Mortgage and Financial News From 2007-11-15 Page 21
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TFN economic and business calendar to Thursday Nov 29
CNBC - ... balance -Oct watch exports UNITED KINGDOM -Oct M4/M4 lending data (0930 GMT) -CML Oct mortgage ... 1230 GMT) EUROPEAN UNION/EURO AREA -ECB governing council meeting; no decision on interest rates -Euro zone Sept current ...
2007-11-15 09:14:00 -
MBIA, Ambac Downgrades May Cost Market $200 Billion (Update2)
Bloomberg - ... almost $100 billion of collateralized debt obligations backed by subprime-mortgage ... Insurers are required by accounting rules to reflect the current market value of ... credit have fallen by 15 percent, based on the rise in credit-default swap rates ...
2007-11-15 09:36:00 -
Wall Street wobbles
CNN Money - ... signs that pricing pressures are remaining mild, even with lower interest rates ... could take up to $7.1 billion in writedowns, related to the deteriorating mortgage ... However, the conglomerate said that the impact won't be felt in current quarter or ...
2007-11-15 09:21:00 -
U-M report predicts economic resilience will prevail
Detroit Free Press - HOMES FOR SALE • Search New Construction and Existing Homes across metro Detroit and Michigan. • Mortgage rates from lenders ... Unemployment will edge up from a current rate of 4.8% to 5.1% by the end of 2008, before falling back to 4.8% by the ...
2007-11-15 09:36:00 -
Jim Cunningham - Council of Mortgage Lenders
ePolitix.com - Jim Cunningham: Developments in the housing and mortgage markets do have ... The clear lessons for the UK are first, to maintain the current strong regulatory ... The main reasons for this are the rise in interest rates between August 2006 and ...
2007-11-15 07:27:00 -
Futures Slip as Inflation Meets Estimates
CNBC - ... were looking to the data for clues on whether the Federal Reserve will cut rates ... Analysts said volatility was likely to continue as the current trend of negative ... I see people spending less as these mortgage problems continue to proliferate." In ...
2007-11-15 05:39:00 -
U.S. Stock Futures Fall; Applied Materials, Citigroup Retreat
Bloomberg - ... and investors speculated Citigroup Inc. may take further writedowns on its mortgage ... give investors further clues on the outlook for the economy and interest rates ... His forecast for the current quarter trailed analysts' estimates, signaling that a ...
2007-11-15 05:25:00 -
Mortgage rates hold below year-ago levels
Marketwatch - ... than-expected decline in consumer confidence in November sent mixed signals to the current state of the economy," said Frank Nothaft, Freddie Mac chief economist. "As a result, there were no definite upward or downward pressures on mortgage rates ...
2007-11-15 09:28:00 -
Barclays hurt less than feared as UBS seeks to calm
CNBC - ... revealed less damage than feared on Thursday from the U.S. subprime mortgage ... Interbank sterling money market rates jumped as banks showed an extra ... The Barclays statement represents current knowledge of their problems. It doesn't ...
2007-11-15 07:48:00 -
Wells Fargo CEO Says Bank Is `Not Immune' to Slowdown (Update1)
Bloomberg - Nov. 15 (Bloomberg) -- Wells Fargo & Co., the second- largest U.S. mortgage lender ... who has been in the banking industry for more than 30 years, said the current ... The 2000 collapse of the Nasdaq Stock Market and lower interest rates following ...
2007-11-15 07:55:00 -
Mixed signals keep mortgage rates flat
CNN Money - Current Mortgage Rates ... NEW YORK (CNNMoney.com) -- Mortgage rates were flat following mixed economic signals, Freddie Mac reported ...
2007-11-15 07:48:00 -
Countrywide Home Loans Offers Mortgage Insights to Educate and Empower First-Time Buyers (PRWeb via Yahoo! News)
Home loan experts suggest managing your mortgage can make home buying easier.
2007-11-15 08:33:00 -
Who's to blame for the U.S. mortgage mess? (MSN Money Canada)
You know who the victims are. We name some of the villains in a credit crunch built on irresponsible subprime lending in the United States. It's not over, folks. There's plenty of pain left to come for homeowners and investors already battered and bruised by the subprime-mortgage meltdown.
2007-11-15 08:56:53 -
Fannie Mae, FHA Outline Mortgage Crunch Steps: Fannie Mae, FHA Say They're Taking Steps but Not at Speed They'D Like (Builder Online)
Nov. 14--LAS VEGAS -- The top officers at two of the country's mortgage giants said Tuesday that they are taking steps to deal with the mortgage crunch and rising foreclosure rates.
2007-11-15 08:58:23 -
U.S. mortgage rates hold below year-ago levels (Market Watch)
CHICAGO (MarketWatch) -- Mortgage rates were mostly flat in the week ending Thursday, as mixed economic news kept rate movements in check, Freddie Mac said.
2007-11-15 08:18:46