Mortgage and Financial News From 2008-2-15 Page 6

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  • Flu Kills SoCal Child (NBC 7/39 San Diego)

    SANTA ANA, Calif. -- State health officials said Friday that a child from Orange County has died from the flu this year. It's the state's first influenza-related pediatric death this flu season.
    2008-02-15 09:46:38

  • Rates on 30-Year Mortgages Rise (WJLA-TV Washington D.C.)

    Rates on 30-year mortgages rose to the highest level in five weeks but still remained below the 6 percent level.Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.72 percent this week, up from 5.67 percent last week.
    2008-02-15 09:50:44

  • Weird News: The truth is so inefficient (Mankato Free Press)

    As the home-mortgage industry continued to reel in January from the Countrywide Financial Corp. debacle, a federal bankruptcy judge learned that the company, in at least one case (with others suspected), had not only backdated crucial documents but fabricated them altogether and then told the judge the company was merely trying to be “efficient.”
    2008-02-15 09:56:46

  • Countrywide delinquent loans on rise (Bradenton Herald)

    Countrywide Financial Corp. said Friday home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments.
    2008-02-15 09:58:36

  • KV Pharmaceutical Company Completes Unaudited Fiscal 2007 Results ...

    MSN MoneyCentral - Such factors include (but are not limited to) the following: (1) changes in the current and future business environment, including interest rates and capital and consumer spending; (2) the difficulty of predicting FDA approvals, including timing ...
    2008-02-15 05:16:00

  • UPDATE 2-Fed will continue to act decisively, Mishkin says

    Forbes - While the current strains in financial markets are likely to persist for some time, there have been instances when ... Interest rates in term markets provide some evidence that the (term auction facility) may have had significant beneficial ...
    2008-02-15 12:40:00

  • Clinton's claws out in US race

    News.com.au - The New York senator stressed her proposals for a 90 day moratorium on home foreclosures and a cap on credit card interest rates ... runner John McCain also scored a big endorsement - that of former president George HW Bush, the father of the current ...
    2008-02-15 07:42:00

  • Alberta Liberals would reduce tuition, improve student loans

    Globe and Mail - Taft said his party would improve Alberta's student loan program, such as reducing interest rates to prime. RETURNING OFFICERS ... being unfairly tarred by the Liberals over the process used for their selection. Mr. Glens did concede Alberta's current ...
    2008-02-15 08:54:00

  • US CEOs: Fed's done good job of handling downturn

    Reuters - While they would have liked to see faster action, the executives said the Fed's aggressive move to cut interest rates by 1.25 percentage points and the $168 billion stimulus package enacted by Congress should prevent the current U.S. economic ...
    2008-02-15 10:24:00

  • Fitch Rates $575MM Nabors Sr. Note Offering 'A-'; Outlook Stable

    Forbes - Fitch Rates $575MM Nabors Sr. Note Offering 'A-'; Outlook Stable 02.15.08, 11:19 ... Fitch currently considers Nabors to be at the weak end of the current rating ... Dec. 31, 2007 are based on estimated EBITDA of $1.738 billion, and provided interest ...
    2008-02-15 08:22:00

  • Just stumbled upon an interesting statistic that might interest ...

    Lanka Business Online - Sri Lankan university students, out of self interest, thwarted all govenment ... or bureaucrat addressed this issue and having a classification based on current ... Manufacturing low value goods is associated with cheap exchange rates. This ...
    2008-02-15 07:49:00

  • ECB's Papademos: Markets not always right on rates

    Guardian Unlimited - ... President Jean-Claude Trichet over the past week -- that no one at the ECB had discussed changing the level of interest rates at ... For the current situation this means our monetary policy must encompass the goal of ensuring price stability over the ...
    2008-02-15 10:10:00

  • Pickfords set to be snapped up by major rival

    Times Online - Liabilities were balanced in large part by £24.6 million of inter-company loans, including a £13 million promissory note to Sirva UK, rolling up interest at the high rate of 4 per cent above Libor, worth 10.65 per cent at current rates. Most other ...
    2008-02-15 03:39:00

  • Numbers add up to more than one rate rise

    News.com.au - IF you think interest rates may only rise once more, think again. The official cash rate could easily rise from the current 7 per cent to 8 per cent, if the world economy slows only modestly to just below trend growth, as the Reserve Bank forecasts ...
    2008-02-15 06:49:00

  • Credit squeeze, rates outlook hit banks

    News.com.au - Future movements of the Reserve Bank's interest rates are lurking at the centre of the current uncertainty. The employment numbers this week, which pushed the jobless rate south to 4.1 per cent, sealed the case that the central bank will take the ...
    2008-02-15 07:57:00

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