Mortgage and Financial News From 2007-9-26 Page 01

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  • Carnegie Mellon Building Robot for Lunar Prospecting

    SpaceRef - 220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun games we operate. In addition to the 20 online bingo rooms we operate, we also have online keno. - ...
    2007-09-26 05:54:00

  • Damage mapping product: Greeks get space-based help in wake of deadly ...

    SpaceRef - 220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun games we operate. In addition to the 20 online bingo rooms we operate, we also have online keno. - ...
    2007-09-26 05:54:00

  • Mars Express Image: The mysterious ridges at the mouth of Tiu Valles

    SpaceRef - 220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun games we operate. In addition to the 20 online bingo rooms we operate, we also have online keno. - ...
    2007-09-26 05:54:00

  • Solving 'Official' Problem

    Wall Street Journal - Credit-rating companies face more questions on Capitol Hill today over their ratings of subprime mortgage-backed bonds. So far, the two-day hearings have achieved little other than hinting at problems in the rating providers' semiofficial standing ...
    2007-09-26 05:18:00

  • Recession seen as just a matter of time

    St. Petersburg Times - Especially hard hit: home builders and mortgage lending companies. The slowdown is extending to major retailers, including Target and Lowe's, which have trimmed profit expectations for the year as consumer spending wanes. Recession fears are on the ...
    2007-09-26 09:08:00

  • Written by Bruce Leshan

    WUSA - HERNDON, Va. (WUSA) -- A big time warning about the subprime mortgage crisis coming home to the DC region. Banks and mortgage companies are sitting on so many homes seized from borrowers that they've called in the country's biggest auction house for ...
    2007-09-26 02:55:00

  • Analyst cuts Merrill Lynch on possible $4B writedown

    CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... With financial markets in distress, the four banks said commitments to finance corporate takeovers and exposure to mortgage ...
    2007-09-26 05:04:00

  • Money talk: Equity release

    Daily Telegraph - Property owners who use a lifetime mortgage to release a lump sum or income can find they actually pay a more expensive interest rate if they go directly to major companies, rather than through a third party such as a financial adviser. James and ...
    2007-09-26 10:12:00

  • Stock Funds Climbed at Slowest Pace in More Than a Year in U.S.

    Bloomberg - The worst performer was the $101 million Schneider SmallCap Value Fund, down 19 percent during the quarter because of investments in mortgage companies. The fund is run by Arnold Schneider at Schneider Capital Management LP in Wayne, Pennsylvania ...
    2007-09-26 09:36:00

  • Clinton's Money Men Sing in Tune With Bush's

    Washington Post - It could make sense to ease restrictions on government-sponsored mortgage companies Fannie Mae and Freddie Mac to make funding available to home buyers in the short run, Summers said, but he added that the companies should likely face a tighter rein ...
    2007-09-26 07:34:00

  • Senators grill credit-rating agencies amid mortgage mess (El Paso Times)

    WASHINGTON -- Executives from major credit rating agencies on Wednesday were accused by senators of being hampered by conflicts of interest that may have contributed to the mortgage market turmoil rattling investors worldwide.
    2007-09-26 11:02:29

  • Credit rating agencies grilled over mortgage market mess (The Salt Lake Tribune)

    WASHINGTON - Executives from major credit rating agencies on Wednesday were accused by senators of having conflicts of interest that may have contributed to the mortgage market turmoil rattling investors worldwide.
    2007-09-26 11:05:05

  • Bank fears squeeze on companies (FT.com via Yahoo! News)

    Evidence that the credit squeeze will hurt the UK economy emerged on Wednesday when a Bank of England survey showed companies were likely to be hit hard by higher borrowing costs. This was followed by one of Britain's biggest housebuilders reporting plummeting sales in the wake of the Northern Rock crisis.
    2007-09-26 01:16:24

  • Parents’ key lesson on funding private education – plan ahead

    Daily Telegraph - But Katie Tucker, at mortgage broker Charcol.co.uk, said: "For many parents it is likely that in the last few years the value of their house will have risen, and the value of their mortgage will have gone down. This presents an opportunity to ...
    2007-09-26 05:23:00

  • PRESS DIGEST - British business press - SEPT 27 =6

    Reuters UK - Goldmans said HBOS's share price reflects concerns on liquidity, corporate profitability and mortgage strategy. The broker said that it expected HBOS to "rally during the latter part of the year as these concerns ease, and see 47 percent upside to ...
    2007-09-26 05:54:00

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