Mortgage and Financial News From 2008-2-21 Page 18

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  • Eurofresh ratings unaffected by commitment requirement - Moody's

    CNBC - BANGALORE (Thomson Financial) - Moody's Investors Service said the 'Caa3' corporate family rating and negative outlook on Eurofresh Inc's are unaffected by a requirement to have a signed commitment by March 31 to refinance obligations under an ...
    2008-02-19 10:44:00

  • Is It Time To Refinance?

    WTVF - NASHVILLE, Tenn. - Mortgage rates are again below 6 percent. Some local homeowners are already refinancing and they're finding out they can save a lot of money. A year ago, interest rates were around 6.3 percent. Those rates have dropped and more ...
    2008-02-18 03:57:00

  • Home loan demand plunges as interest rates rise

    USA Today - The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended Feb. 15 fell 22.6% to 822.from a week earlier.
    2008-02-20 08:02:00

  • Targeting subprime woes

    Herald Tribune - The measure would require more disclosure of what it would actually take to refinance the loan -- something advocates for borrowers say is a commonly misunderstood.
    2008-02-21 01:41:00

  • TRW Reports Fourth Quarter and Full Year 2007 Financial Results ...

    MSN MoneyCentral - Proceeds from the Facilities were used to refinance $2.5 billion of existing senior secured credit facilities and pay fees and expenses related to the refinancing.
    2008-02-21 03:57:00

  • Rising Inflation Limits the Fed as Growth Lags

    New York Times - ... all the right things — cutting rates, and saying they’ll do more — but it’s not doing anything,” said Michael Menatian, president of Sanborn Mortgage, based in West Hartford, Conn. “We have hundreds of customers who want to refinance, but ...
    2008-02-21 12:44:00

  • New loan rates up in the air for those trying to refinance

    San Francisco Gate - January February March April May June July August September October November December 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 The economic stimulus bill that President Bush signed Wednesday has plunged people who are ...
    2008-02-16 03:59:00

  • K2 rescue costs Dresdner $19bn

    Financial Times - SIVs exploited cheap funding in the short-term commercial paper market to invest in high-yielding credit assets, but have struggled to refinance themselves since fears over their asset quality took hold last summer.
    2008-02-21 04:26:00

  • Fla. Starts Foreclosure Fight

    The Ledger - The measure also would require more disclosure of what it would actually take to refinance the loan. Many borrowers are told not to worry about increasing interest because they can refinance again before the higher rates take effect.
    2008-02-21 03:07:00

  • Rebate check from state, too? (The Pantagraph)

    SPRINGFIELD — Gov. Rod Blagojevich wants to mail out election-year tax rebates worth at least $300 to 1.3 million Illinois families.
    2008-02-21 02:41:43

  • Market Report: A primer on subprime (The Heights)

    What caused an incredible number of defaults on subprime mortgages? Most will point to interest-rate resets. But that might not be the case - in 2007, default rates on subprime mortgages issued rose to 11.2 percent in November. These newly issued mortgages had not yet reached their reset date.
    2008-02-21 03:11:03

  • TRW Reports Fourth Quarter and Full Year 2007 Financial Results; Provides 2008 Outlook (PR Newswire via Yahoo! Finance)

    Highlights of 2007 Results Include:
    2008-02-21 04:00:00

  • K2 rescue costs Dresdner $19bn (FT.com via Yahoo! News)

    Dresdner Bank on Thursday said it would commit $19bn to its K2 structured investment vehicle as it revealed plans to cut back its investment banking acitivities in a move that has already cost 450 jobs.
    2008-02-21 04:30:18

  • IRS Summarizes Changes for Filing 2007 Returns

    WNEP-TV 16 - More information about the changes, summarized below, can be found on IRS.gov and in various IRS documents, including ... first or second home, must be used exclusively to buy, build or improve these homes, or alternatively, to refinance a mortgage ...
    2008-02-19 06:52:00

  • Latest News

    dBusinessNews.com - It’s Time to Buy, Time to Refinance, Time to Build With Mortgage Interest Rates at Their Lowest in Years – and They’re Likely to ... Trade reports that provide information on 32 industry categories of Louisiana exports ( NAICS ) and 97 ...
    2008-02-19 10:19:00

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