Mortgage and Financial News From 2008-1-30 Page 49

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• Refinance.com Cites Lowest Mortgage Rates Since March 2004 After ... - PR Newswire (press release)

  Refinance.com Cites Lowest Mortgage Rates Since March 2004 After ...PR Newswire (press release), NY - 1 hour agoWe urge homeowners to immediately contact lenders with expertise in mortgage refinancing and explore various alternatives such as FHA fixed rate insured ...
  2008-01-30 11:35:28

• Brownouts and economic storms - Financial Times

  Brownouts and economic stormsFinancial Times, UK - 1 hour agoGB: So some lenders are in too deep. What do you want? A rescue plan for the Cleveland first mutual? Call the Fed. This is a US problem. ...
  2008-01-30 11:36:44

• Q4 2008 United Community Banks Earnings Conference Call - Final - Insurance News Net (press release)

  Q4 2008 United Community Banks Earnings Conference Call - FinalInsurance News Net (press release), PA - 1 hour agoThe key to this strategy is to continue to add experienced lenders in those markets, and we have made good progress over the past quarter. ...
  2008-01-30 11:38:28

• RAW DATA: FOMC Cuts Fed Funds Rate to 3% Citing 'Stress' in ... - FOXBusiness

  RAW DATA: FOMC Cuts Fed Funds Rate to 3% Citing 'Stress' in ...FOXBusiness - 55 minutes agoOne concern is that by holding out the prospect of further cuts, borrowers and lenders may sit on the sidelines before making lending decisions. ...
  2008-01-30 11:42:49

• Sector Glance: Mortgage Insurers - Houston Chronicle

  Sector Glance: Mortgage InsurersHouston Chronicle, United States - 48 minutes agoMortgage insurers write insurance policies promising to repay mortgage lenders when borrowers miss payments on their loans. Stocks in the sector have ...
  2008-01-30 11:49:44

• WaMu Finds a Believer - TheStreet.com

  WaMu Finds a BelieverTheStreet.com - 45 minutes agoWaMu, like other lenders including Countrywide Financial (CFC - Cramer's Take - Stockpickr), stumbled last year as home prices declined, borrower defaults ...
  2008-01-30 11:53:21

• Sector Glance: Mortgage Lenders Mixed - Forbes

  Sector Glance: Mortgage Lenders MixedForbes, NY - 42 minutes agoAP 01.30.08, 2:48 PM ET Shares of mortgage lenders traded lower Wednesday after the Federal Reserve slashed a key short-term interest rate by a half-point ...
  2008-01-30 11:56:19

• Bank of Montreal, Canadian Imperial, Cut Bonuses on Writedowns - Bloomberg

  Bank of Montreal, Canadian Imperial, Cut Bonuses on WritedownsBloomberg - 33 minutes ago30 (Bloomberg) -- Bank of Montreal and Canadian Imperial Bank of Commerce scrapped bonuses for some of their top executives in 2007 after the two lenders ...
  2008-01-30 12:04:59

• I Defaulted My Student Loan: What Should I Do? - American Chronicle

  I Defaulted My Student Loan: What Should I Do?American Chronicle, CA - 23 minutes agoHowever, there are alternatives to get back on track and obtain rehabilitation of your student loans with proper negotiations with the lenders or collection ...
  2008-01-30 12:14:38

• Wachovia CEO: No Acquisitions in '08 - Forbes

  Wachovia CEO: No Acquisitions in '08Forbes, NY - 22 minutes ago(nyse: BAC - news - people ) chief executive Ken Lewis late last year, just weeks before his bank agreed to buy California-based mortgage lender Countrywide ...
  2008-01-30 12:15:44

• Who's in the FBI's Crosshairs? - Motley Fool

  Who's in the FBI's Crosshairs?Motley Fool - 22 minutes agoSome were land owners, developers, sales agents, appraisers, mortgage brokers/bankers and even title insurance (providers) all in the same deal. ...
  2008-01-30 12:16:12

• SocGen winds up warehouse finance - The Sheet

  SocGen winds up warehouse financeThe Sheet, Australia - 20 minutes ago... the warehouse facilities it has provided to local lenders will expire. Last Friday Allco Max Securities and Mortgage Trust, a credit arbitrage fund, ...
  2008-01-30 12:17:47

• FBI investigates banks - Sky News Australia

  FBI investigates banksSky News Australia, Australia - 15 minutes agoIn the United States, the FBI has launched a probe into 14 companies, surrounding the sub-prime mortgage crisis and improper lending. ...
  2008-01-30 12:23:14

• Putting it in Reverse - Gold Seek

  Putting it in ReverseGold Seek - 11 minutes agoReuters reports that the mortgage lender posted a loss for the fourth quarter of $421 million. House prices are still falling in Britain and America, ...
  2008-01-30 12:26:33

• Increased tracker margins wipe out effect of bank rate cut - Easier (press release)

  Increased tracker margins wipe out effect of bank rate cutEasier (press release), UK - 4 minutes agoMost do not realise that their lender is obliged to look upon their situation sympathetically and even offer remedial options. A mortgage broker is also a ...
  2008-01-30 12:33:38

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