Mortgage and Financial News From 2008-1-20 Page 14

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  • Manuel to join heavyweights in Davos - The Times

    Manuel to join heavyweights in DavosThe Times, South Africa - 3 hours agoDiscussions will be dominated by the sub- prime mortgage crisis that hit the US, Europe and the UK last year; the transfer of capital from energy-consuming ...
    2008-01-20 02:24:03
  • Municipal borrowers bypass troubled insurers - MSNBC

    Municipal borrowers bypass troubled insurersMSNBC - 2 hours agoRatings agency Fitch cut the insurer's credit rating to AA, citing a $1bn capital shortfall caused by losses on mortgage-related bonds Ambac has guaranteed. ...
    2008-01-20 03:12:52
  • US stocks post steepest drop since July 2002, Citigroup falls - Tehran Times

    US stocks post steepest drop since July 2002, Citigroup fallsTehran Times, Iran - 2 hours agoThe bank wrote down the value of subprime- mortgage investments by $18 billion, reduced its dividend by 41 percent and said it would sell $14.5 billion of ...
    2008-01-20 03:19:59
  • If there is recession in the US - Business Day

    If there is recession in the USBusiness Day, Nigeria - 2 hours agoBecause sub prime mortgage lenders are high risk borrowers, following subsequent increases in the interest rate, it left home owners unable to meet their ...
    2008-01-20 03:23:14
  • Australasian Investment Review - ABN Newswire (press release)

    Australasian Investment ReviewABN Newswire (press release), Australia - 1 hour agoMortgage loans from non bank lenders have also risen in cost, so interest costs are already higher for a significant number of borrowers. ...
    2008-01-20 03:33:02
  • Bank on auction to skip capital gains tax - Economic Times

    Bank on auction to skip capital gains taxEconomic Times, India - 1 hour agoAlso, regulations need to be in place to create mortgage guarantee companies. Legal and tax issues have to be sorted out immediately. ...
    2008-01-20 03:44:40
  • Northern Rock: Should Branson be allowed to make a fortune at our ... - Independent

    Northern Rock: Should Branson be allowed to make a fortune at our ...Independent, UK - 1 hour ago12 Sept: Bank of England gives Northern Rock emergency help to deal with cash flow problems arising from US sub-prime mortgage crisis. ...
    2008-01-20 04:20:32
  • Four Scots giants slump into the 40 Per Cent Club as finance woes ... - Scotsman

    Four Scots giants slump into the 40 Per Cent Club as finance woes ...Scotsman, United Kingdom - 1 hour agoConcerns over subprime-related losses are compounded by growing weakness in the UK housing market, falling house prices and a sharp drop in mortgage lending ...
    2008-01-20 04:25:43
  • Malaysia Hot Stocks-Market expected to hold its ground - Reuters

    Malaysia Hot Stocks-Market expected to hold its groundReuters - 59 minutes ago... again, on worries over spreading subprime mortgage fallout, and were joined in the rout by telecommunications companies after Sprint Nextel announced ...
    2008-01-20 04:26:19
  • HK stocks seen falling, Bank of China eyed - Reuters

    HK stocks seen falling, Bank of China eyedReuters - 40 minutes agoHK: Quote, Profile, Research) could take heavy hits as it is expected to announce a significant write-down of its failed investments in US subprime mortgage ...
    2008-01-20 04:45:22
  • China Real Estate Brokers Face Slowdown - Auburn Citizen

    China Real Estate Brokers Face SlowdownAuburn Citizen, NY - 23 minutes agoSo far, there are no signs of a mortgage meltdown in China similar to that seen in the US, and experts don't foresee property prices falling substantially. ...
    2008-01-20 05:02:33
  • UK to escape recession, Item Club says - Telegraph.co.uk

    UK to escape recession, Item Club saysTelegraph.co.uk, United Kingdom - 22 minutes ago"Nonetheless, our survey shows that significantly more companies are reporting that they are growing and expect to continue to do so than are contracting. ...
    2008-01-20 05:03:47
  • The week ahead - Telegraph.co.uk

    The week aheadTelegraph.co.uk, United Kingdom - 22 minutes agoEconomics Rightmove January house price survey, December public finances, December M4 growth and lending figures, CML and BSA December mortgage lending. ...
    2008-01-20 05:03:49
  • Djerriwarrh enters H2 'well-placed' - The West Australian

    Djerriwarrh enters H2 'well-placed'The West Australian, Australia - 20 minutes ago"In addition, we have also been using buy-write strategies to acquire shares in good companies at advantageous prices and good yields given the higher ...
    2008-01-20 05:05:48
  • Will Economic Stimulus Measures Stave Off Recession? - Center for Research on Globalization

    Will Economic Stimulus Measures Stave Off Recession?Center for Research on Globalization, Canada - 13 minutes agoThe first of these bubbles, of course, was the housing one, marked by officially-sanctioned fraudulent lending practices leading to the sub-prime mortgage ...
    2008-01-20 05:12:01