commercial real estate mortgage loans for various lenders, are provided by Byars and Company, a division of First American Bank. Brokerage services are provided to customers ...
    2008-01-24 09:53:00

  • U.S. House panel examines bond insurers

    Reuters - The New York State Insurance Department is pressing big banks to put up billions of dollars to support the insurers, which guaranteed principal and interest payments on repackaged subprime mortgage loans and other debt. (Reporting by Kevin Drawbaugh ...
    2008-01-24 11:19:00

  • Proposed mortgage plan could aid markets

    MSN MoneyCentral - To address the mortgage crisis, the package also raises limits on Federal Housing Administration loans, which are insured by the government in event of default, congressional aides said. Groups representing Realtors, bankers and home builders, which ...
    2008-01-24 11:19:00

  • Fixed mortgage rates fall to lowest since '04

    CNN Money - Fixed mortgage rates fall to lowest since '04 Rates on home loans drop after Fed makes emergency cut to fed funds rate, Freddie Mac says.
    2008-01-24 08:34:00

  • Fitch Ratings Affirms 14 Classes from Banc of America Funding Corp ...

    Forbes - BAFC, a special purpose corporation, purchased the mortgage loans from various sellers and deposited the loans into the trust. The underlying collateral in this transaction consists of adjustable-rate, fully amortizing mortgage loans secured by first ...
    2008-01-24 11:54:00

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