Mortgage and Financial News From 2007-9-14 Page 5
Previous Day: 2007-09-13
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19 20 21 - 40
-
U.S. Stocks Advance as Commodity Rally Lifts Mining Shares
Bloomberg - ... on rising commodity prices and speculation the Federal Reserve will lower interest ... Speculation the Federal Reserve will lower its benchmark lending rate by as much ... homebuilder, said tighter credit restrictions haven't limited the ability of prime ...
2007-09-14 02:48:00 -
Japanese Bonds Complete Weekly Gain on Concern Growth Will Slow
Bloomberg - Traders cemented expectations the Bank of Japan will keep interest rates unchanged on ... Prime Minister Shinzo Abe resigned this week, fueling concern political gridlock ... and market participants are saying there may be less chance of a BOJ rate hike ...
2007-09-14 05:11:00 -
Subprime crisis claims first UK victim
Economic Times - Though substantial emergency funds at a penalty rate were requested by the bank, Northern Rock had billions of pounds in ... Darling said BOE had approved the funds in the interest of keeping the British banking system stable and told customers there ...
2007-09-14 02:55:00 -
US dollar drops further against Canada's currency on expected Fed rate ...
International Herald Tribune - ... continued its drop against the Canadian dollar Friday ahead of an expected rate ... Many investors expect the Fed to cut interest rates by as much as half a percentage ... dollar dropped to 115.15 yen from 115.29 yen as the race to replace Japanese Prime ...
2007-09-14 02:55:00 -
Stocks post quiet end to strong week ahead of Fed decision on interest ...
Minneapolis Star Tribune - ... Wall Street seemed to wrestle with how the readings might affect the Fed's stance on interest rates. The central bank has left the benchmark fed funds rate ... James not ready for prime time Taylor might not be able to play vs. Lions Firefighters rescue ...
2007-09-14 03:17:00 -
Greenspan admits he was slow to pick up on sub-prime dangers
The Independent - ... Alan Greenspan is now admitting that he was aware that the successive interest cuts under his stewardship of the Federal Reserve were encouraging an explosion in sub-prime ... is widely expected once again to loosen monetary policy with a rate cut next ...
2007-09-14 05:26:00 -
Disappointing consumer spending, factory output may signal rate cut
Seattle Times - ... predicted the Fed would cut its target for the federal-funds rate, the interest that banks charge each other, by a quarter-point to 5 percent. It would mark the first reduction in four years in the funds rate, which directly influences banks' prime ...
2007-09-14 02:12:00 -
Japan's interest rates likely to stay on hold
The Australian - Market players expect the BoJ to keep rates steady this month due to weak domestic economic indicators and uncertainty over how the sub-prime crisis will affect the global economy. Interest rate swaps tied to future monetary policy show market ...
2007-09-14 06:16:00 -
Subprime woes may test ratings agencies
Boston Globe - One long-standing criticism is that the basic business model of large ratings agencies -- earning fees from the issuers whose securities they rate -- creates an intrinsic conflict of interest. "The core issue is that investor and issuer interests are ...
2007-09-14 01:01:00 -
Main Street has much riding on rate cut
CNBC - A whole host of other borrowings will also become cheaper as U.S. banks follow an interest rate cut by lowering their own prime rates. For those that qualify, loans spanning everything from automobiles to education will be affected -- as will the ...
2007-09-14 01:36:00 -
Main Street Has Much Riding on Rate Cut (Washington Post)
NEW YORK -- Wall Street players aren't the only ones with a lot riding on whether the Federal Reserve cuts interest rates on Tuesday _ Main Street could also see some pretty dramatic benefits.
2007-09-14 03:22:05 -
BOJ May Keep Rate Unchanged as GDP Shrinks, Abe Quits (Update1) (Bloomberg.com)
Sept. 14 (Bloomberg) -- The Bank of Japan will probably keep interest rates unchanged next week after Prime Minister Shinzo Abe resigned and the economy shrank in the second quarter.
2007-09-13 06:32:07 -
Greenspan admits he was slow to pick up on sub-prime dangers (Independent)
It is not quite a mea culpa, but Alan Greenspan is now admitting that he was aware that the successive interest cuts under his stewardship of the Federal Reserve were encouraging an explosion in sub-prime lending but that he was slow in realising the dangers that the trend carried for the economy.
2007-09-14 05:59:52 -
New FHA program helps homeowners facing foreclosure
KYTV - Typically, if a buyer has become delinquent, particularly in the last 12 months, it becomes difficult to refinance homes," said Lisa Schupbach of Oak Star Bank. Schupbach says banks like Oak Star have sadly had to turn people away. "We hear a lot ...
2007-09-14 01:01:00 -
Editorial: Schumer bill would aid subprime mess
Newsday - On Monday, Schumer also introduced a companion bill in the Senate that would increase the ability of Fannie Mae and Freddie Mac to give lenders additional funds to refinance borrowers trapped in unaffordable variable-rate subprime mortgages and bring ...
2007-09-14 04:04:00
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18 19 20 21 - 40
