Mortgage and Financial News From 2008-3-13 Page 14

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  • Dollar Falls to 12-Year Low of 100 Yen on Carlyle Fund Failure

    Bloomberg - The yen has rallied 13 percent against the dollar as the Fed cut rates amid the worst housing slump in a quarter of a century and $190 billion of U.S. subprime-mortgage-related losses and markdowns at the world's biggest financial institutions.
    2008-03-13 10:02:00

  • Homebuilders rally on proposed plan to stem rise in foreclosures

    CNBC - ... of major homebuilders rose sharply Thursday after the government unveiled a new plan to "stem the significant rise in mortgage ... A decline in foreclosure rates would help stabilize home prices by putting fewer homes in an already crowded housing market
    2008-03-13 09:48:00

  • Fed, central banks try again to ease credit crisis

    USA Today - In recent days mortgage rates have actually been rising. The new lending initiative "is intended to promote liquidity in the financing markets for Treasury and other collateral and thus to foster the functioning of financial markets more generally ...
    2008-03-11 11:30:00

  • Henry Paulson mortgage reforms fail to support dollar

    Times Online - Wall Street started betting on an emergency US interest rate cut today as it slammed mortgage market reforms from US Treasury ... But both began to rally as expectation grew that the Fed would not wait until next week to cut rates, but would take ...
    2008-03-13 10:23:00

  • US seeks more regulations for mortgage brokers, financial institutions ...

    Forbes - ... Federal Reserve would soon issue new rules that would protect consumers, including by mandating more disclosure about the nature of mortgage loans. This would include more clarity on the real costs of a loan throughout its life, such as when rates ...
    2008-03-13 07:53:00

  • Foreclosures rising at Countrywide

    Boston Globe - CALABASAS, Calif.— Mortgage lender and servicer Countrywide Financial Corp. said Thursday delinquency rates declined slightly in February compared with the previous month, while foreclosure rates continued to rise. Delinquencies rates on loans ...
    2008-03-13 09:48:00

  • Chrysler to shut down all operations for 2 weeks in July

    Minneapolis Star Tribune - DETROIT - Chrysler LLC is telling employees worldwide to take a mandatory two-week vacation in July. ... Paulson urges tighter mortgage oversight Mortgage rates jump again Target to sell half of credit portfolio Allina CEO says the time to ...
    2008-03-13 10:02:00

  • Paulson Urges Tighter Mortgage Oversight

    Seattle Times - These borrowers were especially clobbered when the housing slump dragged down home prices and mortgage rates rose. Home foreclosures and late payments skyrocketed as these borrowers found it increasing difficult _ if not impossible _ to afford their ...
    2008-03-13 10:30:00

  • UPDATE1-U.S. 30-, 15-year mortgage rates rise in latest week

    Reuters - WASHINGTON, March 13 (Reuters) - U.S. 30- and 15-year mortgage rates rose in the latest week, home funding giant Freddie Mac (FRE.N: Quote , Profile , Research ) said on Thursday. U.S. 30-year mortgage rates averaged 6.13 percent compared with 6.03 ...
    2008-03-13 09:12:00

  • Mortgage rates jump again

    Miami Herald - Rates on 30-year mortgages increased this week for the fourth time in the past five weeks. Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.13 percent this week, up from 6.03 percent last week. Rates ...
    2008-03-13 09:05:00

  • Rules revised on sanitary sewer laterals in North Huntingdon

    Pittsburgh Post-Gazette - Petrosky said the authority plans to schedule a meeting with real estate agents doing business in the township, mortgage companies and closing firms to explain provisions of the new inspection program.
    2008-03-13 03:00:00

  • TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT

    CNBC - 2008-03-13 15:28:14 Paulson urges tighter mortgage oversight WASHINGTON (AP) - Treasury ... 2 bln rupees long term debt programme after considering the combined financial and business profiles of all the companies in ...
    2008-03-13 08:57:00

  • European Stocks Post Biggest Drop in Two Weeks; UBS Shares Fall

    Bloomberg - March 13 (Bloomberg) -- European stocks dropped the most in two weeks after Carlyle Group's mortgage-bond fund moved closer ... Profits for companies in the Stoxx 600 Index will probably rise only 3.3 percent this year, down from 11 percent predicted at ...
    2008-03-13 08:57:00

  • Remodeling a growing option

    Marietta Times - There will be 40 vendors, including construction contractors, developers, painting companies, insulation companies, mortgage companies and real estate companies.
    2008-03-13 05:16:00

  • Centerline Holding Company Declares Common Dividend Per Share for the ...

    Forbes - ... changes in applicable laws and regulations; our tax treatment, the tax treatment of our subsidiaries and the tax treatment of our investments; competition with other companies; risk of loss from direct and indirect investments in commercial mortgage ...
    2008-03-13 05:37:00

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