Mortgage and Financial News From 2008-2-21 Page 16

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  • Not that many will benefit from higher conforming mortgage limits

    Marketwatch - ... by Fannie Mae and Freddie Mac, the two government-sponsored enterprises charged with brining liquidity to the mortgage market ... The law requires the FHA to calculate the ceilings and put them in place within 30 days after the President signs the ...
    2008-02-18 03:57:00

  • Rubbish’ mortgages not nationalised

    Financial Times - ... Darling told him. “Contrary to some suggestions, the Financial Services Authority advises that Northern Rock’s mortgage ... A draft order published by the Treasury says an independent valuer will calculate a price based on the assumption that the ...
    2008-02-20 03:04:00

  • Out of power?

    Financial Times - ... business into the realm of structured finance too, offering guarantees against the chance that complex bundles of mortgage ... However, analysts now calculate that the monolines, too, could eventually face $34bn of losses as insurance contracts are ...
    2008-02-20 03:26:00

  • Hatteras Financial Corp. Files for IPO

    Forbes - ... but this figure was estimated solely to calculate the registration fee and may change. Hatteras plans to use proceeds from the offering, as well as borrowings, to acquire adjustable-rate and hybrid adjustable rate single-family residential mortgage ...
    2008-02-20 03:19:00

  • Consider a reverse mortgage

    CNN Money - The older you are, the more likely you are to benefit from a reverse mortgage according to AARP. First, you'll probably have built up more equity in your home. And lenders calculate the payout based on your age and your expected lifespan.
    2008-02-20 08:24:00

  • Consider a reverse mortgage (CNNMoney.com via Yahoo! Finance)

    Mortgage payments sucking you dry? Boomers short on retirement savings may have another option: reverse mortgages. Can these complicated products fill the gap?
    2008-02-20 02:41:00

  • (AFX UK Focus) 2008-02-20 23:33 GMT: Hatteras Financial Corp. files for IPO (Interactive Investor)

    NEW YORK (AP) - Real estate investment trust Hatteras Financial Corp. on Wednesday filed for an initial public offering of common stock, but did not disclose any terms in its filing with the Securities and Exchange Commission.
    2008-02-20 03:49:51

  • Some answers about the state's spending plan and fiscal mess (The Sacramento Bee)

    The state budget has a mysterious language all its own. Budgeteers, for instance, call the future "out years" and can talk for hours about the difference between Proposition 98's "Test Two" and "Test Three." (Don't even ask about Test One.)
    2008-02-21 12:18:28

  • Freddie Mac Monthly Volume Summary: January 2008 (PR Newswire via Yahoo! Finance)

    The following is being issued by Freddie Mac :
    2008-02-21 05:30:00

  • Coldwell Banker Real Estate Agents Get Connected With the Sprint Palm Centro (Centre Daily Times)

    Real estate agents armed with Sprint Palm(R) Centro(TM) smartphones are learning how to stay connected to the resources, information, and people they need at every stage of the deal, thanks to Palm, Inc. (Nasdaq:PALM) Craig Tellalian, strategic account manager at Palm, is demonstrating how real estate professionals can:
    2008-02-21 05:31:11

  • Fed cuts growth forecast as US inflation and jobless level rise

    Times Online - For “prime” credit-worthy homebuyers, Capital Economics reported rates for 30-year fixed-rate mortgages have now risen to 6.09 per cent, up from only 5.5 per cent a month ago, and 5.72 per cent as recently as last week. The interest rate on high ...
    2008-02-20 11:54:00

  • Should You Buy It? Don't Put Yourself In Coach

    Street.Com - My prime role here at TheStreet.com is to analyze value stocks like Coach, which I do regularly for TheStreet.com Value ... Despite the recent short-term interest rate cuts and upcoming tax rebates, I believe that consumer spending will be flat to down ...
    2008-02-21 03:07:00

  • BAE Profit Gains 28% as U.S. Purchases Tap War Budget (Update2)

    Bloomberg - Earnings before interest, tax and amortization rose to 777 million pounds ($1.5 ... The U.K. currently plans to raise spending 1.5 percent more than the annual rate ... orders placed by the oil- rich kingdom was called off in December 2006 after Prime ...
    2008-02-21 03:43:00

  • IT, metals help market overcome volatility

    Economic Times - Banks were under pressure mainly on account of the prime lending rate cut by various banks, which is expected to put some pressure on their net interest margins.
    2008-02-21 04:33:00

  • TFN NEWS BRIEFING: Oil and utilities highlights to 09:15 GMT

    CNBC - ... 42:14 Kazakh PM Masimov bans new production sharing agreements ASTANA, Kazakhstan (Thomson Financial) - Kazakh Prime ... gains on Wall Street overnight as investors focused on the Federal Reserve's apparent commitment to further interest rate cuts in ...
    2008-02-21 02:32:00

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