Mortgage and Financial News From 2007-11-15 Page 16

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  • ICICI Bank cuts interest rate on home loans

    Hindustan Times - After State Bank of India, country's largest private sector lender ICICI Bank has cut floating home loan rates by 0.5 per cent to 11 per cent. The new rates, implementable with immediate effect, will be applicable on new loans till October 31, an ...
    2007-11-15 07:41:00

  • Exporters demand interest subsidy from FM

    Hindustan Times - Stung by a persistently rising rupee and eroding competitiveness, textile exporters on Thursday met Finance Minister P Chidambaram demanding an interest rate subsidy of at least 2 per cent to tide over the crisis. Powerloom Development and Export ...
    2007-11-15 09:21:00

  • LMP Corporate Loan Fund Inc. Sets New Rate, Announces Distribution for ...

    Forbes - ... that a reduction in the rate is appropriate to account for factors that negatively impact the Fund's cash flow, including the decline in cash flow available from leveraged loans as the LIBOR rate declined in response to the recent FOMC interest rate ...
    2007-11-15 02:00:00

  • Exporters demand interest subsidy (Hindustan Times via Yahoo! India News)

    STUNG BY a persistently rising rupee and eroding competitiveness, textile exporters on Thursday met Finance Minister P. Chidambaram demanding an interest rate subsidy of at least 2 per cent to tide over the crisis.
    2007-11-15 11:31:03

  • Interest rates expected to remain stable, say bankers (Indian Express Finance via Yahoo! India News)

    Leading public sector banks SBI and Canara Bank on Thursday said interest rate was likely to go down or remain stable in the near future. With inflation under control, I do not see any reason for interest rate to go up. Interest rates are expected to remain stable to down. Interest rates have already eased off a bit, SBI chairman OP Bhatt told reporters here. Bhatt was here along with Canara ...
    2007-11-15 01:44:19

  • Transcript of inflation report press conference

    Financial Times - You could compare this with chart 5.2, in the GDP projection on constant interest rates. And you could compare that with chart 5.1 ... rate was raised five times, only about one half of the increase in bank rate fed through to effective mortgage rates ...
    2007-11-13 03:57:00

  • Q3 2007 Deutsche Postbank AG Earnings Conference Call - Final

    Insurance News Net - But you see the whole strength we have seen in the Q3, compare it to Q3 2006. There ... in Q2, that there is no further deteriorating of the margins in the mortgage book ... They keep on growing at very, very small rates, 3.5%, compared to a customer loan ...
    2007-11-15 10:04:00

  • PriceMyLoan Delivers On Its Promises With Private Testing Suite

    Forbes - ... was key to our decision," said Robert Boladian, CEO of Spectra Funding, a mortgage ... files, upload live credit reports from their existing credit vendor, and compare ... solutions that result in reduced loan cycle times, improved pull through rates ...
    2007-11-15 10:11:00

  • Transcript of Bank of England press conference (FT.com via Yahoo! News)

    Mervyn King, Bank of England governor, Charles Bean, chief economist and Paul Tucker, executive director for markets, answered journalists' questions in the Bank at the launch of its quarterly Inflation Report on November 14, 2007. This is an FT unabridged transcript edited for clarity.
    2007-11-15 01:35:13

  • Stockton Foreclosure Rates Worst In Nation (KCRA 3 Sacramento)

    Stockton has the worst rates in the nation for the third quarter of this year and Sacramento is not far behind.
    2007-11-14 08:41:06

  • What Is The Best Mortgage Deal? (The Motley Fool)

    We look at whether you should opt for a fixed-rate or variable-rate mortgage.
    2007-11-15 02:06:28

  • Home sales rise in October

    Globe and Mail - Sales levels are expected to edge down as higher home prices and mortgage rates continue to squeeze buyers out of the market. The posted rate on a five-year mortgage at the big banks is currently sitting at 7.44 per cent, 150 basis points higher than ...
    2007-11-15 08:38:00

  • Home Federal Bancorp, Inc. Declares Quarterly Cash Dividend

    MSN MoneyCentral - ... Valley region of southwestern Idaho that includes Ada, Canyon, Elmore and Gem Counties, through 15 full-service banking offices and two mortgage loan centers. The Company's common stock is traded on the NASDAQ Global Market under the symbol "HOME ...
    2007-11-15 12:56:00

  • DB: Housing may drag U.S. into recession

    CNBC - This apparatus allowed mortgage lenders to issue home loans and sell them to investment banks, who in turn sold the debt to investors. The result was the players in this industry all felt insulated from risk. The lenders only held the debt for as long ...
    2007-11-15 12:56:00

  • Bay Area home sales dropped 36 percent in October

    San Jose Mercury News - The bank's $67 billion portfolio of first-mortgage home loans faces net credit losses of only 11 basis points during the third quarter, Stumpf said, citing "disciplined underwriting." He said the company expects to gain market share in home loans as ...
    2007-11-15 11:59:00

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