Mortgage and Financial News From 2008-1-9 Page 37

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  • CMSA Conference Marked By More Uncertainty - Retail Traffic

    CMSA Conference Marked By More UncertaintyRetail Traffic, NY - 1 hour ago"There is a question in that the assumed growth in the underwriting of some CMBS is too aggressive and that will pressure the mortgages," he said. ...
    2008-01-09 11:08:53

  • Boomers Can Follow Bills.com's 10-Year Countdown to Plan Financially Healthy Retirement (PRWeb via Yahoo! News)

    10 steps lay out retirement planning, year by year.
    2008-01-08 11:01:00

  • Boomers Can Follow Bills.com's 10-Year Countdown to Plan Financially Healthy Retirement (PRWeb)

    10 steps lay out retirement planning, year by year. (PRWeb Jan 9, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/TWFnbi1Qcm9mLUNvdXAtUGlnZy1Mb3ZlLVplcm8=
    2008-01-09 12:24:39

  • Baltimore sues over foreclosures (The News Journal)

    BALTIMORE -- Black neighborhoods in Baltimore were disproportionately affected by the subprime mortgage crisis, according to a lawsuit filed by city officials that seeks to recoup some of the cost of maintaining neighborhoods harmed by foreclosures.
    2008-01-09 01:13:09

  • Bonds can help bail out weak stock portfolios (Tacoma News Tribune)

    NEW YORK – The stock market’s performance in recent months no doubt has left some investors uttering four-letter words – one of which might be “bond.”
    2008-01-09 01:39:09

  • Fitch Expects to Rate MBIA $1B Surplus Note Offering 'AA' (Business Wire via Yahoo! Finance)

    NEW YORK----Fitch Ratings expects to assign an 'AA' rating to the $1 billion offering of surplus notes that MBIA Insurance Corp. , the financial guaranty insurance company subsidiary of holding company MBIA Inc. , intends to issue to the public in the next several days.
    2008-01-09 05:46:00

  • Fitch Expects to Rate MBIA $1B Surplus Note Offering 'AA' (Centre Daily Times)

    Fitch Ratings expects to assign an 'AA' rating to the $1 billion offering of surplus notes that MBIA Insurance Corp. (MBIA), the financial guaranty insurance company subsidiary of holding company MBIA Inc. (MBIA Inc.), intends to issue to the public in the next several days. The proceeds of this surplus note offering will be held at MBIA to increase its claims-paying resources. Fitch placed ...
    2008-01-09 06:03:15

  • Seniors seek property-tax relief (North Side Journal)

    Paul Meyer moved to Florissant 32 years ago. He is now paying more than three times as much in property taxes as he did back then.
    2008-01-09 08:55:44

  • BearingPoint, DuPont, Tredegar, Unisys: U.S. Equity Movers

    Bloomberg - The biggest U.S. mortgage lender said mortgages funded slumped 45 percent from a year earlier while foreclosures and late ... IndyMac Bancorp Inc. (IMB US), the second-largest U.S. independent mortgage lender, decreased 14 percent to $4.92 ...
    2008-01-09 10:46:00

  • U.S. Stock-Index Futures Gain; Alcoa, Bear Stearns Advance

    Bloomberg - Jan. 9 (Bloomberg) -- U.S. stock-index futures climbed as gold jumped to a record and crude oil rose for a second day ... for home loans to people with poor credit when two of its hedge funds, which invested in securities tied to the mortgages ...
    2008-01-09 02:47:00

  • Regulators start informal probe into MBIA

    Marketwatch - MBIA estimated Wednesday that it will be hit by $737 million of losses and loss adjustment expenses from the fourth quarter. More than $600 million of that is from securities backed by home equity lines of credit and second-lien mortgages that were ...
    2008-01-09 10:25:00

  • Mortgage giant has weak December

    BBC Business - Shares in US mortgage giant Countrywide Financial have fallen for a second straight day after it reported a 44% drop in home loan volumes in December. Last month Countrywide funded mortgages totalling $23.4bn (£12bn), compared with $41.7bn a year ...
    2008-01-09 09:35:00

  • Countrywide Home Loan Delinquencies Rise

    Forbes - Countrywide Financial Corp. 's shares tumbled for the second day Wednesday after the nation's largest mortgage lender said ... Countrywide's slate of adjustable rate mortgages fell by 75 percent, to $3.68 billion from $15.22 billion a year earlier. As of ...
    2008-01-09 10:54:00

  • Countrywide Says Mortgages in December Top Forecasts (Update1)

    Bloomberg - Countrywide Says Mortgages in December Top Forecasts (Update1) By David Mildenberg Jan. 9 (Bloomberg) -- Countrywide Financial ... Falling home prices and rising defaults cost Countrywide 79 percent of its market value last year, making it the second ...
    2008-01-09 04:56:00

  • Mortgage refinancing applications increase

    Philadelphia Inquirer - ... have been tightening underwriting requirements at the behest of federal regulators, and it is getting more difficult for people with credit problems to obtain mortgages, which has contributed to a the housing slowdown. Yesterday, and for the second ...
    2008-01-09 09:13:00

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