Mortgage and Financial News From 2007-10-22 Page 18

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  • New facts show credit crisis is far from over (Valley Morning Star)

    NEW YORK — The facts speak for themselves: The credit crisis is getting even scarier.
    2007-10-21 10:23:33

  • Ernst & Young ITEM Club Lowers 2008 U. K. GDP Forecast (Nasdaq)

    (RTTNews) - Tighter credit conditions may not be such a bad thing for the U. K. economy, the Ernst & Young ITEM Club said in its Autumn economic outlook, released Monday.
    2007-10-22 05:23:58

  • Europe shares slide 1.6%; growth, credit fears hurt (Reuters via Yahoo! Malaysia News)

    LONDON, Oct 22 - European shares were sharply lower by midday on Monday, tracking equities across the globe, as growth fears hit commodity stocks and renewed concerns over the impact of a credit crunch took banks down.
    2007-10-22 03:58:49

  • Differentiating among 'no-cost mortgages'

    Arlington Heights Daily Herald - UMLs provide online pricing for a wider range of products, and they provide complete pricing data on adjustable-rate mortgages ... If you have the cash, it pays to buy down the interest rate by paying points rather than the reverse. This calls for a ...
    2007-10-19 05:56:00

  • Bradford & Bingley defies critics with debt deals

    The Independent - The deals are so-called reverse enquiry transactions initiated by financial institutions that have money to invest. The key is the strength of the collateral, which is AAA-rated prime mortgages, Mr Willford said. "It shows investor confidence... it ...
    2007-10-21 03:16:00

  • With Wall Street Slowing, Uncertainty Descends

    New York Times - The latest psychic blow came on Thursday when the chief executive of Bank of America hinted that his company might reverse ... trade bonds backed by mortgage debt are now feeling repercussions as homeowners around the country default on risky mortgages ...
    2007-10-21 08:52:00

  • ASK THE FOOL

    Contra Costa Times - Reverse mortgages Reverse mortgages have been getting a lot of attention lately. Here is what you need to know ...
    2007-10-22 02:57:00

  • As others fall, Vertical Lend hits it stride

    Newsday - At a time when many financial services companies are cutting staff and fighting to remain solvent, Melville-based Vertical Lend is growing. Also known as Mortgage Warehouse, the company offers reverse mortgages, which allow borrowers to remove equity ...
    2007-10-22 03:04:00

  • Moving ahead in uncertain global economy (Bangkok Post)

    Emerging Asia's economies have been among the most dynamic in the world in the last decade. Today the region accounts for almost half of global economic growth.
    2007-10-21 09:30:34

  • Business briefs: October 22 (Naples Daily News)

     
    2007-10-21 05:51:48

  • As others fall, Vertical Lend hits it stride (Newsday)

    At a time when many financial services companies are cutting staff and fighting to remain solvent, Melville-based Vertical Lend is growing.
    2007-10-22 03:29:11

  • A chance for first-time buyers

    Los Angeles Times - The second and third mortgages are deferred, meaning the Maars don't have to make monthly payments on them. They are repaid as a lump sum in 30 years unless the house is sold or refinanced before then. They pay no interest on the purchase-assistance ...
    2007-10-20 05:54:00

  • Respite's over

    Asia Times - ... has characteristically avoided post-Bubble risky mortgages and ... 18 – Bloomberg (Erik Holm): “PMI Group Inc., the second-largest U.S. mortgage insurer ...
    2007-10-22 04:16:00

  • Permira to Buy Arysta LifeScience for $2.2 Billion (Update5)

    Bloomberg - The purchase, Japan's biggest buyout this year, marks Permira's entrance into the world's second-largest economy, where ... the riskiest borrowers in the U.S. roiled financial markets in the past three months, leaving banks with losses on mortgages ...
    2007-10-22 12:41:00

  • European Stocks Decline; BP, Total, Carlsberg, Commerzbank Drop

    Bloomberg - Policy makers met for the first time since a collapse in demand for assets backed by U.S. subprime mortgages sparked a surge ... BP, Europe's second-largest oil company, fell 1.2 percent to 603.5 pence. Total SA, the region's fourth-largest, sank 1.3 ...
    2007-10-22 12:27:00

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