Mortgage and Financial News From 2007-8-22 Page 01

RSS Feed

Previous Day: 2007-08-21

Return to the mortgage news archive home.

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • Computerised crash

    Times Online - Only just over a week earlier the Fed had left all its key interest rates unchanged. Now, economists believe that the Fed will have to follow through with cuts in its more important federal funds rate in the coming weeks. Some economists had expected ...
    2007-08-19 12:58:00

  • Howard old and dishonest: Liberal polling

    Australian Broadcasting Corp. - MARK COLVIN: If you've been listening to Peter Costello taking credit for low interest rates all these years, you may have heard with some surprise that the Federal Government now says higher rates are a state responsibility. But today's leaked ...
    2007-08-22 11:17:00

  • Control of world economy is changing

    The Australian - ... economy was demonstrated superbly this week as US leaders from President Bush down tried to calm markets through, among other means, pumping in billions of dollars into the financial system while the People's Bank of China raised its interest rates ...
    2007-08-22 09:29:00

  • Bush tries to calm nervous investors

    Buffalo News - And the combination of higher interest rates and weaker home values have clobbered homeowners, especially those with higher-risk subprime mortgages. Mounting defaults have forced some lenders out of business. Credit problems have spread to other ...
    2007-08-22 09:18:00

  • Pressure mounts on Bernanke

    The Australian - The latest to blur the picture was Richmond Fed president Jeffrey Lacker, who said on Tuesday market upheaval only warranted an interest rates intervention from the central bank in circumstances where economic fundamentals like inflation and growth ...
    2007-08-22 06:12:00

  • Fed primed for reform

    Asia Times - There were two important lessons from the collapse of the Japanese asset bubble during the early 1990s. The first was that reductions in interest rates are not expendable. Once the discount rate falls to zero, there is nothing else a central bank can ...
    2007-08-22 07:02:00

  • Ads ONLINE

    MSNBC - Dodd was referring to homeowners who took out adjustable rate mortgages between 2004 and 2005 and now face higher interest rates as early "teaser" rates are reset. Some homeowners could see a $1,500 increase in their monthly mortgage bill, he said. ...
    2007-08-22 01:26:00

  • Japan stocks flat amid jitters over subprime loan woes

    International Herald Tribune - TOKYO: Japanese stocks finished flat Wednesday as worries over subprime loans and foreign exchange rates continued to ... The Bank of Japan began a two-day meeting Wednesday but expectations for an interest rate hike has diminished amid worries ...
    2007-08-22 08:57:00

  • Little risk to Pakistan's economy (Business Recorder)

    KARACHI (August 22 2007): On August 7, 2007, US central bank policy makers came up with a declaration that inflation remained their primary target. In other words, it also meant that Federal Reserve's monetary stance would remain tight until they succeed in containing inflation.
    2007-08-21 11:47:27

  • Fighting Back (GoldSeek.com)

    I am writing this report much earlier than normal as I will be on vacation starting late tomorrow and didn’t want to write a Metal Report while on vacation. As gold looks to me like the play to be in, I want to focus on gold only in this report.
    2007-08-22 03:06:15

  • S.Korean bonds turn weaker on ministers' outlook (Reuters via Yahoo! Asia News)

    SEOUL, Aug 22 (Reuters) - South Korean government bond prices gave up earlier gains to fall on Wednesday, as investors ventured to riskier assets after fears of global credit tightening eased on a rosy outlook from Finance Ministers at Japan and home.
    2007-08-22 07:58:37

  • Cramer's 'Mad Money' Recap: P&G's Dividend Payoff (TheStreet.com)

    Long term, Cramer likes the company as a Fed defense play and for a dividend reinvestment.
    2007-08-22 12:28:12

  • Lehman shuts BNC Mortgage unit, cuts 1,200 jobs

    Marketwatch - BNC was a top-20 subprime mortgage lender in 2006, originating more than $14 billion worth of home loans, according to industry publication Inside B&C Lending.
    2007-08-22 08:42:00

  • UPDATE 2-Lehman to close subprime unit, cut 1,200 jobs

    Reuters - ... Brothers Holdings Inc (LEH.N: Quote , Profile , Research ) said on Wednesday it would fire 1,200 workers and take $52 million of charges as it shutters its subprime lender BNC Mortgage Corp, the latest blow for a Wall Street bank involved in home ...
    2007-08-22 09:54:00

  • Lender files for bankruptcy

    New Zealand Herald - NEW YORK - First Magnus Financial Corp, one of the largest independent US mortgage lenders, filed for Chapter 11 bankruptcy protection on Tuesday, the latest home loan provider to collapse as the housing market slumps. The privately held company ...
    2007-08-22 05:36:00

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40