Mortgage and Financial News From 2007-10-4 Page 14

RSS Feed

Previous Day: 2007-10-03

Return to the mortgage news archive home.

  • Bank of England holds rates at 5.75%

    CNN Money - ... The Bank of England held its benchmark interest rate steady at 5.75 percent Thursday, a widely anticipated decision after weeks of turmoil in global financial markets. Fears over banks' exposure to rising defaults on U.S. subprime mortgage loans have ...
    2007-10-04 04:37:00
  • LTC Declares Its Monthly Common Stock Cash Dividend for the Fourth ...

    Forbes - The Company is a self-administered real estate investment trust that primarily invests in long-term care and other health care related facilities through mortgage loans, facility lease transactions and other investments. For more information on LTC ...
    2007-10-04 06:32:00
  • US factory orders hit 7-month low

    BBC Business - Shrinking demand for such goods coincides with a cooling US housing economy that has been behind the latest credit crunch, as increasing numbers of individuals in the US default on mortgage loans. Overall the latest figures showed the largest ...
    2007-10-04 09:31:00
  • Flagstar Bancorp Announces Quarterly Conference Call

    Forbes - At June 30, 2007, Flagstar operated 156 banking centers in Michigan, Indiana and Georgia and 73 home loan centers in 19 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. For more ...
    2007-10-04 09:24:00
  • Financial Industry Leaders Unveil Innovative Program to Deliver Fixed ...

    Forbes - Enlisting CitiMortgage as the exclusive servicer of R-Home mortgage loans lays the foundation to take the R-Home lending program to scale for nontraditional credit borrowers." R-Home is a unique collaboration between public, private and nonprofit ...
    2007-10-04 08:12:00
  • N.Rock loans from BoE seen near $5.9 billion

    CNBC - LONDON - Stricken British mortgage lender Northern Rock may have borrowed a further 2.9 billion pounds ($5.9 billion) from the Bank of England in the past week, according to Bank of England data. The Bank of England's weekly accounts showed ...
    2007-10-04 08:26:00
  • Nearly Four in 10 Mortgages to Minorities Were Subprime in 2006

    Forbes - Seventeen percent of all mortgage loans to Asians in 2006 were subprime, less than half the national subprime rate for all borrowers (39 percent) and lower than the national subprime rate among whites (18 percent). States experiencing the steepest ...
    2007-10-04 07:36:00
  • N.Rock loans from BoE seen near $5.9 billion (Reuters via Yahoo! News)

    Stricken British mortgage lender Northern Rock may have borrowed a further 2.9 billion pounds ($5.9 billion) from the Bank of England in the past week, according to Bank of England data.
    2007-10-04 08:34:24
  • Mortgage rates ease slightly (CNN Money)

    Mortgage rates fell slightly after three weeks of gains as the initial effects of credit woes spread to the housing market, Freddie Mac reported Thursday.
    2007-10-04 08:55:22
  • Banks reduce credit lines to H&R Block mortgage unit (Reuters via Yahoo! Malaysia News)

    NEW YORK - H&R Block Inc , the largest U.S. tax preparer, said on Wednesday that several bank lines that helped its mortgage lending unit to temporarily finance loans were dramatically reduced.
    2007-10-03 02:55:15
  • Bush is urged to appoint 'mortgage czar' (USA Today)

    Former Federal Reserve chairman Alan Greenspan defended the U.S. subprime mortgage market, arguing the repackaging and sale to investors of risky home loans not the loans themselves was to blame for the current global credit crisis.
    2007-10-04 05:05:43
  • CML responds to rate hold decision.

    Politics.co.uk - Responding to today's MPC decision to hold interest rates at 5.75%, the Council of ... about how long it will take for stable funding to return to the sub-prime market ... CML responds to rate hold decision. 04/10/2007 - Responding to today's MPC ...
    2007-10-04 04:59:00
  • Forex - BNP Paribas States As Expected, BoE Keepts Rate Unchanged []

    RTT News - Looking ahead to next week, he suggested that prime minister Gordon Brown could call a snap election by asking for the ... The UK's central bank maintained its key interest rate at a six-year high of 5.75% for the third straight month. The decision ...
    2007-10-04 04:37:00
  • Interest Rate Decision: The Wait Is Over

    Ananova - Homeowners can breath a sigh of relief as the interest rate has been kept on hold for another month at 5.75%. The Bank Of England ... there have been signs that British banks have found out the extent of their losses in the wake of the US sub-prime market ...
    2007-10-04 07:51:00
  • Spain PM Zapatero Says Euribor Mtge Reference Rate Has Peaked

    FXStreet.com - Spain PM Zapatero Says Euribor Mtge Reference Rate Has Peaked MADRID (Dow JOnes)--Spanish Prime Minister Jose Luis Rodriguez Zapatero said ... includes facts, views, opinions and recommendations of individuals and organizations deemed of interest ...
    2007-10-04 04:45:00