Mortgage and Financial News From 2008-2-6 Page 13

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  • MBIA to Sell Stock in Effort to Ensure AAA Bond Rating (NYTimes.com via Yahoo! Finance)

    The bond insurance company MBIA said on Wednesday that it planned to sell $750 million in common stock as it tries to maintain its crucial AAA credit rating.
    2008-02-06 08:39:00

  • Republicans join to block stimulus bill (Muzi)

    The fate of $600-$1,200 rebate checks for more than 100 million Americans is in limbo after Senate Republicans blocked a bid by Democrats to add $44 billion in help for the elderly, disabled veterans, the unemployed and businesses to the House-passed economic aid package.
    2008-02-06 08:42:07

  • Need Help Avoiding Foreclosure? (The Bradford Era)

    (ARA) - Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them? If so, you may be in danger of losing your home to foreclosure, something you want to avoid at all costs.
    2008-02-06 08:54:23

  • MARKET SNAPSHOT: Stocks Resume Tuesday's Steep Decline As Fed Official ...

    CNN Money - ... DJI) fell into negative territory after Plosser warned against easing rates too ... Tuesday's report, which had service-sector activity in January hitting its lowest ... The Mortgage Bankers Association reported applications for mortgages rose a ...
    2008-02-06 12:01:00

  • Goldman's Viniar Says Fear Rules in Credit Markets

    Bloomberg - ... from Monaco, is the largest outside investor in Northern Rock, the U.K. mortgage ... TREASURIES FALL AS 10-YEAR AUCTION DRAWS LOWEST YIELD SINCE '78 ... since 2002, as traders bet the Federal Reserve will keep cutting interest rates to ...
    2008-02-06 03:21:00

  • Australian stock market loses $46bn, more coming

    News.com.au - The S&P/ASX 200 index fell to its lowest level in four sessions, losing 183.5 ... The Commonwealth Bank shed 2.6 per cent after increasing its mortgage rate by more ... Banks are seen as suffering margin pressure when rates rise. Investment banks also ...
    2008-02-06 12:58:00

  • Dollar May Gain Versus Euro Before ECB Might Signal Slow Growth

    Bloomberg - ... 23 versus the euro on speculation the ECB's reluctance to lower interest rates may ... benchmark from 1999 until August, when the collapse of the U.S. subprime-mortgage ... Japan's 0.5 percent benchmark is the lowest among developed nations. ...
    2008-02-06 03:42:00

  • Dollar Retreats Versus Mexican Peso - RTT News

    Dollar Retreats Versus Mexican PesoRTT News, NY - 10 hours agoMeanwhile, MBA data revealed that US mortgage applications rose last week to their highest level in nearly four years. 2/6/2008 11:28:21 AM The sterling was ...
    2008-02-06 09:45:54

  • Survey Finds Real Estate Agents Optimistic After Fed's Rate Cut - PR-USA.net (press release)

    Survey Finds Real Estate Agents Optimistic After Fed's Rate CutPR-USA.net (press release), Bulgaria - 9 hours agoWith 30 year mortgage rates already at the lowest levels since the summer of 2005 a survey of real estate agents and brokers subscribed to LeadToRealty.com ...
    2008-02-06 10:54:32

  • First BanCorp Reports Earnings for the Year and Quarter Ended ... - FOXBusiness

    First BanCorp Reports Earnings for the Year and Quarter Ended ...FOXBusiness - 9 hours agoAn intra-quarter decrease in interest rates provided market opportunities to sell securities, mostly lower yielding mortgage-backed securities and US ...
    2008-02-06 11:11:24

  • Australian stock market loses $46bn, more coming - NEWS.com.au

    Australian stock market loses $46bn, more comingNEWS.com.au, Australia - 7 hours agoThe S&P/ASX 200 index fell to its lowest level in four sessions, losing 183.5 points or 3.2 per cent to 5609.4. The All Ordinaries shed almost 3 per cent to ...
    2008-02-06 12:31:10

  • MARKET SNAPSHOT: Stocks Resume Tuesday's Steep Decline As Fed ... - CNNMoney.com

    MARKET SNAPSHOT: Stocks Resume Tuesday's Steep Decline As Fed ...CNNMoney.com - 7 hours agoUp more than 100 points during the session, the Dow Jones Industrial Average ( DJI) fell into negative territory after Plosser warned against easing rates ...
    2008-02-06 12:32:17

  • Yen Rises to Two-Week High Against Euro as Volatility Increases - Bloomberg

    Yen Rises to Two-Week High Against Euro as Volatility IncreasesBloomberg - 7 hours agoThe pound fell versus 15 of 16 most-active currencies after a report showed consumer confidence dropped to the lowest in at least three years during January ...
    2008-02-06 12:38:09

  • Dollar May Gain Versus Euro Before ECB Might Signal Slow Growth - Bloomberg

    Dollar May Gain Versus Euro Before ECB Might Signal Slow GrowthBloomberg - 6 hours ago23 versus the euro on speculation the ECB's reluctance to lower interest rates may hamper economic growth. The dollar also rose to a two-week high against ...
    2008-02-06 02:07:36

  • Cincinnati Financial Corp. Q4 2007 Earnings Call Transcript - Seeking Alpha

    Cincinnati Financial Corp. Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 5 hours agoFirst we recorded our lowest catastrophe loss ratio since 1991. Second, savings from favorable development on prior period reserves were well above our ...
    2008-02-06 02:46:47

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