Mortgage and Financial News From 2008-2-4 Page 27

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  • Mortgage relief for firstborns

    MyFinances.co.uk - ... brothers and sisters. A survey has found parents spend more time helping their eldest child buy a home and also give them more money towards their first mortgage than they do for the second or thirdborns in the family. According to Abbey mortgages, 17 ...
    2008-02-04 04:39:00
  • Fitch Affirms Unum Group's IDR at 'BBB' & IFS at 'A-'; Outlook to ...

    Forbes - Notably, UNM had virtually no exposure to subprime mortgages or collateralized debt obligations at Dec. 31, 2007. Holding ... target for financial leverage of approximately 25%, and plans to reduce corporate debt by $800 million by the end of second ...
    2008-02-04 11:49:00
  • Hedge funds pull in slightly more cash in 2007

    Forbes - Paulson's wager against the housing market, where his team put on trades designed to make money when mortgages lost value ... In the second half of the year, when the market and investors were unnerved by credit market problems, 30 funds launched ...
    2008-02-04 12:17:00
  • Canadian Banks Agree to Support Commercial Paper (Update2)

    Bloomberg - ... Inc. and other funds failed to renew maturing debt because investors were concerned about ties to U.S. subprime mortgages ... Toronto-Dominion, the country's second-largest bank, has indicated it didn't want to back-stop the new funds because it ...
    2008-02-04 01:29:00
  • UPDATE 3-Banks, except TD, back Canada debt market workout

    Forbes - ... in August last year when investors started to worry about the debt investments' exposure to troubled U.S. subprime mortgages. A ... Toronto-Dominion Bank (nyse: TD - news - people ), Canada's second biggest bank, was noticeably absent ...
    2008-02-04 01:57:00
  • Kass: Expect Substandard Returns

    Street.Com - ... smooth ride for the much-anticipated IPO for its rival Visa. Observers say Visa could go public sometime in the second ... about the stalling consumer. But while consumers seem to be struggling with payments on everything from cars to mortgages ...
    2008-02-04 09:04:00
  • China Sovereign Wealth Can Profit From Storms: Andy Mukherjee

    Bloomberg - ... for) financial innovation may have fallen to a new low following the unraveling of securities tied to U.S. subprime mortgages ... It was the second death as a result of mass overcrowding at the platforms. Black Swan The Chinese ...
    2008-02-04 03:09:00
  • United Capital's Devaney Says a Major Bank May Fail (Update1)

    Bloomberg - ... 35 percent for at least one client last year and prevented investors from withdrawing their cash, says some bonds derived from mortgages are a bargain. ``One of the reasons I sold my yacht was to take all of my money to go and buy second ...
    2008-02-04 02:40:00
  • UPDATE 2-Freddie Mac eyes expansion in apartment financing

    Reuters - Freddie Mac, the second-largest U.S. provider of home-loan financing, under the proposal would buy mortgages secured by apartment units from a network of lenders and sell them as loans or securities backed by those loans. "We have done components of ...
    2008-02-04 02:19:00
  • First-borns Get Most From Bank of Mum & Dad - Find a Property

    First-borns Get Most From Bank of Mum & DadFind a Property - 6 hours agoAccording to research from Abbey Mortgages, all these misconceptions are turned on their head when it comes to parents helping their offspring out of the ...
    2008-02-04 09:46:15
  • RBS appoints new heads of credit markets division - Financial News Online US

    RBS appoints new heads of credit markets divisionFinancial News Online US, UK - 5 hours agoHamilton is also global co-head of credit markets, Americas, with Joe Walsh, global head of mortgages and financial institution debt capital markets. ...
    2008-02-04 10:04:32
  • ABS may help match bonds with sharia: Moody's - Reuters

    ABS may help match bonds with sharia: Moody'sReuters - 5 hours ago... get one part of the market out of that credit gridlock." Demand could emerge locally for deals as early as the second quarter, Howladar said. Continued...
    2008-02-04 10:37:52
  • Fitch Affirms Unum Group's IDR at 'BBB' & IFS at 'A-'; Outlook to ... - Business Wire (press release)

    Fitch Affirms Unum Group's IDR at 'BBB' & IFS at 'A-'; Outlook to ...Business Wire (press release), CA - 4 hours agoNotably, UNM had virtually no exposure to subprime mortgages or collateralized debt obligations at Dec. 31, 2007. Holding-company liquidity and flexibility ...
    2008-02-04 11:51:58
  • Stock and Financial Markets Major Dangers! Massive Opportunities! - The Market Oracle

    Stock and Financial Markets Major Dangers! Massive Opportunities!The Market Oracle, UK - 3 hours agoThe delinquency rate on second mortgages and lines of credit are through the roof. And the banks in this sector are getting hit hard. ...
    2008-02-04 11:55:45
  • Bond Guru Bill Gross on the Housing Crisis - U.S. News & World Report

    Bond Guru Bill Gross on the Housing CrisisU.S. News & World Report, DC - 3 hours agoFor those with [adjustable-rate mortgages] it does, if they don't have to adjust upwards and can begin to adjust downwards. But the housing decline is ...
    2008-02-04 12:04:16