Mortgage and Financial News From 2008-2-4 Page 29

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  • Business briefs: Dow falls despite good factory orders report (Lincoln Journal Star)

    NEW YORK — Wall Street retrenched Monday, closing sharply lower as investors showed their cautious side and cashed in profits from the market’s best week in nearly five years. The Dow Jones industrial average fell more than 100 points.
    2008-02-04 02:48:15

  • Witnesses describe Chicago mall shooter (WTOL 11 Toledo)

    A second witness has come forward with a description of the suspect's vehicle. While more details will be released Monday, Grady did say the car is red, which will allow police to better analyze surveillance video, and perhaps enhance a license plate, reports WBBM.
    2008-02-04 03:48:56

  • MUFG cautious over targeting western markets

    Financial Times - ... opportunities in western markets provided by the current turmoil, but is only ... investment opportunities in the US banking sector that stem from subprime mortgage ... Group, the country’s third-largest bank, and MUFG have expressed interest in US ...
    2008-02-04 09:04:00

  • That hairshirt! I must have it

    Times Online - Now we have regular reports of mortgage interest and even tax payments being met by credit card. Mortgages themselves went mad 20 years ago: I well remember dinner-party pundits saying that the only sensible thing was to take out as big a loan as you ...
    2008-02-04 01:36:00

  • PartnerRe Ltd. Reports Fourth Quarter and Full Year 2007 Results

    Forbes - ... realized losses on investments and net after-tax losses from the Company's interest ... to place undue reliance on these forward-looking statements, which speak only as ... Mortgage/ Asset Backed 15 16 ...
    2008-02-04 01:07:00

  • Fed: Mortgages Are Harder to Get

    ABC News - ... on Monday released a survey showing that "significant numbers" of lenders have tightened their standards for mortgage ... And if you are looking for a non-traditional loan like a subprime or an interest-only, 85 percent of the banks that issued ...
    2008-02-04 01:29:00

  • Reserve Bank of Australia set to raise rates again

    News.com.au - ... expect to be repaying around $50 extra per month on an average mortgage after today's Reserve Bank of Australia board meeting. The RBA is widely tipped to raise its key interest ... 30 seconds after the Rudd slide, the economic issues became not only ...
    2008-02-04 02:55:00

  • Bank losses from monolines seen up to $7 billion

    Reuters - NEW YORK (Reuters) - Financial institutions are likely to take only around $5 ... also said a bailout of the bond insurance industry is not in the economic interest ... capital as adequate due to expected losses from insuring risky residential mortgage ...
    2008-02-04 01:57:00

  • Thornburg Mortgage Reports 4Q Diluted EPS of $0.33

    Forbes - Thornburg concluded, "Under Larry's direction, this management team not only survived one of the toughest mortgage market environments in ... are prudent and conservative yet representative of the competing factors of falling mortgage interest rates ...
    2008-02-04 02:19:00

  • Thornburg Mortgage 4Q profit tops consensus analyst estimate

    Forbes - SAN FRANCISCO (Thomson Financial) - Thornburg Mortgage Inc. late Monday reported ... Net interest income for the quarter ended Dec. 31 was $87.2 million versus $90.7 ... News and its third party content providers for your personal information only ...
    2008-02-04 03:02:00

  • UPDATE 1-Bank losses from monolines seen $5 bln-$7 bln: analyst - Reuters

    UPDATE 1-Bank losses from monolines seen $5 bln-$7 bln: analystReuters - 1 hour agoMorgan Stanley evaluated mortgage exposure in collateralized debt obligations (CDOs) insured by the bond insurance arms of Ambac Financial Group Inc (ABK. ...
    2008-02-04 02:01:38

  • Japanese banks ponder the future - FinanceAsia

    Japanese banks ponder the futureFinanceAsia, Hong Kong - 1 hour agoWorst hit was Nomura, whose performance was hurt by its US residential mortgage business, which has since been closed down. It’s likely that the technical ...
    2008-02-04 02:01:40

  • Legacy Banks Announces Plans to Establish Capital District Branch ... - Trading Markets (press release)

    Legacy Banks Announces Plans to Establish Capital District Branch ...Trading Markets (press release), CA - 1 hour agoLegacy offers Personal Banking, Mortgage Lending, Commercial Services, Insurance, Investments, Portfolio Management, Credit and Debit Card products, ...
    2008-02-04 02:07:05

  • Changing Spain takes fast-track divorce, same-sex marriage in stride - The Canadian Press

    Changing Spain takes fast-track divorce, same-sex marriage in strideThe Canadian Press - 1 hour ago... with inflation above four per cent, skyrocketing mortgage interest rates and a general sense that one of Europe's top-tier economies is cooling. ...
    2008-02-04 02:11:03

  • Thornburg Mortgage Reports 4Q Diluted EPS of $0.33 - WELT ONLINE

    Thornburg Mortgage Reports 4Q Diluted EPS of $0.33WELT ONLINE, Germany - 1 hour agoWe believe our prepayment assumptions are prudent and conservative yet representative of the competing factors of falling mortgage interest rates offset by ...
    2008-02-04 02:28:31

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