Mortgage and Financial News From 2008-2-12 Page 33

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  • Mortgage Plan To Help Struggling Homeowners (WCVB Boston)

    At-risk borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan.
    2008-02-12 03:36:18
  • CBA profit up 8pc to $2.4b (Adelaide Now)

    THE Commonwealth Bank has reported a first-half profit jump of 8 per cent to $2.37 billion, flagged off more rate rises due to funding costs and confirmed a $160 million unsecured exposure to Centro.
    2008-02-12 03:37:16
  • Project Lifeline offers help for some homeowners (Newsday)

    Some people in danger of losing their homes may receive new help through a program announced yesterday. Dubbed "Project Lifeline," the White House -backed plan calls for six major lenders to voluntarily contact homeowners who are 90 days or more behind on their mortgage payments, and possibly grant a 30-day "pause" in the foreclosure process so a solution can be worked out. Newsday reporter ...
    2008-02-12 03:40:36
  • Commonwealth Bank's Profit Growth Is Slowest in Three Years (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Commonwealth Bank of Australia, the nation's biggest mortgage lender, posted the slowest profit growth in more than three years as funding costs rose and provisions for bad debts increased.
    2008-02-12 03:42:21
  • Lenders Offer 'Lifeline' To Homeowners Fearing Foreclosure (NBC 5 Chicago)

    Call it a time out for some struggling homeowners facing foreclosure -- big mortgage lenders are allowing a grace period to catch up on mortgage payments.
    2008-02-12 03:45:14
  • Grammy Ratings Take Sharp Drop (NBC 5 Chicago)

    Preliminary estimates from Nielsen Media Research indicate that the Grammys telecast Sunday will likely end up being third least-watched Grammy Awards ever.
    2008-02-12 03:53:12
  • The Sid Is Out There

    Slate - The Sid Is Out There: Jonathan Tilove's piece on the "Cult of Obama" meme is more useful for the light it sheds on the 'Sidney Blumenthal's emails are the dark matter of the Internet' meme: Clinton spokesman Howard Wolfson denied Monday that the ...
    2008-02-12 01:26:00
  • Fed Auctions Another $30B

    Street.Com - The interest rate was 3.01%, vs. 4.67% in December, a reflection of the Fed's ... It essentially offers banks loans lower than interbank rates and they can put up ... According to TheStreet.com's sister site, BankingMyWay.com , the highest CD rate ...
    2008-02-12 12:51:00
  • CDs are hardly worth investment - Belleville News Democrat

    CDs are hardly worth investmentBelleville News Democrat,  USA - 14 hours agoBY BARBARA E. HERNANDEZ While prospective homeowners may have applauded the Federal Reserve's decision to lower interest rates, others are lamenting the ...
    2008-02-12 01:06:48
  • Waiting for Data - Daily Reckoning - American Edition

    Waiting for DataDaily Reckoning - American Edition, MD - 5 hours agoAustralia's interest rates are still rising, New Zealand's aren't… But, right now, interest rate differentials are the cat's meow, and that is good for kiwi ...
    2008-02-12 10:07:08
  • Rates head south as bankers buy FM talk - Economic Times

    Rates head south as bankers buy FM talkEconomic Times, India - 55 minutes agoNEW DELHI: Call it an election special or serendipity, interest rates are headed southward. Finance minister P Chidambaram has asked bankers to boost demand ...
    2008-02-12 02:21:46
  • Lawsuit: Insurer bilked seniors (Canandaigua Daily Messenger)

    The 10 alleged victims of Richard Nichols, owner of Nichols Financial Services, live in Wayne, Ontario and Seneca counties.  
    2008-02-12 10:21:42
  • Rates head south as bankers buy FM talk (The Economic Times)

    Call it an election special or serendipity, interest rates are headed southward.
    2008-02-12 02:32:13
  • House prices set to fall by 7% in next two years as credit squeeze ...

    Times Online - Banks and building societies have been cutting back on the amount they are willing to lend, as well as increasing mortgage rates ... the Stamp Duty threshold, after it found that only 40 per cent of first-time buyer properties fell under the current ...
    2008-02-12 12:58:00
  • Hanmi Financial Corporation Reports 2007 Financial Results

    MSN MoneyCentral - ... that we continue to have a level of capital that is sufficient to support current ... As a result of the Federal Reserve Bank lowering short-term interest rates and ... Government Agency Securities 110,194 1,188 4.31% Mortgage-Backed ...
    2008-02-12 12:58:00