Mortgage and Financial News From 2008-2-4 Page 25

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• Third world America - New York Times Blogs

  Third world AmericaNew York Times Blogs, NY - 4 hours agoOver a trillion dollars was channeled into the sub-prime mortgage market, which is comprised of the poorest and least credit worth borrowers within the ...
  2008-02-04 12:23:21

• Recent Fed Rate Cut Draws Mixed Reaction - Voice of America

  Recent Fed Rate Cut Draws Mixed ReactionVoice of America - 4 hours agoThe cuts are meant to encourage consumers by making credit more available, and to rally plunging stock markets. But financial experts note that the risk of ...
  2008-02-04 12:32:18

• Egg Card Cracked by Credit Crunch as Customers Scramble for Cover - The Market Oracle

  Egg Card Cracked by Credit Crunch as Customers Scramble for CoverThe Market Oracle, UK - 4 hours agoThe Credit crunch crisis was sparked by the collapse of the US sub prime mortgage market, the consequences of which impacted upon the inter bank lending ...
  2008-02-04 12:41:28

• Bond investors face fears of inflation, supply - Guardian Unlimited

  Bond investors face fears of inflation, supplyGuardian Unlimited, UK - 3 hours agoLast year, recession worries and concerns over the mortgage market emerged to cause a bond rally at the end of February. Economic sentiment is far more grim ...
  2008-02-04 12:47:04

• Stocks pull back, led by financials - USA Today

  Stocks pull back, led by financialsUSA Today - 3 hours ago"The first wave has come through the residential mortgage market, and now we're beginning to see credit card delinquencies on the increase.''
  2008-02-04 01:26:45

• US Stocks Drop on Bank Downgrades; American Express Declines - Bloomberg

  US Stocks Drop on Bank Downgrades; American Express DeclinesBloomberg - 3 hours ago``The first wave has come through the residential mortgage market, and now we're beginning to see credit card delinquencies on the increase. ...
  2008-02-04 01:45:07

• Olivant exit blows chance of Rock battle - Financial Times (subscription)

  Olivant exit blows chance of Rock battleFinancial Times (subscription), UK - 2 hours agoAlmost six months after Northern Rock was hit by the global credit storm, Mr Darling still hopes he can pull off a private sale through a controversial ...
  2008-02-04 02:01:23

• Our Debt is an Evil Burden for our Children - Best Syndication

  Our Debt is an Evil Burden for our ChildrenBest Syndication, CA - 2 hours agoThe honor of our banks and our economy have been left a shambles by Lender/Gamers who provided mortgage money to simple people who obviously could not pay ...
  2008-02-04 02:10:03

• Your e-mail: - FXstreet.com The Foreign Exchange Market

  Your e-mail:FXstreet.com The Foreign Exchange Market, Spain - 2 hours agoKatherine Egbert, an analyst from Jefferies & Co., said the mortgage crisis spilling into other sectors "may be around the corner," though it has not yet ...
  2008-02-04 02:19:45

• TD Bank backing away from ABCP restructuring could have ... - 940 News

  TD Bank backing away from ABCP restructuring could have ...940 News, Canada - 14 minutes agoOnly some ABCP is backed by mortgages. Other assets could include credit card receivables, vehicle loans and financial derivatives, but the credit crunch ...
  2008-02-04 04:31:03

• Think twice before you file - Tehachapi News

  Think twice before you fileTehachapi News, CA - 12 minutes agoWhen applying for a loan, however, this can be bad news. Given the constriction in mortgage credit since last August, stated-income loans are becoming ...
  2008-02-04 04:32:36

• Faltering US economy curbs our prosperity - BCLocalNews

  Faltering US economy curbs our prosperityBCLocalNews, Canada - 10 minutes agoThe single culprit here is the US subprime mortgage debacle, in which easy credit was extended in a way never before seen in the modern history of financial ...
  2008-02-04 04:34:58

• Olivant exit blows chance of Rock battle (Financial Times)

  Alistair Darling’s hopes of a vigorous bidding war for Northern Rock were dealt a serious blow on Monday night after Olivant’s withdrawal from the auction revived speculation that the chancellor might yet have to nationalise the bank.
  2008-02-04 02:06:35

• Special Coverage (The Forex Market)

  NEW YORK (AP) - Is the U.S. economy slipping into recession? Economists, analysts, company executives and investors are increasingly recognizing the possibility.
  2008-02-04 02:13:23

• Post Properties Announces Fourth Quarter 2007 Earnings (Business Wire via Yahoo! Finance)

  ATLANTA----Post Properties, Inc. announced today net income available to common shareholders of $77.3 million for the fourth quarter of 2007, compared to $45.0 million for the fourth quarter of 2006.
  2008-02-04 02:21:00

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