Mortgage and Financial News From 2007-10-28 Page 01
Previous Day: 2007-10-27
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17
-
Debt wobbles worldwide
Stuff - ... mode in February at the first whispers of the credit problem emerging in the US's "subprime" mortgage market (mortgages ... SIVs), collateralised-debt obligations (CDOs), credit-default swaps (CDSs), mortgage-backed securities (MBSs), reverse ...
2007-10-27 08:06:00 -
Who, in the real world, can afford to live here now?
Vancouver Sun - If you're young, you can pretty well forget about buying in unless you have parents who will take out a reverse mortgage and ... You need to sign up for one of the new, 40-year term mortgages, instead of the 25-year term your parents got. So, take out a ...
2007-10-27 05:53:00 -
American Economy: The Subprime Market, Depreciation and the Exchange ...
Safe Haven - What this lot overlooked was the important fact that only about 14 per cent of mortgages are subprime. Moreover, less ... In turn, the exporting countries will find themselves in the reverse situation. The following excerpt explains that ...
2007-10-27 05:53:00 -
Drillers axing winter plans ahead of new royalty regime
Globe and Mail - Soon, who will be able to buy a house in those places or which bank will take the risk to loan the mortgages? Posted ... post the employer refuses to pay flight costs which is a whopping $440 return via westjet. this is completely the reverse of ...
2007-10-25 05:56:00 -
Climate controversy heats up Australian election
Terra Daily - ... Prime Minister John Howard was defiant Sunday in the face of reports his environment minister urged him to reverse ... But on interest rates, a crucial factor for those with mortgages, and an issue Howard campaigned on strongly in the 2004 ...
2007-10-27 05:53:00 -
Merrill chief poised to step down
MSNBC - But some executives believe Merrill should, at least partly, reverse the expansion of risk-taking under Mr O'Neal. "Merrill ... the growth of its business packaging US home loans into securities left it over-exposed to the problems in subprime mortgages ...
2007-10-28 01:06:00 -
A borrower or lender you can be, with a third party
Modesto Bee - The company handles personal loans, mortgages, reverse mortgages and business loans in the United States. It plans to start handling student loans next year. Kathy Kristof welcomes your comments and suggestions but regrets that she cannot respond ...
2007-10-28 03:26:00 -
Hey kids!
National Post - If there is no money left for the kids when you die, too bad. That's one of the propositions of increasingly popular reverse mortgages, which let seniors stay in their house and access the equity built up over the years. Of course, the longer the ...
2007-10-27 07:02:00 -
Ad Links
Indian Express - If stamp duties are looked upon as a service delivered to households to enable their most expensive transaction, which in turn facilitates wealth creation through credit availability and new instruments like reverse mortgages, it should, like ...
2007-10-28 01:34:00 -
U.S. may feel Mich.'s pain
Detroit News - With rising losses in mortgages, soaring oil prices, declining dollar, recession could strike. In one of those chance two ... re likely to endure at least a winter of uncertainty before we know whether slowing economic growth has shifted into reverse ...
2007-10-28 09:56:00 -
Cities brace for fallout from state budget crunch
Daily Tribune - The organization provides information to homeowners regarding any housing-related issue, including landlord-tenant disputes, reverse mortgages for seniors and down payment assistance for homebuyers, she said. "To help ease the crisis, it's going to ...
2007-10-28 09:27:00 -
What state govts can learn from de Soto and a market fundamentalist (Indian Express Finance via Yahoo! India News)
If capitalism has to work in developing economies, including India, it has to become more inclusive, it has to understand and deliver property rights to more people. That s what Peruvian economist Hernando de Soto, adviser to 40 governments, told me last week as we discussed the future of capitalism in India. For this, he said, governments need to first study the laws that govern property rights ...
2007-10-28 02:03:17 -
Yuan surges 0.3% - is this a real change in Chinese currency policy? (India Daily)
China's central bank signaled it would tolerate faster appreciation to help narrow a record trade surplus. The G7 handed China a virtual ultimatum and China obliged quietly. But a 0.3% rise in Yuan against US Dollar in a single day would not make much difference.
2007-10-28 10:11:00 -
U.S. may feel Mich.'s pain (Detroit News)
In one of those chance two-minute social encounters, I asked General Motors Corp. Chairman Rick Wagoner how things were going. Without missing a beat, he mentioned the softening national economy and slipping consumer confidence, exacerbated by a credit crunch, uttered the word "nervous" and then moved on.
2007-10-28 10:25:32 -
Rich And Retired (Forbes)
Everyone's retiring, selling their stocks and tanking the financial markets. That's the unfounded fear, anyway.
2007-10-28 03:24:47