Mortgage and Financial News From 2008-2-15 Page 15
Previous Day: 2008-02-14
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Wachovia, PNC and BofA roll out a parade of bad news about ... - AOL Canada
Wachovia, PNC and BofA roll out a parade of bad news about ...AOL Canada, Canada - 27 minutes agoThe disclosures come as a number of US banks have forecast increasing credit losses in the wake of last summer's subprime mortgage crisis. ...
2008-02-15 04:48:50 -
Bond insurer FGIC plans to split in two - Reuters
Bond insurer FGIC plans to split in twoReuters - 3 minutes agoBy Dan Wilchins NEW YORK (Reuters) - FGIC Corp, a bond insurer that has lost its top credit ratings, has told New York regulators it wants to split into two ...
2008-02-15 05:12:57 -
How Las Vegas transport gamble turned into a one-track ride to ruin (Guardian Unlimited)
Business & money: Wall Street is bracing itself for impact when monoline and monorail collide
2008-02-15 04:29:06 -
Benny Kass: Refinancing isn't for all, but look at home equity line of credit (San Antonio Express-News/KENS 5)
Dear Benny: I have an adjustable-rate mortgage with one more year to go. When is the best time to refinance? Also, should I get an equity line of credit for household emergencies or home improvements?
2008-02-15 04:30:56 -
Inland consumer confidence falls as does U.S. trend (The Press-Enterprise)
The news that taxpayers will receive rebate checks by spring apparently did little to assuage fears that the economy is in a tailspin. Consumer confidence fell to a 16-year low this month, as shoppers are taking notice of a declining home values, a weak job market and consistently high gas prices.
2008-02-15 04:47:28 -
Pipe Break Damages Courthouse (Local 10 Miami)
A water-pipe break causes plenty of damage to the Broward County Courthouse damaging offices and files.
2008-02-15 04:53:53 -
Obama To Deliver Major Economic Policy Address At Janesville General ...
All American Patriots - We know that we cannot reverse the tide of technology that's allowed businesses to send jobs wherever there's an internet ... We'd also help those who are facing closure refinance their mortgages so they can stay in their homes. And I'd provide ...
2008-02-12 03:57:00 -
Provident Financial Services Q4 2007 Earnings Call Transcript
Stockhouse Canada - Were going to reverse our usual order and have Linda first take you through the results in detail, and then Ill follow with ... the implosion of the subprime lending industry and the inability of many potential homebuyers to obtain conventional mortgages
2008-02-15 12:54:00 -
Free seminars on reverse mortgages
Portsmouth Herald - Reverse mortgages help strengthen personal and financial independence of senior citizens by providing a source of funds without the usual monthly payment burden. Seniors retain ownership of their home for life — as long as routine maintenance ...
2008-02-15 06:42:00 -
Some Cities Are Spared the Slide in Housing - The Ledger
Some Cities Are Spared the Slide in HousingThe Ledger, FL - 13 hours agoBut he added, “If we go into a recession, it’s possible some markets will reverse themselves.” Austin is a good example of a real estate market that was ...
2008-02-15 03:13:49 -
Provident Financial Services Q4 2007 Earnings Call Transcript - Seeking Alpha
Provident Financial Services Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 5 hours agoWe’re going to reverse our usual order and have Linda first take you through the results in detail, and then I’ll follow with some additional commentary. ...
2008-02-15 11:00:29 -
Free seminars on reverse mortgages (Hampton Union)
Reverse mortgages help strengthen personal and financial independence of senior citizens by providing a source of funds without the usual monthly payment burden. Seniors retain ownership of their home for life — as long as routine maintenance,...
2008-02-15 09:38:03 -
More jobs cuts for Wall Street banks
News.com.au - Some of the securities industry's biggest profit drivers -- mortgages, junk bonds and leveraged buyouts -- have been stopped ... Financial services firms eliminated more than 52,500 jobs in the second half of last year, a New York City official said ...
2008-02-15 02:06:00 -
Allied Waste, Heinz, SonoSite, Ultralife: U.S. Equity Movers
Bloomberg - ... said bond insurers, whose shares have tumbled in the past year as the value of securities backed by subprime mortgages they guarantee fell, must raise new capital within days or face government intervention. Ambac Financial Group Inc., the second ...
2008-02-15 01:01:00 -
Investment-Grade Defaults to Rise, Credit Models Show (Update2)
Bloomberg - Feb. 15 (Bloomberg) -- The seizure in the credit markets caused by the collapse of subprime mortgages is making investors ... Seven companies defaulted last month, including Quebecor World Inc., North America's second-biggest publicly traded printer ...
2008-02-15 12:33:00
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