Mortgage and Financial News From 2007-12-13 Page 18

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  • Freelancers walk out at MTV in New York

    International Herald Tribune - Waving signs that read "Shame on Viacom," the workers, most of them in their 20s, demanded that MTV Networks reverse a plan ... They think they can treat us like children that don't have families, mortgages or dreams of retirement," she said. It was ...
    2007-12-11 04:26:00

  • Over-by-over: afternoon session

    Guardian Unlimited - ... and is anyone else being driven to distraction by the domestic habits of the people they get in to help pay their mortgages ... It's almost Thorpe in reverse. My hunch is that he is getting too wrapped up with the impression he is making at the crease ...
    2007-12-13 07:08:00

  • SENIOR CALENDAR

    Wichita Eagle - Reverse Mortgages, 1:30 p.m. Monday, Downtown Senior Center, 200 S. Walnut. Parenting the Second Time Around, for grandparents raising grandchildren, 6:15 p.m. Monday, Kansas Children's Service League, 1365 N. Custer. Call B.J. Gore, 316-942-4261, ext ...
    2007-12-13 01:03:00

  • UPDATE 2-HBOS says profits on track after 180 mln stg hit

    Forbes - ... in the cost of funding since a credit crunch deepened in August will hold back net interest income growth in the second ... Its exposure to U.S. sub-prime mortgages was 430 million pounds at the end of November, down from 550 million at the end of ...
    2007-12-13 07:51:00

  • Lynn fails to appear in court for second day

    Irish Times - Lynn fails to appear in court for second day Nicola Boyes Solicitor Michael Lynn is being sought for arrest after failing to ... Mr Lynn drew down multiple mortgages on the same properties from several lenders using solicitors' undertakings, a mechanism ...
    2007-12-13 05:49:00

  • HBOS shrugs off credit squeeze

    Financial Times - Also, repayment of mortgages had been lower in the second half as fewer fixed-rate deals had run out, and as a result asset growth was stronger than expected. HBOS said it had completed its £500m share buyback for 2007 but did not expect to initiate ...
    2007-12-13 12:27:00

  • Empire Records Second Quarter Earnings Before Capital Gains and Other ...

    CNW Group - HALIFAX, Dec. 13 /CNW/ - Empire Company Limited (TSX: EMP.A) today announced earnings before capital gains and other items, net of tax, for its second quarter ended November 3, 2007 of $59.9 million ($0.91 per share) compared to $49.8 million ($0.76 ...
    2007-12-13 06:54:00

  • Asset-Backed Commercial Paper Shrinks for 18th Straight Week

    Bloomberg - Debt maturing in 270 days or less and backed by mortgages, credit-card loans and other holdings declined $10.3 billion to a ... The market sank deeper into its worst slump as Societe Generale SA, France's second-biggest bank by market value, and ...
    2007-12-13 07:58:00

  • Berkshire's Retreat, Pabrai's Setback, Sports Direct: Timshel

    Bloomberg - Pabrai's funds had the second-largest holding in Delta Financial Corp., a specialist in fixed-rate subprime mortgages that sought bankruptcy protection and fired its employees in the past week. He bought $10 million of convertible bonds from the ...
    2007-12-12 10:32:00

  • Ambac Reinsures $29 Billion Portfolio to Help Capital (Update1)

    Bloomberg - Dec. 13 (Bloomberg) -- Ambac Financial Group Inc., the world's second-largest bond insurer, will pass off the risk of $29 ... Ambac insures $8.8 billion of securities backed by subprime mortgages and $29.2 billion of collateralized debt obligations ...
    2007-12-13 08:05:00

  • Second rescue saves subprime casualty SachsenLB

    Boston Globe - FRANKFURT (Reuters) - The German state and public banks clubbed together for the second time in five months to save ... SachsenLB is one of Germany's highest-profile casualties in the crisis triggered by subprime mortgages. It was first rescued ...
    2007-12-13 03:47:00

  • UPDATE 2-Second rescue saves subprime casualty SachsenLB

    Reuters - FRANKFURT, Dec 13 (Reuters) - The German state and public banks clubbed together for the second time in five months to ... SachsenLB is one of Germany's highest-profile casualties in the crisis triggered by subprime mortgages. It was first rescued ...
    2007-12-13 03:55:00

  • Effort is on to slow down foreclosures (Portsmouth Herald)

    WASHINGTON — Several House Judiciary Committee members have agreed on a piece of housing legislation that would give bankruptcy-court judges more flexibility to alter the terms of certain mortgages.
    2007-12-13 03:06:21

  • Freezing Mortgages or Freezing the Real Estate Market? (PRWeb via Yahoo! News)

    Eli Tene, the President of I Short Sale, Inc., a leading nationwide loss mitigation service provider, believes that the mortgage freeze plan is just another sign that the administration does not have the necessary tools to deal with a crisis. "If the goal is to help distressed homeowners, the mortgage rate freeze is missing the target," says Tene.
    2007-12-12 11:01:00

  • Freezing Mortgages or Freezing the Real Estate Market? (PRWeb)

    Eli Tene, the President of I Short Sale, Inc., a leading nationwide loss mitigation service provider, believes that the mortgage freeze plan is just another sign that the administration does not have the necessary tools to deal with a crisis. "If the goal is to help distressed homeowners, the mortgage rate freeze is missing the target," says Tene. (PRWeb Dec 13, 2007) Post Comment:Trackback URL: ...
    2007-12-13 12:09:06

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