Mortgage and Financial News From 2007-10-9 Page 13

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  • Hospital loses money on sub prime mortgage market

    Big Pond News - ... from Gunns Visy boss admits to price fixing NSW hails horse flu vaccine win Hospital loses money on sub prime mortgage... ... Western Health chief executive Kathryn Cook says the hospital has sought legal advice about the investment. "We are ...
    2007-10-09 12:57:00

  • Time called on extravagant decade of debt

    Daily Telegraph - News, views and mortgage tools To counter the Tories' election-spiking inheritance tax master-stroke would require something ... He might, but obviously won't, remind the Prime Minister of Mr Micawber's advice on living within your means. For a look ...
    2007-10-09 05:50:00

  • Is buying property really safe as houses?

    Best Syndication - However, according to market analysts, private rent pricing now equals only two-thirds the cost of the mortgage, so are ... Syndication is for informational purposes only and is not meant to be advice. You should always seek professional advice ...
    2007-10-09 10:15:00

  • Movers: Google, Molson Coors Brewing, YUM Brands, Sprint Nextel

    BusinessWeek - Thornburg Mortgage ( TMA ) raises $863 million estimated aggregate third quarter loss resulting from asset sales to $1.099 ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
    2007-10-09 08:42:00

  • Changes loom for Engle Homes

    AZCentral.com - The parent company of Arizona builder Engle Homes has hired a Wall Street firm for advice and stopped offering earnings ... TOUSA, also known as Technical Olympic USA, has been hampered by weak conditions for homebuilding -mortgage problems ...
    2007-10-09 07:02:00

  • Brokers bashed

    Boston Globe - But many mortgage brokers are looking to make a living by dispensing valuable advice to help borrowers navigate the complicated, confusing mortgage maze, and they deserve to be compensated for their expertise. DEBORAH SIEGEL President Westchester ...
    2007-10-08 07:42:00

  • Wednesday, Oct. 9, Noon ET: Financial Futures

    Washington Post - Silver Spring, Md.: I could use some advice. My wife and I are in our late 30s and have two kids aged 2 and 4. Our only debt is our $280K mortgage on a home worth about $500K. We have about $250K in 401Ks and my government TSP combined. My wife is ...
    2007-10-09 10:51:00

  • Finance, Accounting and Consultancy (Mondaq)

    Two hedge funds affiliated with Bear Stearns & Co., Inc., the fifth-largest investment firm in the U.S., recently failed in a bid to obtain recognition under chapter 15 of the Bankruptcy Code of winding-up proceedings commenced in the Cayman Islands at the end of July for two of the firm's hedge funds that were casualties of the sub-prime mortgage meltdown.
    2007-10-09 05:26:19

  • Canadian housing starts increase unexpectedly in September (The Forex Market)

    FXstreet.com (Barcelona) – Starts of new houses have increased 19.6% in Canada in September, against expectations, to a seasonally adjusted annual rate of 278,000 new homes , according to Canada Mortgage and Housing Corp.
    2007-10-09 05:44:16

  • Judge warns over repossession costs (RTÉ News)

    A High Court judge has warned that the days of granting automatic costs for the legal professional in repossession cases are numbered. Ms Justice Elizabeth Dunne was speaking after hearing a number of cases taken by financial institutions against mortgage holders in arrears.
    2007-10-09 12:08:03

  • Eskan issues RMBS bonds (AME Info)

    Eskan RMBS Company, a subsidiary of Eskan Bank, has issued BD30m worth of conventional residential mortgage backed securities (RMBS) to add depth to the kingdom's debt capital market, reported the Bahrain Tribune.
    2007-10-09 03:15:14

  • Southfield event to detail financial strategies for unemployed (Detroit Free Press)

    Southfield City Treasurer Irv Lowenberg will offer words of advice today on how to survive during a job transition.
    2007-10-09 10:18:19

  • UK gross mortgage lending remains strong in Aug, driven by buy-to-let - CML (The Forex Market)

    LONDON (Thomson Financial) - UK mortgage lending remained strong in August, with gross lending at 34 bln stg against 34.1 bln in July, final figures from the Council of Mortgage Lenders showed.
    2007-10-09 05:14:29

  • Hospital loses money on sub prime mortgage market (Australian Broadcasting Corporation)

    The Western Hospital in Sunshine stands to lose more than a million dollars from investments exposed to the United States sub-prime mortgage market.
    2007-10-09 01:14:05

  • Rich Search Marketer, Poor Search Marketer

    dmnews.com - For example, most people regard owning a home as an asset, but when you add up taxes, depreciation, insurance, mortgage payments and the vagaries of an ailing housing market, it's clear that homes more often behave like liabilities than assets. The ...
    2007-10-09 12:50:00

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