Mortgage and Financial News From 2007-10-12 Page 22
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Foreclosures in Sept. double year-ago total
Philadelphia Inquirer - ... struggled to make payments on adjustable-rate mortgages, RealtyTrac Inc. said yesterday. Still, the 223,538 foreclosure filings last month were 8 percent less than in August. California had the most, with 51,259 filings, and Florida was second, with 33 ...
2007-10-11 11:49:00 -
Foreclosures double in U.S. (Deseret Morning News)
U.S. home foreclosures doubled in September from a year earlier as subprime borrowers struggled to make payments on adjustable-rate mortgages, RealtyTrac Inc. said.
2007-10-11 11:34:30 -
Foreclosures up from '06 (The Charlotte Observer)
U.S. home foreclosures doubled in September from a year earlier as subprime borrowers struggled to make payments on adjustable-rate mortgages, RealtyTrac Inc. said. There were 223,538 foreclosure filings last month, including default and auction notices and bank repossessions, an 8 percent decline from August. California had the most with 51,259 filings and Florida was second with 33,354. The ...
2007-10-12 12:11:15 -
U.S. Commercial Paper Increases for Second Consecutive Week (Bloomberg.com)
Oct. 11 (Bloomberg) -- The market where companies borrow for periods of nine months or less expanded for the second straight week as investors regained an appetite for higher-yielding short- term debt.
2007-10-11 07:55:17 -
City mortgages rise sharply (China Daily)
Personal loans and mortgages at Shanghai's domestic banks rose significantly in the third quarter to nearly double that of the first half, the central bank's Shanghai headquarters said yesterday.
2007-10-11 07:43:32 -
City mortgages rise sharply (People's Daily)
SHANGHAI: Personal loans and mortgages at the city's domestic banks rose significantly in the third quarter to nearly double that of the first half, the central bank's Shanghai headquarters said yesterday. Personal loans and mortgages is ...
2007-10-11 10:46:28 -
State 12th in high-rate mortgages, study says (Tulsa World)
Subprime woes may get much worse here. High-rate mortgages, which include high-risk subprime loans, comprised 30.3 percent of all Oklahoma mortgages issued in 2006 and totaled $2.777 billion, the Wall Street Journal reported Thursday.
2007-10-12 12:54:29 -
Paved with legal muck
News Herald - ... 2297, about a half-dozen homes are unfinished, their cinderblock foundations holding only sand. Buyer interest in ... Indymac Bank’s lawsuit is only a piece of this alleged $20 million mortgage fraud scheme involving WatersEdge. Bertsch is ...
2007-10-11 10:37:00 -
First-time buyers are deserting property market, survey shows
Times Online - Economists said that the decline was evidence that the impact of higher interest rates, high house prices and only modest growth in disposable ... being spent on repayments is now at a near 16-year high of 20 per cent, according to the Council of Mortgage ...
2007-10-11 11:20:00 -
Yen Falls as Bank of Japan Keeps Interest Rate at 0.5 Percent
Bloomberg - Yen Falls as Bank of Japan Keeps Interest Rate at 0.5 Percent By Ye Xie and Gavin ... BOJ voted 8-1 to keep rates on hold, with board member Atsushi Mizuno the only ... The central bank needs more time to gauge the effect of the U.S. subprime mortgage ...
2007-10-11 06:16:00 -
Follow principles of fair globalization
Miami Herald - ... workers, ensuring portable pensions and developing experiments in insurance for mortgage ... and environmental standards. • We need to embrace exports with enlightened self-interest. With a still-gaping trade gap, we need to export more. We can only do ...
2007-10-12 12:03:00 -
Early defeat launched a rapid political climb
Boston Globe - He tasted the frustrations of trying to make change only from the bottom ... Obama built a reputation as a pragmatist with a genuine interest in reaching across ... and Harvard Law School - said their combined school loan debt exceeded the mortgage ...
2007-10-12 12:10:00 -
Marcial: This Market Rally Has Legs
BusinessWeek - ... financial houses are being crimped by huge losses and write-downs because of their involvement in the subprime mortgage ... HedgeLoan® Stock Loans Interest-only loans against free-trading stock. Open to any owner of free-trading stock. Since 1999. ...
2007-10-11 09:11:00 -
Euroshares outlook - lower following a heavy sell off on Wall Street
Forbes - ... Axel Weber pointed to rising price risks, raising concerns that further interest ... Back in Europe, Virgin Group emerged as one of the contenders for ailing mortgage ... News and its third party content providers for your personal information only ...
2007-10-12 12:10:00 -
Japanese govt bonds end morning mixed after Fukui comments, ahead of ...
Forbes - ... ended Friday morning mixed on expectations the central bank may not hike interest ... to trade in tight ranges for the rest of this year because the subprime mortgage ... News and its third party content providers for your personal information only ...
2007-10-11 09:40:00