Mortgage and Financial News From 2008-2-6 Page 7

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  • Freddie Mac would isolate jumbo loans in MBS - Reuters

    Freddie Mac would isolate jumbo loans in MBSReuters - 6 hours agoBy Al Yoon LAS VEGAS, Feb 6 (Reuters) - Freddie Mac, the second biggest provider of funding for US residential mortgages, intends to keep jumbo loans out of ...
    2008-02-06 03:17:56

  • Evening Standard, London, business briefs column - Trading Markets (press release)

    Evening Standard, London, business briefs columnTrading Markets (press release), CA - 6 hours agoCHELSEA SEES FALL IN MORTGAGE DEMAND: Chelsea Building Society today warned demand for residential mortgages will fall in 2008 while raising money will also ...
    2008-02-06 03:49:38

  • Northern Rock faces 2400 job cuts under management's plans - Times Online

    Northern Rock faces 2400 job cuts under management's plansTimes Online, UK - 5 hours agoThe management team hopes to sell between £2billion and £3billion in mortgages every year, compared to almost £16billion in the first half of 2007, ...
    2008-02-06 04:09:24

  • Click here for an archive of Cramer's "Mad Money" recaps. - TheStreet.com

    Click here for an archive of Cramer's "Mad Money" recaps.TheStreet.com - 5 hours agoHe called Annaly "the king of all mortgage plays," saying it's one of the few lenders that actually buys mortgages with no credit risk. ...
    2008-02-06 04:53:02

  • 'Mo' McCain - AOL News Newsbloggers

    'Mo' McCainAOL News Newsbloggers, VA - 4 hours agoPeople paid their mortgages, and had some money left over. A vote for a Republican is like sending your kid's piggy bank straight to Bush's oil buddies in ...
    2008-02-06 05:21:37

  • GM, Ford optimistic on sales - BusinessWeek

    GM, Ford optimistic on salesBusinessWeek - 4 hours agoClarke said the majority of mortgages with adjustable rates will change over in the first two quarters of the year, and consumers have been planning for ...
    2008-02-06 05:32:02

  • Ramzy Baroud Discusses Palestine’s Post-Oslo Era - Washington Report on Middle East Affairs

    Ramzy Baroud Discusses Palestine’s Post-Oslo EraWashington Report on Middle East Affairs, DC - 4 hours agoBaroud, author of The Second Palestinian Intifada, spoke Oct. 15 in New Brunswick, NJ about what has happened since that moment of euphoria. ...
    2008-02-06 05:32:53

  • Primaries defy pundits, pollsters - San Francisco Chronicle

    Primaries defy pundits, pollstersSan Francisco Chronicle,  USA - 4 hours agoBut after the successful surge and the recent economic downturn in the United States, candidates now talk more about mortgages and illegal immigration than ...
    2008-02-06 05:46:58

  • National Australia Reaffirms Financial Outlook (Update1) - Bloomberg

    National Australia Reaffirms Financial Outlook (Update1)Bloomberg - 4 hours agoStewart didn't comment on whether his bank would raise interest rates on mortgages following the central bank's 25 basis point increase this week. ...
    2008-02-06 05:53:48

  • Governor proposes lender crackdown to ease foreclosure crisis - WDTN

    Governor proposes lender crackdown to ease foreclosure crisisWDTN, OH - 2 hours agoStrickland will seek to force lenders to provide six months' notice to homeowners with adjustable rate mortgages before their rate is reset to a higher ...
    2008-02-06 07:22:50

  • Buffett sitting on his wallet - Globe and Mail

    Buffett sitting on his walletGlobe and Mail, Canada - 1 hour ago... bargain-priced and there's more pain to come on Wall Street because of the debacle in US mortgages, says Warren Buffett, the world's second-richest man. ...
    2008-02-06 08:07:55

  • Half Year Accounts - Sydney Morning Herald

    Half Year AccountsSydney Morning Herald, Australia - 11 minutes agoThe joint venture anticipates sales and marketing to commence in the second quarter of the 2008 calendar year with construction to commence in the first ...
    2008-02-06 09:45:30

  • MBIA Plans to Raise $750 Million of Capital to Support Ratings - Bloomberg

    MBIA Plans to Raise $750 Million of Capital to Support RatingsBloomberg - 3 minutes agoThe new figure resulted from doubling a loss reserve for expected claims on bonds backed by second-lien mortgages. In addition to selling $500 million of ...
    2008-02-06 09:53:51

  • National Australia Reaffirms Financial Outlook (Update1) (Bloomberg.com)

    Feb. 7 (Bloomberg) -- National Australia Bank Ltd., the country's biggest by assets, reaffirmed its previous financial outlook at its annual shareholder meeting today.
    2008-02-06 05:57:04

  • Buffett sitting on his wallet (The Globe and Mail)

    Berkshire Hathaway chairman became the world's second-richest man by buying good companies at low prices. But even as stock markets plunge, he doesn't see any bargains
    2008-02-06 07:04:25

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