Mortgage and Financial News From 2007-12-13 Page 14

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• Mortgage Rates Rise Despite Fed Cut

  Street.Com - That's bad news for anyone who was holding out on purchasing a new home -- or refinancing an existing loan -- in the hopes that mortgage rates would ... Just make sure you understand whether the lender is discounting the rate it quotes you my ...
  2007-12-13 12:16:00

• Optimism fades over global plan to pump cash into banks

  USA Today - Countrywide Financial, (CFC) the largest U.S. home loan lender, said mortgage loan funding tumbled 40% to $23 billion in November, sending its shares tumbling. On Wednesday, Bank of America (BAC) and Wachovia (WB) warned of further write-downs for the ...
  2007-12-13 12:01:00

• The Reverse Mortgage Association: Answers For Seniors

  Best Syndication - A reverse home mortgage, from a lender who honors the Code of Conduct established by the Reverse Home Mortgage Association, could give them the secure retirement for which they are longing. By: Wade Robins You can also find more information at Reverse ...
  2007-12-13 11:33:00

• Countrywide under Illinois probe: report

  Reuters - More Company News... NEW YORK (Reuters) - The home loan unit of Countrywide Financial Corp (CFC.N: Quote , Profile , Research ), the largest U.S. mortgage lender, is under investigation by Illinois' attorney general over dubious lending practices ...
  2007-12-13 08:27:00

• Countrywide under Illinois probe-state official

  Guardian Unlimited - CHICAGO, Dec 13 (Reuters) - The home loan unit of Countrywide Financial Corp, the largest U.S. mortgage lender, is under investigation in Illinois over its lending practices in the state, an Illinois attorney general official confirmed on Thursday ...
  2007-12-13 10:00:00

• Bank of America Achieves Top Retail Mortgage Originator Status

  Forbes - With No Fee Mortgage PLUS, Bank of America provides customers the opportunity to own a home without paying application fees; lender fees, or Private Mortgage Insurance, which is usually required for a loan-to-value ratio greater than 80 percent. No ...
  2007-12-13 11:04:00

• Mortgage Rates Rise Despite Fed Cut (TheStreet.com)

  It may be too late to refinance that adjustable rate mortgage.
  2007-12-13 12:07:36

• Countrywide loans up in November (CNN Money)

  Mortgage lender increased number of loans since October despite crumbling mortgage market; loan applications down 32% from 2006.
  2007-12-13 08:11:30

• Countrywide under Illinois probe: report (Reuters via Yahoo! News)

  The home loan unit of Countrywide Financial Corp , the largest U.S. mortgage lender, is under investigation by Illinois' attorney general over dubious lending practices, The New York Times reported on Thursday.
  2007-12-13 04:13:49

• Lend Your Money, Turn a Profit

  Street.Com - Both borrowers and lenders can get better rates than they might obtain from a bank ... A borrower posts a request for a loan, providing both the amount and the interest rate ... the investor gets a really spectacular return on a fully insured, very liquid CD ...
  2007-12-11 11:21:00

• Ferro Announces Additional Restructuring In Inorganic Specialties ...

  dBusinessNews.com - Genuine Sun Performs Holiday Benefit for Needy Children Live Sneak Preview on December 22 before Tour and CD Release in ... Interest rates on some of our external borrowings are variable and our borrowing cost could be affected adversely by interest rate ...
  2007-12-12 09:42:00

• SIRIUS and XM Announce Additional Support for Merger Diverse Group of ...

  CNBC - SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a ... in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates ...
  2007-12-13 08:27:00

• China 2008 GDP growth seen at 10 pct - Bank of America's Wang

  FXStreet.com - She told a media briefing that domestic demand will remain robust since profit growth has accelerated and will continue strong, while abundant liquidity and low real interest rates will favor more lending. She expects China's inflation to decline to 4 ...
  2007-12-13 12:41:00

• DJ-BTMU Business Barometer Up 0.2% In Dec 1 Week

  FXStreet.com - ... thanks mainly to a surprising uptick in housing activity, "possibly prompted by the fact that 30-year fixed mortgage rates ... The Dow Jones content includes facts, views, opinions and recommendations of individuals and organizations deemed of interest ...
  2007-12-13 07:08:00

• UK Libor rates fall after BoE move to ease liquidity crunch UPDATE

  FXStreet.com - UK Libor rates fall after BoE move to ease liquidity crunch UPDATE Thu, Dec 13 2007, 12:38 GMT http://www.afxnews.com ... The BoE will offer two auctions of 11.35 bln stg, with wide collateral requirements and a market-determined interest rate ...
  2007-12-13 04:30:00

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