Mortgage and Financial News From 2007-9-11 Page 3

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  • Analyst Sees Higher Risk for Retailers

    Forbes - Analyst Jeff Sonnek updated his "Retailer Health Index," following second-quarter results to calculate the exposure of 24 specialty and 40 hardline retailers to delinquency rates across prime and subprime mortgage products, delinquency severity ...
    2007-09-11 11:17:00

  • In London, a Mortgage-Bond Pioneer Gets Hit

    Wall Street Journal - ... has been hit hard by declines in a market where it was a European pioneer: mortgage-backed securities. Wharton yesterday suspended investor redemptions from one of its funds, Y2K Finance Inc., until at least Dec. 1 and has stopped trying to calculate ...
    2007-09-11 04:53:00

  • Analyst Sees Higher Risk for Retailers (AP via Yahoo! Finance)

    A Friedman, Billings, Ramsey analyst on Tuesday said the deteriorating housing market and widening credit problems are leading to higher risk for many retailers.
    2007-09-11 11:20:14

  • DOKUMENTATION/Rede von EZB-Präsident Trichet im EP-Ausschuss

    Finanz Nachrichten - ... begin by providing you some further information about the recent events in financial markets and the ECB's interventions. In July and early August, the crisis in the so-called US sub-prime mortgage ... or "conduits" that had difficulty to refinance ...
    2007-09-11 10:27:00

  • OTN Refinances With $300 Million Revolving Loan Arranged by Wells ...

    Forbes - OTN used the initial proceeds to refinance its existing revolving credit facility ... with $540 billion in assets, providing banking, insurance, investments, mortgage ... For more information, visit Wells Fargo Foothill on the Internet at http://www ...
    2007-09-11 04:58:00

  • New Proprietary Intelli-TRIGGERS are the High-Performance Prospecting ...

    TMCnet - ... TRIGGERS are the High-Performance Prospecting Alternative to ''Fatigued'' Mortgage ... time that are most highly correlated with debt consolidation and cash-out refinance ... For more information on Intelli-TRIGGERS, contact Intellidyn at: 866-773-5756, or ...
    2007-09-11 08:25:00

  • New Proprietary Intelli-TRIGGERS are the High-Performance Prospecting Alternative to ''Fatigued'' Mortgage Inquiries (Business Wire via Yahoo! Finance)

    BOSTON----Intellidyn Corporation , an award-winning provider of the nation's most complete direct response marketing and multi-channel database marketing solutions today announced the availability of
    2007-09-11 05:00:00

  • H&R Block's Option One Cutting 575 Jobs

    MSN MoneyCentral - H&R Block has been restructuring in an effort to survive the collapse of the mortgage markets caused by rising interest rates and falling home prices. Last month, the Kansas City-based company said it was expanding the restructuring to include more ...
    2007-09-11 05:36:00

  • MFA Mortgage Investments, Inc. Announces Over-Allotment Exercise of 1 ...

    CNBC - These forward-looking statements are subject to various risks and uncertainties, including, but not limited to, those relating to: changes in interest rates and the market value of MFA's MBS; changes in the prepayment rates on the mortgage loans ...
    2007-09-11 02:37:00

  • Banks pass on rising costs to mortgage borrowers

    Times Online - The first evidence that banks are beginning to pass on soaring market interest rates to consumers emerged yesterday as figures released by the Bank of England showed that mortgage borrowing costs for households jumped last month. The Bank found that ...
    2007-09-11 02:52:00

  • 50 ways to be more frugal

    Daily Telegraph - Money, it's a drag. With the stock market looking shaky, mortgage rates rising and the credit bubble about to burst we could all do with a few pointers on how to be thrifty. Count the pennies: cut down on household waste And now there is a guide to ...
    2007-09-11 05:58:00

  • Mortgage rates hit nine-year peak

    Daily Telegraph - Mortgage rates have soared to a nine-year high as the financial market crisis strikes millions of homeowners around Britain, it emerged yesterday. How the mortgage rates compare Banks 'make up to £3.5bn from charges' Interest rates rise as credit ...
    2007-09-11 06:19:00

  • Mortgage Brokers Warned Over 'Potentially Deceptive' Ads (Washington Post)

    The Federal Trade Commission has warned more than 200 companies about "potentially deceptive" mortgage advertisements that could give borrowers false impressions of the cost of home loans.
    2007-09-11 07:01:56

  • Mortgage rates hit nine-year peak (Daily Telegraph)

    Mortgage rates have soared to a nine-year high as the financial market crisis strikes millions of homeowners around Britain, it emerged yesterday.
    2007-09-11 05:53:40

  • Former housing director charged with fraud

    South Florida Business Journal - According to the indictment, Price and Stimpson conspired to get a mortgage for Price's home when Price could not qualify for financing, used a straw purchaser who was a Florida City employee and paid for the home with funds from a contractor doing ...
    2007-09-11 02:52:00

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