Mortgage and Financial News From 2008-1-29 Page 41

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  • Greene County Bancorp, Inc. Announces Earnings - Centre Daily Times

    Greene County Bancorp, Inc. Announces EarningsCentre Daily Times, PA - 11 minutes agoThe Company has not been an originator of "no documentation" mortgage loans and the loan portfolio does not include any mortgage loans that the Company ...
    2008-01-29 11:38:23

  • FSA: Growing numbers to face debt problems in 2008 - InTheNews.co.uk

    FSA: Growing numbers to face debt problems in 2008InTheNews.co.uk, UK - 9 minutes agoThe tightening of lending criteria could also hit – making it harder for consumers to obtain loans. "In addition to higher mortgage rates, many consumers ...
    2008-01-29 11:40:52

  • Anworth Mortgage Asset Corporation Announces Dividend Tax ... - WELT ONLINE

    Anworth Mortgage Asset Corporation Announces Dividend Tax ...WELT ONLINE, Germany - 2 minutes ago... including increases in the prepayment rates on the mortgage loans securing our mortgage-backed securities, our ability to use borrowings to finance our ...
    2008-01-29 11:47:58

  • Number of US homes in foreclosure soared 79 percent in 2007 (Battle Creek Enquirer)

    LOS ANGELES — The number of U.S. homes that slipped into some stage of foreclosure in 2007 was 79 percent higher than in the previous year, a real estate tracking company said today.
    2008-01-29 11:38:07

  • Foreclosures Jump 79 Percent In '07 (CBS 2 Los Angeles)

    The number of U.S. homes that slipped into some stage of foreclosure in 2007 was 79 percent higher than in the previous year, a real estate tracking company said Tuesday. Many homeowners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year.
    2008-01-29 11:39:10

  • Countrywide Swings to a Loss (NYTimes.com via Yahoo! Finance)

    The troubled mortgage lender posted a loss of $422 million, citing rising loss provisions and impairment charges.
    2008-01-29 11:40:28

  • Sharp Drop in Consumer Confidence in January (NYTimes.com via Yahoo! Finance)

    Worries over deteriorating business conditions and a weakening job market pushed the Consumer Confidence Index lower, a business research group said.
    2008-01-29 11:40:29

  • Anworth Mortgage Asset Corporation Announces Dividend Tax Information for 2007 (Finanzen.net)

    Anworth Mortgage Asset Corporation (NYSE: ANH), a real estate investment trust (REIT), announced today tax information regarding its dividend distributions for the fiscal year ended December 31, 2007. Stockholders should check ...
    2008-01-29 11:41:14

  • IMF expects weak global growth (TVNZ)

    The International Monetary Fund cut its 2008 forecast for world growth, warning the global economy will deliver the weakest performance in five years as US-originated financial strains intensify.
    2008-01-29 11:44:51

  • Fannie Mae CEO Says Filings on Track (AP via Yahoo! Finance)

    Fannie Mae's CEO reiterated Tuesday that the company plans to finish its 2007 financial report by the end of next month.
    2008-01-29 11:46:49

  • Help bring a feasible solution (Daily News)

    Sri Lanka being an island situated in the Indian Ocean comparatively is not that large in extent. It is only 25,000 square miles or 65610 sq.km. Soil erosion taking place naturally by the seaside, and the land slides taking place almost annually in the hill country cause further shrinking.
    2008-01-29 11:46:53

  • IMF says global growth to be weakest in five years (The Globe and Mail)

    WASHINGTON (Reuters) - The International Monetary Fund cut its 2008 forecast for world growth on Tuesday, warning the global economy will deliver the weakest performance in five years as U.S.-originated financial strains intensify.
    2008-01-29 11:47:06

  • Will rate cuts do the trick?

    Buffalo News - But a deteriorating economic outlook has caused fixed mortgage rates to fall to their lowest level in nearly four years as money poured into Treasurys, pushing down yields, says McBride. Lower rates may not make lenders less reticent in the wake of ...
    2008-01-29 03:49:00

  • U.K. CBI Retail Sales Index Fell to 14-Month Low in January

    Bloomberg - ... K. retail sales rose at the slowest pace in 14 months in January, damped by higher interest rates and ... Mortgage approvals dropped to the lowest in a decade in December, and HBOS Plc, the U.K.'s biggest lender for house purchase, said property ...
    2008-01-29 04:39:00

  • (Adds quotes, background)

    Reuters - ... 29 (Reuters) - The U.S. housing market is showing the early makings of a mortgage ... The Federal Reserve's action to slash short-term U.S. interest rates last week ... target rate by three-quarters of a percentage point to 3.50 percent, the lowest ...
    2008-01-29 09:40:00

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