Mortgage and Financial News From 2007-11-15 Page 7

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  • Homeowners bear brunt of rate increase (Pretoria News)

    Once again, homeowners stand to bear the brunt of yet another interest rate hike. Effective on Friday, the Reserve Bank has adjusted the repo rate - the rate at which it lends money to commercial banks - by 50 basis points to 10 percent.
    2007-11-14 04:11:17

  • Rio may go for Pac man defence

    Age - About $US40 billion would be used to refinance loans associated with Rio's $US38 billion purchase of Canadian aluminium producer Alcan. The remaining $US30 billion would be put toward a share buyback, in an attempt to placate investors looking for ...
    2007-11-15 03:19:00

  • Orascom Chief May Bail On Italy, Tackle French Market

    All Headline News - The Orascom chief told reporters that he could opt to refinance current loans in Italy instead of securing a disposal on unfavorable terms. "If I'm not happy with the valuation or the terms, we are just going to refinance the Enel note," he said. The ...
    2007-11-15 11:37:00

  • U.S. Congress prepares for flurry of housing legislation

    Marketwatch - In the Senate, lawmakers could vote Thursday to approve a bill that would modernize the Federal Housing Administration, making it easier for more borrowers to refinance out of subprime loans into government-insured loans.
    2007-11-15 12:35:00

  • British Land to break open £2bn war chest

    Times Online - Fears are mounting that many highly leveraged owners of commercial property may soon be forced to sell as they will be unable to refinance to help repay borrowings. The general background of falling investment values resulted in the total value of ...
    2007-11-15 04:56:00

  • Should I Do It? Test Out Tenneco

    Street.Com - Tenneco also said Nov. 1 that it plans to sell $250 million of unsecured debt due 2015 in the near future, to refinance some of its $475 million of 10.25%-yielding secured notes that are due in 2013. This move follows another $831 million of debt the ...
    2007-11-15 03:02:00

  • Mortgage bankers go back to basics

    The State - In both eras, homeowners were expected to refinance themselves out of peril. And in both eras, home values plummeted in some parts of the country, trapping people in loans for more than their houses were worth, unable to refinance. In 1933, the federal ...
    2007-11-15 01:32:00

  • State touts $271M investment in 107 businesses, 12 local

    Albany Business Journal - Through the program, the fund invests money with 16 private equity managers who seek to invest in New York business that need capital for growth or to refinance ownership. As of October, $271 million had been invested in 107 businesses. Of that, $24 ...
    2007-11-15 02:15:00

  • Fitch Rates Houston Airports (Texas) $115MM Sub Lien Revs 'A+'

    Forbes - The 2007A bonds will permanently refinance a portion of the system's outstanding commercial paper notes and certain special facility bonds for which the system has assumed an obligation to repay. Fitch also affirms the 'A+' rating for the system's ...
    2007-11-15 02:58:00

  • New program offers HUD homes for $100 down, provides $2,500 for ...

    Detroit News - ... who gathered at the Metropolitan United Methodist Church on Woodward this afternoon. The program is part of the Federal Housing Administration's FHASecure loan program, which is seeking to help thousands of homeowners around the country refinance ...
    2007-11-15 03:48:00

  • Eli Tene of I Short Sale, Inc. Provides Fresh Start to Nationwide ...

    Onlypunjab.com - ... by their lender, as they were unable to refinance ... one of the most reputable SOURCES OF INFORMATION for issues within the real estate world related to the current sub-prime crisis, foreclosure prevention possibilities, and the opportunities mortgage ...
    2007-11-13 03:57:00

  • Stock Investment Leads to Good Returns

    Best Syndication - RateEmpire provides Mortgage rate quotes and Refinance rate quotes. RateEmpire is a financial marketplace which connects consumers with multiple mortgage companies that compete for their business. For more information please visit Stock Investment ...
    2007-11-13 03:57:00

  • Saving money by following a sound retirement income plan

    Best Syndication - RateEmpire provides Refinance Mortgage and Home Equity Mortgage financial marketplace which connects consumers with multiple mortgage companies that compete for their business. For more information please visit Saving money by following a sound ...
    2007-11-13 03:57:00

  • Kazakhstan Responds to International Financial Instability

    Forbes - ... measure the National Bank is granting liquid funds to banks to refinance their debts ... maintain mortgage market stability - assist S&MBs - promote further economy ... For further information please contact Sarah Nicholson s.nicholson@group-ibc ...
    2007-11-15 07:55:00

  • Q3 2007 GRAMERCY CAP CORP Earnings Conference Call - Final

    Insurance News Net - Additional information regarding the factors that could cause such differences appear ... you exclude about $2.2 million of interest expense that is related to mortgage ... and actually reflected the ability of many of our borrowers to sell or refinance ...
    2007-11-15 05:21:00

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