Mortgage and Financial News From 2008-1-24 Page 45

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  • Freddie Mac Monthly Volume Summary: December 2007 - CNNMoney.com

    Freddie Mac Monthly Volume Summary: December 2007CNNMoney.com - 7 hours agoMethodologies employed to calculate interest-rate risk sensitivity disclosures are periodically changed on a prospective basis to reflect improvements in ...
    2008-01-24 05:37:42
  • Moving to a Smaller Home Might Not Save You Money - TheStreet.com

    Moving to a Smaller Home Might Not Save You MoneyTheStreet.com - 59 minutes agoIf you buy your new home before you sell your old one, you could end up paying mortgage costs as well as utilities and maintenance fees on both homes. ...
    2008-01-24 12:00:34
  • Pain relief for mortgage flare-ups (CNN Money)

    Lenders, foreclosure-prevention groups and the government are all working to ease the shock of upcoming subprime adjustable rate mortgage resets. But the recent plunge in interest rates will also help consumers. Even so, it won't be enough to save many at-risk ARM borrowers.
    2008-01-24 02:40:15
  • Freddie Mac Monthly Volume Summary: December 2007 (PR Newswire via Yahoo! Finance)

    The following is being issued by Freddie Mac :
    2008-01-24 05:30:00
  • Central bank warns of tough times but no recession (CTV.ca)

    The Bank of Canada lowered its growth forecast for the Canadian economy on Thursday but indicated that a recession will be avoided.
    2008-01-24 08:05:29
  • Interest rate drop: Some pain relief for ARMs (CNNMoney.com via Yahoo! Finance)

    Lenders, foreclosure-prevention groups and the government are all working to ease the shock of upcoming subprime adjustable rate mortgage resets. But the recent plunge in interest rates will also help consumers.
    2008-01-24 11:18:00
  • Moving to a Smaller Home Might Not Save You Money (TheStreet.com)

    Is it worth making that move? Here are some of the costs.
    2008-01-24 12:20:48
  • Prineville Bancorp Announces Fourth Quarter Earnings Report

    Forbes - John Hajovsky, Executive Vice President and Chief Operating Officer commented, "Our results reflect continued growth in loans and deposits, but our net interest margin has narrowed due to the impact of the decline in prime rate and the lag in re ...
    2008-01-23 02:19:00
  • Fitch Affirms 16 & Downgrades 17 from 5 Chase Prime Transactions

    Forbes - ... aforementioned transactions consist primarily of fixed- and adjustable-rate, conventional, fully amortizing, first lien residential mortgage loans extended to prime ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate ...
    2008-01-23 02:12:00
  • Hong Kong shares end morning higher in choppy trade; banks, properties ...

    Forbes - Local banks were sharply higher after cutting their prime lending rates by 75 basis points and matching the US rate cut. 'Banks rose on hopes of more mortgage business after the latest interest rate cuts, while China banks also did well,' said Chan of ...
    2008-01-23 10:04:00
  • Comerica cuts key interest rate after Federal Reserve decision

    CNBC - NEW YORK - Comerica on Tuesday lowered its prime rate by three-quarters of a percentage point after the Federal Reserve cut its key interest rate. Comerica said its prime rate is now 6.5 percent. The Fed cut the federal funds rate, which is what ...
    2008-01-22 11:43:00
  • NZealand central bank leaves interest rates unchanged - UPDATE

    Forbes - WELLINGTON (Thomson Financial) - New Zealand's central bank left interest rates ... Bank of New Zealand (RBNZ) governor Alan Bollard left the official cash rate on ... Prime Minister Helen Clark said Wednesday that New Zealand is in a stronger ...
    2008-01-23 09:07:00
  • Community Bancorp Announces 30.4% Growth in Net Income for 2007

    Forbes - The decrease in net interest margin was primarily attributable to continued upward pressure and availability of deposits and other funding liabilities during 2007 in a fairly stable prime rate environment. Net interest income before provision for ...
    2008-01-23 09:14:00
  • Brazil maintains prime interest rate amid concerns about inflation, US ...

    International Herald Tribune - RIO DE JANEIRO, Brazil : Brazil's central bank left the country's benchmark lending rate unchanged Wednesday, amid concern over inflation in a warming domestic economy and worries about the U.S. outlook. The bank's monetary policy committee, Copom ...
    2008-01-23 03:09:00
  • Hamas wins in Gaza - WorldNetDaily

    Hamas wins in GazaWorldNetDaily, OR - 1 hour agoPrime Minister Ehud Olmert's government, in no shape to withstand a difficult military operation, decided instead to get creative and cut back fuel supplies ...
    2008-01-24 11:11:31