Mortgage and Financial News From 2007-11-15
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ResCap investors fret over lender's viability: report (Reuters via Yahoo! News)
Finance company GMAC's Residential Capital home mortgage unit may be close to violating certain debt covenants due to a plunge in its net worth, the Wall Street Journal reported in its online edition on Thursday.
2007-11-15 01:13:24 -
Shares of Thornburg Mortgage rise on Friedman Billings Ramsey note (KFDA-TV Amarillo)
Associated Press - November 15, 2007 10:05 AM ET NEW YORK (AP) - Shares of Thornburg Mortgage jumped after an analyst issued a research report arguing the home lender is in a good position to...
2007-11-15 07:05:52 -
Shares of Thornburg Mortgage rise (KOB-TV Albuquerque)
NEW YORK (AP) - Shares of Thornburg Mortgage jumped after an analyst issued a research report arguing the home lender is in a good position to benefit when the mortgage industry recovers.
2007-11-15 07:30:08 -
Countrywide Home Loans Offers Mortgage Insights to Educate and Empower First-Time Buyers (PRWeb)
Home loan experts suggest managing your mortgage can make home buying easier. (PRWeb Nov 15, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/UGlnZy1NYWduLUNvdXAtSG9yci1UaGlyLVplcm8=
2007-11-15 10:03:50 -
Local Mortgage Company Top Lender (Whiz News Southeastern Ohio)
One local mortgage company is being recognized for their participation in the Guaranteed Rural Housing program. Concorde Mortgage was the top lender with 106 loans in the Guaranteed Housing program f...
2007-11-15 11:52:13 -
Good, Bad or Ugly --Is It Impossible to Predict What's Ahead for the U ...
Wharton - Economists have lots of experience assessing figures for unemployment, inflation, gross domestic product and interest rates, but many are less sure of how to assess several factors that have moved into unfamiliar territory. The first is oil, which has ...
2007-11-13 03:57:00 -
Polling the Polling Experts: How Accurate and Useful Are Polls These ...
Wharton - ... of polls, according to experts, are the Internet polls or magazine surveys that appeal to only those with a vested interest in ... The response rates have gone down, for all forms of surveys." Abraham J. Wyner , Wharton professor of statistics, notes that ...
2007-11-13 03:57:00 -
Canada Morning: C$ Lower After After Soft Sep Mfg Data
FXStreet.com - These are the exchange rates at 10:20 a.m. EST (1520 GMT), 8:00 a.m. EST (1300 GMT), and late Wednesday. USD/CAD 0.9744 ... The Dow Jones content includes facts, views, opinions and recommendations of individuals and organizations deemed of interest ...
2007-11-15 07:20:00 -
No Bargains in Bank Stocks Yet (KiplingerForecasts.com)
Financial companies' dividend yields are high and share prices are low, but it's still too dangerous to jump into this sector. Maybe in a few months.
2007-11-15 07:26:04 -
Hands on: Tune in to internet radio (Personal Computer World)
There’s plenty of interest in digital radio at the moment.
2007-11-15 02:58:59 -
Market Insider/Thursday Look Ahead
CNBC - Thain told Bartiromo that he believes the mortgage business is attractive when risk ... inflation rate," said CNBC's Larry Kudlow. "That's going to mean no lower rates ... data that includes those items would show prices moving higher than current core ...
2007-11-15 06:29:00 -
European shares fall as banks, oils weigh
Guardian Unlimited - Barclays lost 0.5 percent despite revealing less damage than feared from the U.S. subprime mortgage meltdown. UBS ... The risk is that above-target current inflation rates contribute to a sustained dislodging of inflation expectations. In this case ...
2007-11-15 09:36:00 -
Expectations of several BoE cuts may be overdone
Guardian Unlimited - ... by next month and newspaper front pages on Thursday are screaming that mortgage ... Blanchflower will have repeated his call for a cut, the composition of the current ... After all, markets were equally convinced that interest rates would rise to 6 ...
2007-11-15 08:31:00 -
Expectations of several Bank cuts may be overdone
Reuters UK - ... by next month and newspaper front pages on Thursday are screaming that mortgage ... is about to come off the rails so much that they needed to cut interest rates ... in August wanted things to slow down a bit and it still was not sure the current ...
2007-11-15 09:28:00 -
Fixing Cleveland's foreclosure crisis
CNN Money - Current Mortgage Rates ... CLEVELAND (CNNMoney.com) -- Foreclosures may have reached a crisis point in Cleveland, but grass-roots efforts are ...
2007-11-15 09:07:00