Mortgage and Financial News From 2008-4-27 Page 2
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In search of the best mortgage deal - Daily World
Mortgages. Loans. Refinancing. For many people the whole process is confusing to say the least. Last week our housing counselor, Royce Travis, provided us with answers to frequently asked questions on this subject. And, she’s joining us again today ...
2008-04-25 05:53:00 -
UPDATE 1-Irish insurer FBD rejects approach from Eureko - Reuters
DUBLIN, April 27 (Reuters) - Ireland's FBD Holdings Plc (FBD.I: Quote , Profile , Research ) said on Sunday its board had rejected an approach from the Netherlands' biggest insurer Eureko, partly owned by unlisted Rabobank [RABN.UL]. A spokesman for ...
2008-04-27 11:53:00 -
Money matters - Atlanta Journal Constitution
Don't buy "mortgage" life insurance that pays off the entire mortgage upon your death. This insurance will leave your spouse house-rich and cash-poor. We're not saying you shouldn't have insurance to protect your family when you're gone. What we are ...
2008-04-25 02:54:00 -
Genworth's stock slips on slashed profit target for '08 - Forbes
Genworth Financial Inc.'s stock dipped Friday after the insurer posted losses on its investment portfolio and in its mortgage insurance division. The Richmond, Va., insurer's profit shriveled to $116 million from $324 million in the first quarter ...
2008-04-25 04:20:00 -
Condo-loan restrictions tightening - Baltimore Sun
If you own or plan to buy a condominium, an ominous new phase of the mortgage credit squeeze could be looming on your horizon. As a result of underwriting changes by giant investors Fannie Mae and Freddie Mac , plus severe new restrictions by private ...
2008-04-27 10:56:00 -
Webcast Alert: First Quarter 2008 Results Conference Call (LandAmerica ... - MSN MoneyCentral
If you are unable to participate during the live webcast, the call will be available for replay at http://www.investorcalendar.com/ClientPage.asp?ID=127236 or http://www.investorcalendar.com/ LandAmerica Financial Group, Inc. is a leading provider of ...
2008-04-27 07:35:00 -
House prices could fall a quarter over next two years, agents warn - Times Online
House prices could fall by 25 per cent if the credit crunch persists, with the market declining by 10 per cent this year and by a further 15 percentage points in 2009, a new study suggests. The pain will be felt in all but the most exclusive ...
2008-04-27 12:43:00 -
AP Business NewsBrief at 5:01 p.m. EDT - CNBC
Buffett, Munger will again field shareholders' questions news://newsclip.ap.org/D90AEKJO0@news.ap.org OMAHA, Neb. (AP) _ The wisdom of billionaires Warren Buffett and Charlie Munger will be on display again next weekend when the two men field ...
2008-04-27 02:02:00 -
Mortgage lender HBOS may launch rights issue - Raw Story
The board of HBOS, Britain's biggest mortgage lender, will meet Monday to discuss a possible multi-billion pound rights issue due to the international credit crunch, media reported Sunday. The firm, which declined to comment on the reports, will ...
2008-04-27 07:35:00 -
HBOS to raise up to £4bn from rights issue - Financial Times
HBOS was last night finalising plans to tap investors for fresh capital of up to £4bn in a rights issue to bolster its capital base. The biggest mortgage lender faces writedowns of up to £3bn on its Treasury assets and complex trading securities ...
2008-04-27 01:55:00 -
Fed to hold public hearings on BofA-Countrywide deal - Baltimore Sun
LOS ANGELES - Consumer advocates nervous about Bank of America Corp. 's proposed takeover of troubled mortgage lender Countrywide Financial Corp. are pressuring the bank to provide assurances that Countrywide borrowers facing foreclosure won't lose ...
2008-04-27 01:05:00 -
Fed expected to cut rates, but focus will be on its words - International Herald Tribune
WASHINGTON : This time, will the Fed's words speak louder than its actions? Just ahead of a meeting of Federal Reserve policy makers this week, the widely shared consensus is that the Fed will most likely cut its benchmark short-term interest rate to ...
2008-04-27 11:24:00 -
Your loans may survive a rate scare - Hindustan Times
Your home and personal loans may survive an interest rate rise scare this week as the Reserve Bank of India (RBI) unveils its quarterly credit policy review on Tuesday. While high inflation has policy-makers worried, expectations are that the central ...
2008-04-27 09:59:00 -
Rate uncertainty hangs over U.S. stocks - Boston Globe
NEW YORK (Reuters) - The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is likely guaranteed. Sparks could fly, however, if ...
2008-04-27 12:43:00 -
Dollar at three-week highs vs euro on rates view - Reuters
NEW YORK (Reuters) - The dollar traded at three-week highs against the euro on Friday, boosted by a growing view the Federal Reserve may stop cutting interest rates soon. U.S. economic data this week showing resilience in some sectors, such as the ...
2008-04-25 10:01:00