Mortgage and Financial News From 2007-10-31 Page 2

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  • Paulson to mortgage industry: help curb defaults (CNN Money)

    Treasury Secretary calls on mortgage lenders to do more to identify borrowers in danger of default; urges flexibility.
    2007-10-31 04:11:10

  • S.D. has fewer risky home loans (Rapid City Journal)

    SIOUX FALLS -- South Dakota and North Dakota have the lowest rate of subprime home loans in the nation, according to the Mortgage Bankers Association's National Delinquency Survey.
    2007-10-31 07:07:39

  • No Ombudsman in American Home Bankruptcy (AP via Yahoo! Finance)

    The judge presiding over the bankruptcy of American Home Mortgage Investment Corp. on Wednesday denied requests from some homebuyers to appoint a consumer privacy ombudsman.
    2007-10-31 03:37:43

  • Treasuries Fall After Fed Shows Reluctance to Cut Rates Further

    Bloomberg - Oct. 31 (Bloomberg) -- Treasuries fell after the Federal Reserve lowered interest rates ... Based on current conditions this is it for the year'' from the Fed, said Alex Li, an interest-rate strategist in New York at Credit Suisse Securities USA LLC ...
    2007-10-31 01:52:00

  • Nationwide holds out hope of housing market resilience

    The Independent - Rents would have to rise very strongly relative to house prices to make short-term buy-to-let investments profitable at current interest rates." Overall, the data – and comments from MPC members Kate Barker and David Blanchflower – would indicate ...
    2007-10-31 04:51:00

  • Treasuries Fall Before Fed on Growth in Jobs, U.S. Economy

    Bloomberg - An interest rate cut today ``could be the last one,'' said Gary Pollack, who helps ... 0 percent, less than forecast, and is projected to slow further in the current ... Treasuries Drop as Growth, Jobs Data Reduce Speculation Fed Will Cut Rates ...
    2007-10-31 09:27:00

  • Column: Reasons the Federal Reserve won't again cut interest rates in ...

    CNBC - NEW YORK - Here are some reasons the Federal Reserve is unlikely to again cut interest rates at its next policy meeting in ... The Fed can signal future rate direction in the words it uses to justify its current decision. Wednesday's statement was ...
    2007-10-31 02:35:00

  • Fitch Rates Mercedes, Texas' $6.5MM COs 'A-'; Outlook Stable

    Forbes - Fitch Rates Mercedes, Texas' $6.5MM COs 'A-'; Outlook Stable 10.31.07, 4:46 PM ET ... sales tax, maintenance of solid reserve levels is essential for the current rating ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-10-31 02:50:00

  • Asian Stocks Advance on Fed Rate Cut; Canon, Sinopec Lead Gains

    Bloomberg - Nov. 1 (Bloomberg) -- Asian stocks rose after the Federal Reserve cut interest rates and U.S. economic growth accelerated ... The company said yesterday that profitability and shipments will drop in the current quarter on weaker demand for ...
    2007-10-31 09:02:00

  • Dow Jumps After Fed's Interest Rate Cut

    CBS News - The funds rate affects many other interest rates charged to millions of individuals and businesses and is the Fed's most potent ... Even so, economic growth is expected to slow to a pace of around 2 percent or less in the current October-to-December ...
    2007-10-31 04:58:00

  • Google Stock Barrels Through $700

    Chicago Tribune - I use the term 'Googzilla' to describe the current incarnation of Google," Arnold said. "This idea is that Googzilla is big ... found near Naperville train station Wrong-way crash victims identified Ryan a step closer to prison Missing wife stirs interest ...
    2007-10-31 12:55:00

  • Spending data seals interest rate rise

    News.com.au - ... STRONGER-than-expected jump in retail sales in September makes an interest rate rise next week even more of a certainty, economists said today. ... Bank of Australia (RBA) was likely to raise the official cash rates by ...
    2007-10-31 08:33:00

  • Senior Australian banker sees interest rates rising next week

    CNBC - ... Thomson Financial) - One of Australia's most senior bankers said Thursday he expects the central bank to tighten interest rates ... said record-low unemployment, expansionary policies announced by the federal government and opposition during the current ...
    2007-10-31 09:38:00

  • Fed 'will cut rates to 4pc to stop recession'

    Daily Telegraph - The end of the bull market, Mr Doll said, would not be caused by the current earnings slowdown but by inflation and the higher interest rates used to put the lid on rising prices. "My best bet is that will happen this time but it could take a couple ...
    2007-10-31 08:55:00

  • Fed Cuts Interest Rates Again (WILX 10 Lansing)

    The Federal Reserve cut a key interest rate Wednesday.
    2007-10-31 12:26:10

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