Mortgage and Financial News From 2007-10-9 Page 8

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  • Fed Saw a Period of "High Uncertainty" Before Rate Cut

    ABC News - Minutes From September Interest Rate Meeting Show Concern Over Housing and Credit Market Turmoil; Inflation Risk Dropping ... remained essentially unavailable, little activity was evident in the markets for other nonprime mortgages, and prime ...
    2007-10-09 12:53:00

  • S&P expert: Subprime crisis likely to worsen

    CNN Money - The Fed cut its benchmark interest rate target by half a percentage point to 4.75 percent last month after a weak August payrolls report and amid the summer doldrums in financial markets. However, the strong September numbers and a revision in the ...
    2007-10-09 12:53:00

  • Fed rate-cut decision unanimous (BBC News)

    Minutes from the Federal Reserve meeting that cut rates by half a point show the decision was unanimous.
    2007-10-09 11:35:57

  • Westfield not worried (Daily Telegraph)

    WESTFIELD managing director Steven Lowy has brushed off the Australian dollar's latest leap and chance of another interest rate rise, saying the shopping mall giant can handle both.
    2007-10-09 02:53:00

  • Westfield brushes off higher dollar (AAP via Yahoo!7 News)

    Westfield managing director Steven Lowy has brushed off the Australian dollar's latest leap and chance of another interest rate rise.
    2007-10-09 03:46:11

  • Mizuho to raise its prime rate (The Japan Times)

    Mizuho Corporate Bank said Tuesday that it will raise its long-term prime rate 0.20 percentage point to 2.45 percent per year in light of recent interest rate trends. Read more ...
    2007-10-09 04:49:54

  • Sen. Hagel Introduces Bill To Extend Social Security Retirement to 68

    Senior Journal - ... unfunded liability for Social Security over the 75-year horizon the Social Security Administration uses to calculate ... These securities consist of government bonds, corporate bonds, and mortgage-backed securities. Between 1995-2004 ...
    2007-10-08 08:29:00

  • Keeping track of Business Week 100

    News-Press - It has been four months, and in that time we have seen a few all-time highs, a throw-everything-out decline, a mortgage ... By comparison, the editors calculate that the S&P Industrials (sans transports, utilities or financials) profit growth is 21 ...
    2007-10-07 05:56:00

  • Ellington reportedly the latest hedge fund to face valuation problems

    Marketwatch - ... holdings and report performance have increased in recent months as this summer's credit crisis disrupted trading of mortgage ... Ellington, run by Michael Vranos, has suspended redemptions on two of its funds because it can't calculate their net asset ...
    2007-10-09 12:17:00

  • Debt consolidation for saving money

    Best Syndication - But as a safety measure before obtaining the loan make it a point to properly calculate the debt and interest amounts so that you can land up with the best deal possible. RateEmpire provides mortgage and mortgage rate financial marketplace which ...
    2007-10-09 03:59:00

  • 9 dumbest retirement moves (Bankrate.com via Yahoo! Finance)

    Like excitement? Follow these sure-fire ways to live out your golden years on the edge of a steep cliff.
    2007-10-09 03:00:00

  • Some hedge funds may misreport returns, study concludes (Market Watch)

    SAN FRANCISCO (MarketWatch) -- Some hedge funds may intentionally inflate returns to avoid reporting losses and keep investors on board, according to a study
    2007-10-09 11:25:29

  • Page 3 of 5

    Asia Times - October 3 – Bloomberg (Jody Shenn): “About 17% of subprime-mortgage balances in bonds are too large for borrowers to refinance into loans from Fannie ...
    2007-10-09 10:29:00

  • Web site lets buyers compare title insurance rates

    East Bay Business Times - Homeowners and individuals looking to refinance their homes will be able to search by ZIP code and other factors to find the most competitive provider in their area. The California Land Title Association is a nonprofit corporation founded in 1907 ...
    2007-10-09 02:33:00

  • TXU deal expected to close Wednesday

    KSLA - The investors plan to borrow $24.5 billion in new debt and refinance old debt to pull off the deal. Consumer advocates say they know who'll pay the bill -- ratepayers. A spokesman for the buyers declined comment. Copyright 2007 The Associated Press. All ...
    2007-10-09 03:09:00

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