Mortgage and Financial News From 2008-1-1 Page 3

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  • Asian Stocks Fall on Economic Growth Outlook; Samsung, DBS Drop (Bloomberg.com)

    Jan. 2 (Bloomberg) -- Asian stocks fell, with a benchmark index set for its biggest drop in two weeks, as a South Korean growth forecast and a contraction in Singapore's economy raised concern a decline in global demand may curb the region's exports.
    2008-01-01 11:21:11

  • Ferrovial shrugs off concerns over BAA debt servicing (Sharewatch)

    LONDON (Thomson Financial) - Ferrovial has shrugged off concerns over debt servicing burdens faced by ADIL, the vehicle that the Spanish infrastructure group created to buy UK airports operator BAA in 2006.
    2008-01-01 11:31:20

  • Javier Mascherano unsure of Liverpool future (Daily Telegraph)

    Rafael Benitez enters the new year knowing Liverpool's destiny, and his own, rests on the next few months.
    2008-01-01 11:32:43

  • Mall Owner in Australia Seeks Buyers for Company (NYTimes.com via Yahoo! Finance)

    The Centro Properties Group, which owns 700 malls in the United States, will weigh offers for all of the company or assets including its Australian and United States funds. .
    2008-01-01 11:39:19

  • Horrible year for housing should not repeat in '08

    Miami Herald - Homeowners' equity stakes -- their property value less their mortgage balances ... 30-year fixed rates in the low 6 percent range allowed many borrowers to refinance ... The Miami Herald is pleased to provide this opportunity to share information ...
    2007-12-29 03:53:00

  • Bush Acknowledges Concerns About Economy - CBS 11

    Bush Acknowledges Concerns About EconomyCBS 11, TX - Dec 29, 2007... recently came to terms on some ways to help, including an energy bill and a measure to help families avoid a tax hit when they refinance a mortgage. ...
    2007-12-29 12:05:47

  • Mortgage crisis hits home in Bay Area - Coos Bay World

    Mortgage crisis hits home in Bay AreaCoos Bay World, OR - Dec 29, 2007The organization also offers ways to get refinanced into better loans before the homeowners are hit with an adjusting mortgage they can’t pay, she said. ...
    2007-12-29 02:10:48

  • In 2007, housing and dollar crumbled, but oil and Web 2.0 soared - San Francisco Chronicle

    In 2007, housing and dollar crumbled, but oil and Web 2.0 soaredSan Francisco Chronicle,  USA - Dec 29, 2007Many borrowers never had the wherewithal to repay the loans but believed they would be able to refinance their way out of the problem. ...
    2007-12-29 08:09:49

  • Prime borrowers may soon feel pain - Charlotte Observer

    Prime borrowers may soon feel painCharlotte Observer, NC - Dec 30, 2007based financial information Web site Bankrate.com. Others who try to refinance into loans with more favorable rates will be denied. ...
    2007-12-30 12:12:03

  • Real-estate anxiety: What's next in '08? - Seattle Times

    Real-estate anxiety: What's next in '08?Seattle Times, United States - Dec 30, 2007And then there's the issue of getting a mortgage. Since the widely publicized August meltdown in that industry, buyers (and those hoping to refinance) have ...
    2007-12-30 12:13:11

  • Horrible year for housing should not repeat in '08 - MiamiHerald.com

    Horrible year for housing should not repeat in '08MiamiHerald.com, FL - Dec 30, 2007But 30-year fixed rates in the low 6 percent range allowed many borrowers to refinance into alternatives such as FHA or conventional Fannie Mae/Freddie Mac ...
    2007-12-30 12:16:29

  • Lenders scrutinize borrowers - Sarasota Herald-Tribune

    Lenders scrutinize borrowersSarasota Herald-Tribune, FL - Dec 30, 2007He found that out just last month when he tried to refinance his own home. He got the loan, but he had to jump through hoops to get it. ...
    2007-12-30 01:43:39

  • STATE OF THE MARKET2007: The Year in Housing - Voice of San Diego

    STATE OF THE MARKET2007: The Year in HousingVoice of San Diego, CA - Dec 30, 2007Many mortgage companies and storefronts went broke, backing disappeared and fewer borrowers could refinance their loans with ballooning payments to avoid ...
    2007-12-30 07:34:49

  • Number of unsold homes in Hampton Roads at highest this decade - The Virginian-Pilot

    Number of unsold homes in Hampton Roads at highest this decadeThe Virginian-Pilot, VA - Dec 30, 2007As home values soared, people were approved for $1 million homes on the assumption they would be able to sell them later or refinance, Martin said. ...
    2007-12-30 08:53:05

  • 2007 marked by activism - Stateline.org

    2007 marked by activismStateline.org, DC - Dec 30, 2007At least 18 states set up task forces to study the issue, and nine created “foreclosure prevention fund” programs to help homeowners refinance their loans. ...
    2007-12-30 09:13:51

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