Mortgage and Financial News From 2008-2-8 Page 37

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  • Mexican Peso Adds To Recent Gains As Inflation Concerns Ease - RTT News

    Mexican Peso Adds To Recent Gains As Inflation Concerns EaseRTT News, NY - 1 hour agoThe Council for Mortgage Lenders noted that 27100 homes were taken over by lenders in 2007, as people failed to repay home loans. The figure was the highest ...
    2008-02-08 10:08:48

  • Selling Stocks to Buy a House - Motley Fool

    Selling Stocks to Buy a HouseMotley Fool - 1 hour agoAnd with banks and mortgage lenders like Washington Mutual (NYSE: WM) and Countrywide Financial (NYSE: CFC) becoming more conservative in their lending ...
    2008-02-08 10:17:15

  • Analyst: Lehman to Gain in Refi Boom - CNNMoney.com

    Analyst: Lehman to Gain in Refi BoomCNNMoney.com - 1 hour ago... Co. analyst Richard Bove said Lehman Brothers Holdings Inc. will benefit from a predicted boom in home refinancing as long-term mortgage rates decline. ...
    2008-02-08 10:34:36

  • Housing slump drags on cash-out activity - United Press International

    Housing slump drags on cash-out activityUnited Press International - 1 hour agoAt the same time, rates on jumbo mortgages for prime borrowers became relatively much more expensive compared to conforming rates, said the federally ...
    2008-02-08 11:00:16

  • Fed's Pianalto: Broad approach to housing needed - Reuters

    Fed's Pianalto: Broad approach to housing neededReuters - 56 minutes ago"A comprehensive approach is needed to address the problems we are now facing in the mortgage market," Pianalto told a housing group. ...
    2008-02-08 11:03:38

  • MGIC tightening underwriting standards in 30 markets - Inman.com (subscription)

    MGIC tightening underwriting standards in 30 marketsInman.com (subscription), CA - 48 minutes agoThousands of borrowers in 22 states will no longer be able to obtain private mortgage insurance from MGIC Investment Corp. after March 3, when the company ...
    2008-02-08 11:12:17

  • Inflation average 3.9% in ’08 -- BSP survey - Inquirer.net

    Inflation average 3.9% in ’08 -- BSP surveyInquirer.net, Philippines - 33 minutes agoThe HSBC group also said the accelerated inflation would discourage the BSP from further reducing its policy interest rates by another 25 basis points in ...
    2008-02-08 11:26:39

  • News Worth Noting Living Within Our Means - The Black Chronicle

    News Worth Noting Living Within Our MeansThe Black Chronicle, OK - 31 minutes agoHer take-home pay is $5200 a month, but her debt payments reach $4400. Mrs. Barbaro has rented out her house while negotiating to lower her mortgage. ...
    2008-02-08 11:28:33

  • Analyst: Fannie Mae faces worse credit - BusinessWeek

    Analyst: Fannie Mae faces worse creditBusinessWeek - 20 minutes agoIn November, Fannie Mae disclosed about 0.9 percent of its single-family mortgage loan portfolio was "seriously delinquent." Morgan Stanley analyst Kenneth ...
    2008-02-08 11:39:35

  • `Jumbo' Loan Limit Increase May Not Stem Housing Market Decline - Bloomberg

    `Jumbo' Loan Limit Increase May Not Stem Housing Market DeclineBloomberg - 20 minutes agoMortgage lending will fall to an eight-year low this year as home prices continue to drop, the Mortgage Bankers Association projected last month. ...
    2008-02-08 11:40:08

  • Key mortgage bill passes commerce committee - Bizjournals.com

    Key mortgage bill passes commerce committeeBizjournals.com, NC - 8 minutes ago"Considering the Federal Reserve recently reduced interest rates, borrowers entering the market or refinancing a home deserve quality standards," Sen. ...
    2008-02-08 11:51:22

  • Analyst: Lehman to gain in refi boom (Sharewatch)

    NEW YORK (AP) - Punk Ziegel & Co. analyst Richard Bove said Lehman Brothers Holdings Inc. will benefit from a predicted boom in home refinancing as long-term mortgage rates decline.
    2008-02-08 10:34:11

  • Selling Stocks to Buy a House (The Motley Fool)

    It stinks, but here's the way to do it.
    2008-02-08 10:36:06

  • Canadian Dollar Surges After Job Growth Outstrips Estimates (Bloomberg.com)

    Feb. 8 (Bloomberg) -- Canada's dollar surged against its U.S. counterpart after a larger-than-expected increase in employment fueled speculation the Bank of Canada will be slow to reduce interest rates, resulting in a wider rate advantage over the U.S.
    2008-02-08 11:01:48

  • Deputy Secretary Kimmitt Remarks on the Challenge from Iran and the American Response Before the Anti-Defamation ... (United States Department of the Treasury)

    Thank you, Tony Schneider, for that kind introduction. Hearing my work history always makes me wonder if the audience wishes the organizers had found a speaker who did not have so much trouble holding a job!
    2008-02-08 11:06:55

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