Mortgage and Financial News From 2007-11-3 Page 3
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Wall St takes world on a white-knuckle ride
Observer - ... plaintive verdict of one frazzled market-watcher this weekend, after the sub-prime ... chairman, soothed investors' frayed nerves with a quarter-point cut in US interest ... cautious wording of the Fed's statement left Wall Street fretting that the rate ...
2007-11-03 05:59:00 -
Fed will have to cut rates again
Daily Telegraph - ... of money in the futures market predicts at least one more US rate cut. This coming Thursday, both the European Central Bank and the Bank of England, will unveil their latest thinking on interest rates. And America's ongoing sub-prime ...
2007-11-03 04:55:00 -
Howard embraces possible rate rise
Australian Broadcasting Corp. - Prime Minister John Howard is trying to prepare voters for a likely interest rate rise this week, saying the Coalition is better prepared to manage the economy through more difficult times. The Reserve Bank board is widely tipped to raise the ...
2007-11-03 05:02:00 -
New credit crisis sparks rate-cut plea
Observer - Businesses are calling on the Bank of England to shield them from the credit crunch with an interest rate cut this Thursday, after a tumultuous week on the financial markets exacerbated fears that the sub-prime mortgage crisis will wreak serious ...
2007-11-03 05:02:00 -
Howard embraces possible rate rise (Australian Broadcasting Corporation)
Prime Minister John Howard is trying to prepare voters for a likely interest rate rise this week, saying the Coalition is better prepared to manage the economy through more difficult times.
2007-11-03 04:44:07 -
Relief measures for homeowners facing foreclosures
13 WHAM - Steep pre-payment penalties have made it difficult for some to get out of their mortgages, and some overstretched homeowners can't afford to refinance or sell their homes. ©2007 Associated Press. All rights reserved. This material may not be ...
2007-11-02 06:26:00 -
The BusinessWeek 50
BusinessWeek - ... Access your remote PCs from any web browser or mobile device. 30-day free trial! (CC Required). Manage & Share Large Files Online-Free Trial Don't struggle with email attachment delivery failures. Try Xythos on Demand today. Free Trial. Refinance ...
2007-11-02 04:24:00 -
New Century: Countrywide suit over bungled loan refinancing could fuel ...
CNBC - As a result, when the borrower asked New Century to refinance his mortgage two years ago, Countrywide underestimated the payoff it should have received. Once the "clerical error" was discovered, Countrywide tried unsuccessfully to sue the borrower to ...
2007-11-02 03:23:00 -
Melrose postpones bond amid turbulent market
Financial Times - However, that claim is looking less convincing, with many companies facing potential default if they cannot refinance maturing debt. Credit spreads have risen sharply in the past two days, raising the cost of borrowing on renewed fears that US ...
2007-11-02 09:35:00 -
Melrose postpones bond amid turbulent market (FT.com via Yahoo! News)
Melrose Resources, the British oil and gas exploration company, has been forced to postpone what would have been the first euro denominated junk grade bond deal since the summer as this week's market turbulence took its toll.
2007-11-02 09:30:22 -
Housing crisis hits Midwest hard (Chicago Tribune)
Foreclosures on the rise amid lagging economy in region The boxes are still stacked in the garage of the three-bedroom ranch on Milwaukee's northwest side, a daily reminder that the sheriff could come knocking again and put Tiffany Pointer and her four children out on the street.
2007-11-03 10:27:56 -
Nor'easter Viewer Pictures (WCVB Boston)
2007-11-03 12:34:49 -
Yough school officials delay bond issue vote (Pittsburgh Tribune-Review)
In light of potential litigation, Yough school directors this week delayed a vote to refinance a 2002 bond they say can save the district $1 million over the next two decades.
2007-11-02 09:25:42 -
Terror's Advocate
Slate - Plus, "Would you like to refinance your mortgage?" does not qualify as a pick-up line. Job: Worker bee at a quaint guitar-repair ... See this slightly outdated " Explainer " for more information. Hook-up factor: Single, unshaven adolescent male seeks ...
2007-10-31 05:56:00 -
Grass Valley Man Accused Of Killing Estranged Wife With Nail Gun (KTVU 2 San Francisco)
GRASS VALLEY -- Nevada County prosecutors say a man fatally shot his estranged wife three times with a nail gun, then turned the gun on himself. Richard Williams of Grass Valley is on trial for the death of Hendrika Williams two years ago.
2007-11-03 03:47:20