Mortgage and Financial News From 2008-2-6 Page 18

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  • Hope Now: 8 percent of borrowers helped

    CNBC - Jim Carr, chief operating officer of the National Community Reinvestment Coalition, said a federally funded effort to refinance loans is needed. "Private, voluntary actions won't fix the problem," the consumer group leader said. Carr cited a January ...
    2008-02-06 03:35:00

  • Senate fails to support broad stimulus package in procedural vote

    Forbes - The Democrats' broader stimulus package bill would also extend unemployment insurance, allow companies to backdate operating losses to prior years, fund state and local efforts to refinance mortgages, and offer a range of energy-related tax breaks ...
    2008-02-06 03:42:00

  • Investors back team from Rock

    Financial Times - This would be achieved through retaining fewer existing customers who will refinance elsewhere as they come to the end of mortgage deals. Mr Thompson, a former chief executive of Resolution Life, plans to repay the government within three years and ...
    2008-02-06 05:51:00

  • Senate Republicans block Democrats' attempt to add more than $40B to ...

    International Herald Tribune - The bill also includes $10 billion (€6.8 billion) in tax-free mortgage revenue bonds to help homeowners refinance subprime loans. Reid denied Republicans an opportunity to change the measure, provoking the stalling tactic that the Democrats lacked ...
    2008-02-06 06:06:00

  • Rio Tinto rejects BHP's $165bn bid - PerthNew

    Rio Tinto rejects BHP's $165bn bidPerthNew, Australia - 4 hours agoThe money will be used to fund a $US30 billion share buyback once the deal is completed and there remainder will refinance Rio's existing borrowing. ...
    2008-02-06 02:36:27

  • Hope Now: 8 Percent of Borrowers Helped - Houston Chronicle

    Hope Now: 8 Percent of Borrowers HelpedHouston Chronicle, United States - 4 hours agoJim Carr, chief operating officer of the National Community Reinvestment Coalition, said a federally funded effort to refinance loans is needed. ...
    2008-02-06 02:50:41

  • GSEs should help erase some mortgage debt: Schumer - Reuters

    GSEs should help erase some mortgage debt: SchumerReuters - 3 hours agoSchumer called on the two mortgage finance companies to set an industry standard by letting troubled borrowers refinance to the true worth of homes devalued ...
    2008-02-06 03:02:07

  • Jim Cramer: Data 'Commoditized'; Bloomberg Is 'Google Of Data' - Forbes

    Jim Cramer: Data 'Commoditized'; Bloomberg Is 'Google Of Data'Forbes, NY - 3 hours agoBankingMyWay: On BankingMyWay, which TheStreet.com recently acquired: “What I really in the end is to refinance… I put in my zip code and it has the seven ...
    2008-02-06 03:08:53

  • Dealwatch: PE-backed bankruptcies - The Daily Deal (subscription)

    Dealwatch: PE-backed bankruptciesThe Daily Deal (subscription), NY - 3 hours agoClayton, Dubilier & Rice-backed moving van group Sirva filed for protection to refinance its debt. As The Deal's Ben Fidler and Lou Whiteman noted of ...
    2008-02-06 03:27:06

  • Bankrate Shares Fall on Weak 4Q Results - Forbes

    Bankrate Shares Fall on Weak 4Q ResultsForbes, NY - 3 hours agoSunTrust Robinson Humphrey analyst Andrew W. Jeffrey also maintained a "Buy" rating, predicting that the uptick in mortgage refinance volume and Bankrate's ...
    2008-02-06 03:31:49

  • Senate stimulus plan falls one vote short - MarketWatch

    Senate stimulus plan falls one vote shortMarketWatch - 3 hours agoThe Senate plan would have also allowed municipalities to issue tax-exempt bonds to help refinance subprime mortgages. The extension of unemployment ...
    2008-02-06 03:38:10

  • Do you feel possessed by your credit cards? - Atlanta Journal Constitution

    Do you feel possessed by your credit cards?Atlanta Journal Constitution,  USA - 3 hours agoThey were able to refinance and suddenly they didn't have the cushion. All they had were large bills." As if that weren't enough, your credit card companies ...
    2008-02-06 03:39:28

  • Rate rise: how to save your home - Ninemsn

    Rate rise: how to save your homeNinemsn, Australia - 3 hours ago"Refinance now, consider buying shares in the bank that you are going to be dealing with in order to get discounts on interest up to 0.7 percent. ...
    2008-02-06 03:46:05

  • Senate fails to support broad stimulus package in procedural vote - Forbes

    Senate fails to support broad stimulus package in procedural voteForbes, NY - 3 hours ago... fund state and local efforts to refinance mortgages, and offer a range of energy-related tax breaks for companies and individuals. ...
    2008-02-06 03:46:39

  • MadMo Likes Mike - CNBC

    MadMo Likes MikeCNBC, NJ - 3 hours agoCramer offered Huckabee his own plan, calling for more rate cuts so homeowners can refinance and the intervention of the Federal Housing Authority to ...
    2008-02-06 03:55:38

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