Mortgage and Financial News From 2008-2-5 Page 19

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• 10 new single-family homes coming to Homewood, first phase of 30 ... - Pop City

  10 new single-family homes coming to Homewood, first phase of 30 ...Pop City, PA - 4 hours ago... them,” says Tom Cummings, with the URA. “Second mortgages are available, making the homes even more affordable to lower- and moderate-income households.”
  2008-02-05 02:07:16

• Debt juggernaut rolls us into a madhouse - Telegraph.co.uk

  Debt juggernaut rolls us into a madhouseTelegraph.co.uk, United Kingdom - 1 hour agoEight years ago, they bought a house on a mortgage of £27000. That was just about manageable. Then they started getting offers from finance companies, ...
  2008-02-05 05:52:55

• Principal Financial shares drop after subprime woes cut profits - Waterloo Cedar Falls Courier

  Principal Financial shares drop after subprime woes cut profitsWaterloo Cedar Falls Courier, IA - 4 hours ago_$1.9 billion in home mortgages, including $1.3 billion of first- and second-lien mortgages to prime borrowers at Principal Bank. It's Chile subsidiary held ...
  2008-02-05 03:00:06

• Rates hike makes hip pockets $50 lighter - Port Macquarie News

  Rates hike makes hip pockets $50 lighterPort Macquarie News, Australia - 47 minutes agoHOMEOWNERS can expect to pay more than $50 a month extra on monthly mortgage repayments on a $300000 loan following the increase in official interest rates ...
  2008-02-05 06:13:10

• Macquarie Names Moore to Replace Chief Executive Moss (Update3) - Bloomberg

  Macquarie Names Moore to Replace Chief Executive Moss (Update3)Bloomberg - 3 hours agoSince then, the MSCI World Index has dropped 10 percent amid concern the crisis in subprime mortgages may spark a US recession. Macquarie shares fell 7.7 ...
  2008-02-05 03:25:38

• Jeremy Warner's Outlook: BHP acts as if Chinalco never happened - Independent

  Jeremy Warner's Outlook: BHP acts as if Chinalco never happenedIndependent, UK - 45 minutes agoA quarter-point interest rate cut already looks a done deal for the conclusion tomorrow of the meeting of the Bank of England's Monetary Policy Committee ...
  2008-02-05 06:14:56

• Deutsche Bank May Miss Profit Goal Even After Dodging Subprime - Bloomberg

  Deutsche Bank May Miss Profit Goal Even After Dodging SubprimeBloomberg - 3 hours agoWhile early bets against US subprime mortgages helped Deutsche Bank avoid the record losses reported by UBS AG, Citigroup Inc. and Merrill Lynch & Co., ...
  2008-02-05 03:25:39

• Bank foreclosures up 36% in Vermont - Vermont Public Radio

  Bank foreclosures up 36% in VermontVermont Public Radio, VT - 44 minutes ago... alternative mortgage products that have been in existence and kind of started in California and then flowed across the country. So the interest only, ...
  2008-02-05 06:16:20

• Notes from a Nervous Market - BusinessWeek

  Notes from a Nervous MarketBusinessWeek - 2 hours ago4 a massive tightening in credit conditions for residential mortgages, commercial mortgages, and commercial and industrial loans. ...
  2008-02-05 04:13:07

• Macquarie Names Moore to Replace Chief Executive Moss (Update4) - Bloomberg

  Macquarie Names Moore to Replace Chief Executive Moss (Update4)Bloomberg - 2 hours agoSince then, the MSCI World Index has dropped 10 percent amid concern the crisis in subprime mortgages may spark a US recession. ...
  2008-02-05 04:50:06

• Savvy Senior - Smoky Mountain Sentinel

  Savvy SeniorSmoky Mountain Sentinel, NC - 42 minutes agoIf your mother lives with you, you can include a percentage of your mortgage, utilities and other expenses in calculating how much you contribute to her ...
  2008-02-05 06:18:20

• Plethora of government jobs may keep economy strong - Union Democrat

  Plethora of government jobs may keep economy strongUnion Democrat, CA - 1 hour agoAreas with widespread housing problems related to subprime mortgages will be hit the worst," Plovnick said during a telephone interview. ...
  2008-02-05 05:21:06

• MARY UMBERGER: 'For Sale' signs a barrier to refinancing home - San Luis Obispo Tribune

  MARY UMBERGER: 'For Sale' signs a barrier to refinancing homeSan Luis Obispo Tribune, CA - 36 minutes agoCherya Jenkins says she has been snagged by a Catch-22 of the mortgage-market mess: She wants to refinance the loans on her Chicago three-flat but hasn't ...
  2008-02-05 06:24:20

• Treasuries Rise as Global Stock Losses Feed Demand for Safety - Bloomberg

  Treasuries Rise as Global Stock Losses Feed Demand for SafetyBloomberg - 1 hour agoThe S&P 500 handed investors a 8.8 percent loss including reinvested dividends, as declines stemming from defaulted subprime mortgages threatened to throw ...
  2008-02-05 05:54:52

• Good news-bad news in Odlum Brown's annual investment report - Vancouver Sun

  Good news-bad news in Odlum Brown's annual investment reportVancouver Sun,  Canada - 30 minutes agoOn the demand side of the equation, Americans are not buying homes simply because they can't get mortgage loans like they used to. ...
  2008-02-05 06:29:53

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