Mortgage and Financial News From 2007-9-21 Page 15

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  • R.H. Donnelley, CompuCom Sell High-Yield Debt as Demand Returns

    Bloomberg - A slump in demand, sparked by concerns that losses from subprime mortgage debt would spread throughout the credit markets, caused the worst monthly performance for high-yield debt in five years in July. Three companies sold junk bonds in ...
    2007-09-21 07:09:00

  • Kroger expands in-store personal finance business

    Detroit News - Mortgage with your milk? The Kroger Co., the nation's largest traditional grocery chain, is expanding its personal finance division, marketing everything from pet insurance to home loans in stores. Retail giant Wal-Mart Stores Inc. also has been ...
    2007-09-21 06:12:00

  • White House softens on mortgage rule changes

    International Herald Tribune - WASHINGTON : The Bush administration, bracing for a tidal wave of home foreclosures by people with subprime mortgages, is softening its opposition to Democratic proposals to expand the giant government-sponsored mortgage finance companies. In a ...
    2007-09-21 04:03:00

  • More Americans Say Value of Their Home Has Fallen

    CNBC - While the Federal Reserve's half-percentage-point interest rate cut Tuesday would help homeowners whose mortgage rates are about to reset, shrinking home values and tougher credit requirements would overwhelm the positive impact from cash-out ...
    2007-09-21 07:30:00

  • Fallout from lending firm's bankruptcy hits home

    Milwaukee Business Journal - On July 28, Randy Barwick was discussing with his bosses the possibility of taking on more duties as branch manager of American Home Mortgage Investment Corp. 's Wisconsin offices. A week later, Barwick, who worked out of a Brookfield office, got an ...
    2007-09-21 04:53:00

  • Singapore shares close slightly lower on consolidation - UPDATE

    Forbes - Remarks by Fed chairman Ben Bernanke that US home mortgage defaults are likely to get worse also weighed on market sentiment. The Straits Times Index was down 10.24 points or 0.3 percent to close at 3,542.22, after trading between 3,527.27 and 3,559 ...
    2007-09-21 04:10:00

  • In foreclosures, pets are often abandoned with home

    Dallas Morning News - Some of the saddest victims of the home mortgage meltdown don't walk away when their home goes into foreclosure. Real estate agents who sell foreclosed homes say they sometimes find pets left behind when the owners clear out. They come to the rescue ...
    2007-09-21 06:26:00

  • Councilman: Home foreclosures may disproportionately impact low-income and minority communities in county (North County Times)

    SAN DIEGO - Home foreclosures from so-called sub-prime mortgage lending may disproportionately impact low-income and minority communities in San Diego, Councilman Tony Young said today.
    2007-09-20 07:51:01

  • Crisis hitting home (The Daily Commercial)

    Home foreclosures are surging in Lake County. Filings in August with the Clerk of Court nearly doubled from August 2006, as homeowners are increasingly unable to pay their mortgage or sell their homes amid a national housing slump and financing crisis.
    2007-09-21 05:05:41

  • American Conference Institute's 10th Annual Forum on Responsible Mortgage Lending (PrimeNewswire via Yahoo! Finance)

    HOUSTON, Sept. 21, 2007 -- Jeanne Stell, Executive Vice President of Allied Home Mortgage Capital Corporation, has been invited to be one of the featured guest speakers at the upcoming American Conference Institute's 10th Annual Forum on Anti-Predatory Lending Compliance.
    2007-09-21 06:52:44

  • IRVING, COPPELL HOME SALES (Dallas Morning News)

    This list of selected home sales in Irving and Coppell was compiled by MasterFiles Inc. from county deed records. The amount listed is the mortgage, not the total price. In each ZIP code, sales are organized alphabetically by street and include the date recorded.
    2007-09-21 01:05:19

  • ROCKWALL/ROWLETT HOME SALES (Dallas Morning News)

    This list of home sales in Rockwall and Rowlett was compiled by MasterFiles Inc. from county deed records. The amount listed is the mortgage, not the total price.
    2007-09-21 01:10:40

  • Venezuela builds 90,000 homes to reduce current 1.8 million housing ...

    Vheadline - Venezuela builds 90,000 homes to reduce current 1.8 million housing deficit Prensa ... about the delivery of over 30,000 subsidized loans with preferential rates to low ... site is distributed without profit to those who have expressed a prior interest in ...
    2007-09-21 03:48:00

  • Barclays Cuts Pound Forecasts, Citing Damaged BOE Credibility

    Bloomberg - ... will slow growth in the U.K.'s $2.9 trillion economy, Europe's second-largest, and force the central bank to cut interest rates. ... The European Central Bank and Federal Reserve appear to have taken a more pragmatic approach to the current crisis and ...
    2007-09-21 05:36:00

  • Policy mix urged to cut current account gap

    DAWN Group - The fund called for further fiscal consolidation, starting in 2007-08 to significantly reducing external current deficit while lessening pressure on real interest rates. The fund said the authorities agreed that a substantial revenue mobilisation ...
    2007-09-20 07:34:00

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