Mortgage and Financial News From 2008-1-25 Page 64

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• Mortgage approvals drop in tightened lending conditions - Introducer Today

  Mortgage approvals drop in tightened lending conditionsIntroducer Today, UK - 39 minutes agoOliver Gilmartin, senior economist at Rics, said: "Banks have sought to rebuild profit margins by raising borrowing costs whilst the supply of loans from ...
  2008-01-25 02:20:56

• The Maybach Financial Group: Arbor Realty Trust Schedules Fourth ... - Trading Markets (press release)

  The Maybach Financial Group: Arbor Realty Trust Schedules Fourth ...Trading Markets (press release), CA - 38 minutes ago... estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, ...
  2008-01-25 02:22:20

• Outagamie's home sales resist slump - Appleton Post Crescent

  Outagamie's home sales resist slumpAppleton Post Crescent,  USA - 35 minutes ago"What we're seeing now is that there were mortgage companies out there that were giving loans to just about anyone, and a lot of those companies are no ...
  2008-01-25 02:25:08

• Mortgage market to remain 'sluggish' - The Mortgage Provider Online

  Mortgage market to remain 'sluggish'The Mortgage Provider Online, UK - 32 minutes agoIt seems the credit crunch has left lenders unwilling to expose themselves and borrowers concerned about the future cost of their loans. ...
  2008-01-25 02:28:12

• FirstFed Reports Preliminary Results for the Fourth Quarter of 2007 - Business Wire (press release)

  FirstFed Reports Preliminary Results for the Fourth Quarter of 2007Business Wire (press release), CA - 29 minutes agoThe current volatile market for residential property and the changing environment for mortgage loans could result in a change in these estimates between now ...
  2008-01-25 02:31:16

• Day-Care Center Expected To Close - Hartford Courant

  Day-Care Center Expected To CloseHartford Courant, United States - 23 minutes ago... the president of the day care's board of directors, increased his home's mortgage to pay for its expenses. The day care still owes money for that loan, ...
  2008-01-25 02:36:47

• Homeowners scurrying to refinance - Columbus Dispatch

  Homeowners scurrying to refinanceColumbus Dispatch, OH - 19 minutes agoNot everyone is expected to benefit from the lower mortgage-interest rates. For those who refinance, an appraisal must confirm that borrowers have at least ...
  2008-01-25 02:40:56

• Activists protest at subprime loan servicer's offices - Orlando Sentinel

  Activists protest at subprime loan servicer's officesOrlando Sentinel, FL - 19 minutes agoOcwen is one of the nation's largest subprime mortgage servicers -- collecting payments and processing transactions on more than 460000 home loans ...
  2008-01-25 02:40:58

• Buyers of pricey homes could get break on loans - San Diego Union Tribune

  Buyers of pricey homes could get break on loansSan Diego Union Tribune, United States - 16 minutes agoAnd jumbo loans have been harder for borrowers to obtain in recent months because of the distress in the mortgage industry, stemming from skyrocketing ...
  2008-01-25 02:43:39

• Rogue and the pogue - Asia Times Online

  Rogue and the pogueAsia Times Online, Hong Kong - 16 minutes agoMeanwhile, the British government has thrown a five-year line of credit to its troubled mortgage lender Northern Rock (Rocking the land of Poppins, ...
  2008-01-25 02:44:05

• Fed helpless in its own crisis - Asia Times Online

  Fed helpless in its own crisisAsia Times Online, Hong Kong - 16 minutes agoA repurchase agreement (repo) is a loan, often for as short as overnight, typically backed by top-rated US Treasury, agency, or mortgage-backed securities. ...
  2008-01-25 02:44:06

• China's small banks head to market - Asia Times Online

  China's small banks head to marketAsia Times Online, Hong Kong - 16 minutes agoThree of the country's 100-plus city commercial banks, restructured to clarify share-ownership issues and to clear up bad loans, have already listed ...
  2008-01-25 02:44:07

• Housing rebound on way? - Columbus Dispatch

  Housing rebound on way?Columbus Dispatch, OH - 11 minutes ago"The reality is the movement in mortgage rates is very unpredictable. Every time fixed mortgage rates have gotten this low, they've rebounded very sharply ...
  2008-01-25 02:48:33

• Ambac Rises on Speculation of Takeover by Wilbur Ross (Update1) - Bloomberg

  Ambac Rises on Speculation of Takeover by Wilbur Ross (Update1)Bloomberg - 10 minutes agoAs defaults on subprime mortgage loans accelerated, ratings companies downgraded bonds linked to the debt. The ratings companies then demanded the insurers ...
  2008-01-25 02:49:25

• Business briefs - Hudson Star Observer

  Business briefsHudson Star Observer, WI - 2 minutes agoEverson joins First American Bank as a mortgage loan processor with 15-plus years of experience. She works with mortgage lenders and clients, ensuring the ...
  2008-01-25 02:57:29

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