Mortgage and Financial News From 2008-2-4 Page 35

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  • Cooper City Realtor Takes Office as President of Florida's Largest ... - FOXBusiness

    Cooper City Realtor Takes Office as President of Florida's Largest ...FOXBusiness - 7 minutes agoIn addition, Bonfiglio plans to work with the state Legislature on issues relating to property tax reform and subprime mortgage loans. ...
    2008-02-04 01:52:31

  • Harrington West Reports December 2007 Quarter and Full Year ... - Centre Daily Times

    Harrington West Reports December 2007 Quarter and Full Year ...Centre Daily Times, PA - 7 minutes agoAsset quality remained relatively stable throughout the quarter with $1.8 million of non-performing loans (delinquent more than 90 days) at December 31, ...
    2008-02-04 01:52:46

  • The Best Ways to Control the Customer Experience - RisMedia.com (press release)

    The Best Ways to Control the Customer ExperienceRisMedia.com (press release), CT - 5 minutes agoThey are taking steps to ensure that the loans they purchase beginning in March 2008 will be priced to mitigate risk. This means additional costs and fees. ...
    2008-02-04 01:55:02

  • Fed Says US Banks Are Tightening Lending Standards (Update3) - Bloomberg

    Fed Says US Banks Are Tightening Lending Standards (Update3)Bloomberg - 4 minutes agoThe Treasury last year brought mortgage lenders together through an alliance called Hope Now to fast-track loan modifications and keep Americans in their ...
    2008-02-04 01:55:50

  • Royal Bank of Canada, RBC Centura Banks, Inc. and Alabama National BanCorporation Announce Extension of Cash/Stock ... (PR Newswire via Yahoo! Finance)

    Alabama National BanCorporation , Royal Bank of Canada and RBC Centura Banks, Inc. announced today that the deadline for ANB stockholders to make an election to receive cash or RBC common shares , subject to proration, in connection with the pending merger between RBC Centura and ANB, has been extended from 5:00 p.m.
    2008-02-04 01:30:00

  • Fed says bank loan standards now tighter (Washington Post)

    WASHINGTON (Reuters) - Banks in the United States tightened their lending standards and terms for businesses and consumers alike amid a deteriorating economic outlook, a Federal Reserve survey showed on Monday.
    2008-02-04 01:32:23

  • Want a Mortgage? Now is Not the Time (ABC News)

    Survey shows "significant numbers" of lenders have tightened credit standards.
    2008-02-04 01:32:34

  • Mortgage Banker Admits Role In Cunningham Case (KGTV San Diego)

    A New York mortgage broker pleaded guilty to conspiracy and making a false statement to a federal grand jury in connection with the processing of fraudulent loans for ex-congressman Randy "Duke" Cunningham.
    2008-02-04 01:35:25

  • Suitor Ends Bid for Northern Rock (NYTimes.com via Yahoo! Finance)

    Olivant Advisers dropped out of the bidding, increasing the chances for Richard Branson’s Virgin Group, which submitted a takeover proposal before the Monday deadline. .
    2008-02-04 01:39:36

  • TD Bank backing away from ABCP restructuring could have ramifications: observer (MSN Money Canada)

    TORONTO - Toronto-Dominion Bank's decision to distance itself from the restructuring of about $33 billion worth of Canadian asset-backed commercial paper was widely expected, but could serve to alienate the bank from a rescue effort that has united much of the financial community, says a credit industry consultant.
    2008-02-04 01:44:10

  • EconoLog (AP via Yahoo! Finance)

    Is the U.S. economy slipping into recession? Economists, analysts, company executives and investors are increasingly recognizing the possibility.
    2008-02-04 01:51:29

  • Harrington West Reports December 2007 Quarter and Full Year Results and Declares a 12.5 Cent Per Share Regular ... (Centre Daily Times)

    Harrington West Financial Group, Inc. (Nasdaq:HWFG), the holding company for Los Padres Bank, FSB and its division, Harrington Bank, today announced that net earnings in the December 2007 quarter were $619 thousand or 11 cents per diluted share compared to $2.0 million or 35 cents per diluted share in the December 2006 quarter. Net earnings for the December 2007 quarter included pre-tax ...
    2008-02-04 01:54:28

  • Fed move, stimulus plan may not boost auto sales in short run

    WWJ Newsradio 950 - ... lenders who are wary of making anything but high-quality loans in the wake of the subprime mortgage meltdown. “While the Fed can lower interest rates ... After slipping to its lowest level in almost five years, the institute’s manufacturing index ...
    2008-02-04 03:56:00

  • Stocks Fall As Investors Mull Economy

    WTOP Radio - ... sacrificing the advance it made after the Federal Reserve cut interest rates half a ... or the interest banks pay one another for overnight loans, to 3 percent, the lowest ... The subprime mortgage crisis has been creating problems for homeowners and financial ...
    2008-02-04 08:21:00

  • North Dakota Dodges Economy Woes

    CBS News - ... economy and conservative lending that avoided the worst excesses of the mortgage ... The Federal Reserve sliced rates by a half percentage point Wednesday, following ... Experts credit the healthy housing market on a strong local economy, the lowest ...
    2008-02-04 07:38:00

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