Mortgage and Financial News From 2008-1-9 Page 32

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  • Thornburg Mortgage Announces the Launch of Two Concurrent Public ... - Business Wire (press release)

    Thornburg Mortgage Announces the Launch of Two Concurrent Public ...Business Wire (press release), CA - 3 minutes agoThese forward-looking statements are based on current expectations, estimates and projections, and are not guarantees of future performance, ...
    2008-01-09 02:08:03

  • Ameriana to Expand Indianapolis Area Footprint with New Banking Center in Fishers, Indiana (Business Wire via Yahoo! Finance)

    NEW CASTLE, Ind.----Jerome J. Gassen, President and Chief Executive Officer of Ameriana Bancorp , today announced plans to open a new full-service banking center in Fishers, Indiana, northeast of Indianapolis.
    2008-01-09 01:16:00

  • Countrywide home loan delinquencies rise (Lexington Herald-Leader)

    Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and for the entire mortgage sector. The company also reported that it had funded $23.5 billion in loans in ...
    2008-01-09 01:16:43

  • Ameriana to Expand Indianapolis Area Footprint with New Banking Center in Fishers, Indiana (Centre Daily Times)

    Jerome J. Gassen, President and Chief Executive Officer of Ameriana Bancorp (NASDAQ: ASBI), today announced plans to open a new full-service banking center in Fishers, Indiana, northeast of Indianapolis. The new banking center will be located at 11521 Olio Road in an existing bank facility and will be Ameriana Bank's fifth location in the greater Indianapolis area and its twelfth across central ...
    2008-01-09 01:34:21

  • Countrywide says foreclosures highest on record (The Globe and Mail)

    NEW YORK (Reuters) - Countrywide Financial Corp, the largest U.S. mortgage lender, said on Wednesday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years.
    2008-01-09 01:35:31

  • What's Ahead for the Global Economy in 2008? Reports from the Knowledge@Wharton Network (Knowledge at Wharton)

    Though the subprime mess and rising oil prices slammed the U.S. economy during much of 2007, other emerging markets -- especially China and India -- seem to be on a roll. China's growth rate of more than 11% is likely to continue, and India, too, should be able to sustain a high rate of GDP growth, even if it slows from last year's 9%. Latin America, meanwhile, is cautiously optimistic but could ...
    2008-01-09 01:58:42

  • Rumors Send Countrywide to the Chopping Block (The Motley Fool)

    Could hard times mean bye-bye, Miss American pie?
    2008-01-09 01:59:29

  • Thornburg Mortgage Announces the Launch of Two Concurrent Public Offerings (Business Wire via Yahoo! Finance)

    SANTA FE, N.M.----Thornburg Mortgage, Inc. , announced today that it is commencing two concurrent public offerings to raise approximately $200 million in additional long-term capital.
    2008-01-09 02:05:00

  • Thornburg Mortgage Announces the Launch of Two Concurrent Public Offerings (Finanzen.net)

    Thornburg Mortgage, Inc. (NYSE: TMA), announced today that it is commencing two concurrent public offerings to raise approximately $200 million in additional long-term capital. One offering is for an additional 4,500,000 shares of ...
    2008-01-09 02:09:35

  • City Of Baltimore Suing Wells Fargo

    HULIQ.com - ... city of Baltimore is taking a stand against Wells Fargo claiming that they targeted African Americans with high risk home ... As much as $5,000 per homeowner could be awarded to help make mortgage payments until homeowners are able to refinance. See the ...
    2008-01-09 10:11:00

  • Mortgage rates below 6% signal opportunity

    Marketwatch - BOSTON (MarketWatch) -- Greg McBride, senior financial analyst for Bankrate.com, says interest rates on home loans have ... This is a good time for homeowners to refinance themselves out of ARM's way," McBride said, noting that many homeowners are due ...
    2008-01-09 01:17:00

  • Mortgage Lender's Bankruptcy Would Have Severe Impact on Consumers

    Forbes - ... lender, is on a collision course with bankruptcy, with potentially severe impacts on the ability of U.S. consumers to refinance ... many of its extraordinary financing options last year and is ill-prepared for the rising mortgage defaults and home ...
    2008-01-09 11:58:00

  • Mortgage rates fall to two-year low

    Salt Lake Tribune - Posted: 12:16 PM- Mortgage rates nationwide have fallen to two-year lows, making it easier for some to buy a home or refinance, a new report shows. The average rate for 30-year home loans fell last week to 5.73 percent from 6.05 percent the previous ...
    2008-01-09 12:34:00

  • SIVs Must Refinance $70 Billion This Year, Merrill Lynch Says

    Bloomberg - Jan. 9 (Bloomberg) -- Structured investment vehicles have $70 billion of medium-term debt maturing this year, according to Merrill Lynch & Co. analysts. Dresdner Bank AG's K2 Corp., Bank of Montreal's Links Finance Corp. and nine other SIVs have to ...
    2008-01-09 10:11:00

  • Mortgage applications up last week - CNNMoney.com

    Mortgage applications up last weekCNNMoney.com - 8 hours agoRefinance volume increased 53.9 percent during the week ending Jan. 4, while purchase volume jumped 14.7 percent. Refinance applications accounted for 57.7 ...
    2008-01-09 04:54:09

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