Mortgage and Financial News From 2007-10-22 Page 01

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  • Mass. housing prices...

    Boston Globe - Because of a credit crunch, buyers are either nervous about getting a mortgage or finding it more difficult to qualify for ... But in this report, the Warren Group also decided to calculate prices after foreclosure data were excluded; on that basis ...
    2007-10-22 05:49:00
  • More may get hit with tax for 'rich' (Kearney Hub)

    WASHINGTON - If your family earns more than $75,000 a year, you might -- might -- owe the Internal Revenue Service an additional tax payment next year, thanks to a special tax originally aimed at the rich that increasingly snags middle class taxpayers.
    2007-10-22 07:56:09
  • Equifax Delivers Solid Revenue and Strong Operating Income Growth in Third Quarter 2007; Updates 2007 Full Year ... (PR Newswire via Yahoo! Finance)

    Equifax Inc. today reported financial results for the third quarter ended September 30, 2007. Revenue increased 25 percent to $492.5 million compared to the prior year period.
    2007-10-22 02:06:00
  • Wintrust Financial Corporation Reports Third Quarter Earnings (FinanzNachrichten)

    Net interest margin and other items: * Core net interest margin of 3.43% reached the highest reported level since the third quarter of 2003. * Net interest margin of 3.14% was at its highest reported level since the third quarter of 2005.
    2007-10-22 04:06:03
  • Change in law could end beach house tax loophole (Bradenton Herald)

    Investing in a vacation home would become a little less profitable under a tax change that may become law soon.
    2007-10-22 09:50:40
  • Fitch Affirms 3 & Downgrades 11 RMBS Classes From 2 SABR ...

    Forbes - The collateral in the aforementioned transactions consists primarily of adjustable- and fixed-rate sub-prime mortgage loans ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant ...
    2007-10-22 03:00:00
  • Community Bancorp Announces Earnings Per Share of $0.53 Despite ...

    CNBC - ... to continued upward pricing pressures for deposits and other funding liabilities over the nine months ended September 30, 2007 in a fairly stable prime rate environment. For the three and nine months ended September 30, 2007, net interest income ...
    2007-10-22 04:52:00
  • Dion has tricky week ahead to avoid election

    Globe and Mail - Whatever they rename themselves to after they are reduced to nothing doesn't interest me. It will probably be Labour, judging by the collonial nature of the Liberal party and its British connections. Don't care. They're gone. And while you're at it ...
    2007-10-22 05:52:00
  • Nuclear deal on hold, says Govt to Left

    Daily Pioneer - The 'operationalisation' of the controversial Indo-US civil nuclear deal has been put on hold till the UPA-Left committee on the issue gives its findings even as there were persistent reports that Prime Minister Manmohan Singh had let it be known ...
    2007-10-22 09:24:00
  • KNBT Bancorp, Inc. Declares Quarterly Cash Dividend

    MSN MoneyCentral - LEHIGH VALLEY, Pa., Oct. 22, 2007 (PRIME NEWSWIRE) -- KNBT Bancorp, Inc. (Nasdaq:KNBT) ("KNBT"), the holding company for ... of loan losses; (3) competitive pressure among depository institutions increases significantly; (4) changes in the interest rate ...
    2007-10-22 12:51:00
  • Australia poll shows govt slipping further behind

    Boston Globe - The closely watched Newspoll in the Australian newspaper showed Labor leading Prime Minister John Howard's conservative ... But his promise of continued prosperity and more jobs has been blunted by successive interest rate rises to 6.5 percent ...
    2007-10-22 04:26:00
  • GE Money and Ethan Allen Interiors Extend Consumer Finance Program

    Forbes - No Payment/Deferred Interest allows consumers to pay for their purchase in full within three to six months; and Ethan Allen Prime, which offers a three-month, no-payment period and a variable Interest Rate which is the current Prime Rate. "The ...
    2007-10-22 10:14:00
  • Lending Reform: Let The Battle Begin!

    CNBC - It also prohibits prepayment penalties on subprime loans and limits prepayment penalties on prime loans. The penalties would actually have to expire three months before an interest rate on an adjustable rate mortgage would reset. The bill also makes ...
    2007-10-22 01:34:00
  • New poll has Howard facing obliteration

    News.com.au - FOR the second day in a row Prime Minister John Howard, who today suffered a ... to have tax rates of 15c, 30c, 35c and 40c in the dollar in 2012 but the 30c rate ... some people are too young to remember the Hawke/Keating era when interest rates were ...
    2007-10-22 07:47:00
  • Housing help: Nation's largest lender to modify $16B in loans

    USA Today - Are in default on their loans because of an interest-rate reset in the past few months. Countrywide will send a letter ... Countrywide will offer to refinance them into a lower-interest "prime" loan, or a mortgage insured by the Federal Housing ...
    2007-10-22 08:58:00