Mortgage and Financial News From 2008-1-29 Page 49

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• Fitch: US CMBS Servicers Face Increased Challenges in Less-Liquid ... - Business Wire (press release)

  Fitch: US CMBS Servicers Face Increased Challenges in Less-Liquid ...Business Wire (press release), CA - Jan 28, 2008Fitch believes that highly rated commercial mortgage servicers will be better able to withstand a volatile market. While servicers faced and overcame ...
  2008-01-28 07:23:48

• Finicity Partners with US Bank; Finicity Home Loans Offers Smart ... - Ad-Hoc-News (Pressemitteilung)

  Finicity Partners with US Bank; Finicity Home Loans Offers Smart ...Ad-Hoc-News (Pressemitteilung), Germany - 5 hours agoThe Finicity Home Loans site contains a wealth of information regarding purchasing a home, refinancing an existing loan and other mortgage-related topics. ...
  2008-01-29 03:04:09

• Nevada Had Top Foreclosure Rate In 2007 - WJZ

  Nevada Had Top Foreclosure Rate In 2007WJZ, MD - 3 hours agoMany homeowners started to fall behind on mortgage payments in the last three months, setting the stage for more foreclosures this year. ...
  2008-01-29 05:50:15

• Remodeling: Don’t get burned on financing - Consumer reports

  Remodeling: Don’t get burned on financingConsumer reports - 2 hours agoCash-out refinance. This is an option for big projects done when housing prices are rising and interest rates are going the other way; in other words, ...
  2008-01-29 06:08:48

• President Bush’s Final Message to Lawmakers - My TV20 Detroit

  President Bush’s Final Message to LawmakersMy TV20 Detroit, MI - 1 hour agoA decline in the housing market is straining many Americans facing ballooning mortgage payments and little increase in home equity. ...
  2008-01-29 07:01:54

• Kern leads 'mortgage risk' list: New report cites factors like ... - Trading Markets (press release)

  Kern leads 'mortgage risk' list: New report cites factors like ...Trading Markets (press release), CA - 10 minutes agoBut credit consultant Anselmo Moreno, who works for Innovative Credit Solutions helping homebuyers improve their credit scores so they refinance their ...
  2008-01-29 08:46:59

• Q4 2007 National City Earnings Conference Call - Final - Insurance News Net (press release)

  Q4 2007 National City Earnings Conference Call - FinalInsurance News Net (press release), PA - 4 minutes agoThe second mortgage portion of the non-prime portfolio exhibited increased delinquency and chargeoffs in the fourth quarter. Refinancing options are now ...
  2008-01-29 08:52:59

• Bush Set to Sign Executive Order on Earmarks (Fox News)

  President Bush was set to act Tuesday on his State of the Union promise to sign an executive order directing federal agencies to ignore any future earmarks not voted on by Congress.
  2008-01-28 06:21:08

• Finicity Partners with US Bank; Finicity Home Loans Offers Smart Home Financing Choices (Centre Daily Times)

  Finicity, the makers of the popular personal finance system Mvelopes, and US Bank have partnered to form Finicity Home Loans and offer smart, responsible home financing choices.
  2008-01-29 03:14:39

• Finicity Partners with US Bank; Finicity Home Loans Offers Smart Home ...

  Forbes - We're excited to work with US Bank and offer homeowners great rates and smart mortgage choices," said Steve Smith, president and CEO of Finicity. "Given the ongoing fallout from the housing crisis, we looked for a partner who had demonstrated ...
  2008-01-29 02:59:00

• India Rupee Trades Near 1-Week High as Central Bank Holds Rates

  Bloomberg - India Rupee Trades Near 1-Week High as Central Bank Holds Rates By Anil Varma Jan. 29 (Bloomberg) -- India's rupee closed ... Banks have written down as much as $133 billion since the beginning of 2007 in losses stemming from the U.S. subprime mortgage ...
  2008-01-29 05:01:00

• Will Rate Cut, Stimulus Revive Housing Market?

  CNBC - ... the beleaguered U.S. housing market and help the broader economy along with it. The Federal Reserve's interest rate cut of three-quarters of a percentage point at an emergency meeting last week spawned a series of events that left mortgage rates at ...
  2008-01-28 10:45:00

• US sub-prime misery deepens

  Guardian Unlimited - The issue has become a hot topic on the presidential campaign trail, with Democratic candidates calling for an immediate freeze on foreclosures and a temporary block on scheduled rises in mortgage interest rates. RealtyTrack found 66,316 foreclosure ...
  2008-01-29 02:09:00

• THE FED IS BETWEEN A ROCK & A HARD PLACE

  New York Post - Mortgage rates, on the other hand, have risen even though the Fed would like to see them move in the other direction. The average rate on 30-year and 15-year fixed- rate mortgages is now 5 basis points higher at 5.47 percent than it was last week. ...
  2008-01-29 01:26:00

• Fed must walk a thin line on rates

  Los Angeles Times - ... central bank is not succumbing to temptation to revive the economy prematurely with negative rates," he said. The economic environment is different today from the 1990s, however, because of the perceived threat to growth from the sub-prime mortgage ...
  2008-01-29 04:18:00

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