Mortgage and Financial News From 2007-11-20 Page 2

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  • Freddie Mac - created to expand mortgage market

    Daily Telegraph - Freddie Mac - or the Federal Home Loan Mortgage Corporation - is a US government-sponsored enterprise (GSE). The New York quoted company is not backed or funded by the government and the securities it issues do not have any government protection ...
    2007-11-20 09:47:00
  • Freddie Mac - created to expand mortgage market (Daily Telegraph)

    Freddie Mac - or the Federal Home Loan Mortgage Corporation - is a US government-sponsored enterprise (GSE). The New York quoted company is not backed or funded by the government and the securities it issues do not have any government protection.
    2007-11-20 05:20:16
  • Seeking a home mortgage? The news just got worse (Minneapolis-St. Paul Star Tribune)

    WASHINGTON - Mortgage market woes just got a lot worse with the disclosure that the nation's second-largest buyer of home loans needs more capital or must retrench. The warning is rippling through an already battered housing market, and it could become difficult even for borrowers with pristine credit and hefty downpayments to get a home loan. Could Freddie Mac's $2 billion loss last quarter be ...
    2007-11-20 07:43:19
  • CreditCards.com postpones IPO

    MSN MoneyCentral - ... 15 million in the nine months ended Sept. 2006 to $2 million in the nine months ended Sept. 2007. In October of 2006, the company was recapitalized. CreditCards.com allows consumers to shop around for credit cards by posting current interest rates ...
    2007-11-20 09:15:00
  • Forex - Euro scales new four-year highs vs sterling

    Forbes - The euro has been climbing steadily against sterling since the Bank of England's dovish Inflation Report last week, which suggested UK interest rates will have to fall from the current 5.75 pct in order to keep inflation around the 2.0 pct target. The ...
    2007-11-20 06:09:00
  • The Bullish Case For Emerging Markets

    Forbes - ... enhanced the economic stability of emerging market economies, most of which maintain large current account surpluses and foreign reserves that have risen considerably and consistently. In Pictures: 12 Top Chinese Gainers As global interest rates have ...
    2007-11-20 03:56:00
  • Fitch Rates Duarte Redevelopment Agency, California's 2007 Refunding ...

    Forbes - Fitch Rates Duarte Redevelopment Agency, California's 2007 Refunding TABs 'A-' 11 ... Current land use in the project area is diverse and AV is increasingly residential ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-11-20 01:26:00
  • Malaysian shares higher in early trade

    Business Times Malaysia - MALAYSIAN share prices were higher in early trading today supported by Wall Street’s overnight gains as well as expectations of another interest rates cut in the US, dealers said. At 9.20 am, the benchmark Kuala Lumpur Composite Index (KLCI) rose 3 ...
    2007-11-20 05:58:00
  • Fitch Rates Jersey City, New Jersey's $26.2MM Improv Bonds, Ser 2007 ...

    Forbes - The underlying 'BBB' rating reflects strong property tax collection rates ... The city's financial performance remains inconsistent as unreserved current fund ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-11-20 02:16:00
  • Borrowing reaches highest point under Labour

    Guardian Unlimited - Analysts said that with both the Treasury and the Bank of England forecasting that the economy will slow down in the coming months as a result of higher interest rates and the credit crunch, the prospect was for net borrowing in the current financial ...
    2007-11-20 04:32:00
  • Fitch Rates Palomar Pomerado Health, California's $250MM GOs 'AA ...

    Forbes - Fitch Rates Palomar Pomerado Health, California's $250MM GOs 'AA-'; Outlook ... Current facilities include two acute care hospitals, the 324-bed Palomar Medical ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-11-20 02:37:00
  • Relief that Beuthin is back behind bars

    Talk Radio 702 - This is the last exam under the current curriculum. The Grade 12's of 2008 will be doing the first matric year of the outcomes based education. Back to headlines Escalating costs of preparations for 2010 being probed 21/11/2007 07:08:35 Deputy Finance ...
    2007-11-20 08:50:00
  • Fed Pares Growth Forecast, Calls October Cut `Close' (Update4)

    Bloomberg - ... their growth forecast in October and expressed concern about credit-market losses, even as they described the interest- rate ... Nov. 16 that data confirming a ``rough patch during the next year'' would not ``by themselves suggest to me that the current ...
    2007-11-20 02:23:00
  • Lomax expected to join cut call

    Reuters UK - But experts say it is only a matter of time before the central bank cuts borrowing costs from their current 6-year high as the Bank itself has predicted a sharp slowdown next year even if interest rates came down by 50 basis points or more. They argue ...
    2007-11-20 09:18:00
  • Chilly outlook for Iceland after current account deficit deteriorates

    Times Online - However, the country is struggling to rein in growth and is suffering from inflation at 5.2 per cent, interest rates at a record 13.75 per cent and a current account deficit that reached 51 billion kronur (£416 million) in the second quarter ...
    2007-11-20 02:09:00