Mortgage and Financial News From 2008-7-2 Page 13

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  • Please input the letters/numbers that appear in the image below. (not ... - DailyTech

    New program hopes to provide a boost to hybrids, put more eco-friendly cars on the road With increased concerns about global warming and soaring gas costs , the U.S. and Canadian governments are looking to provide relief to consumers checkbooks and ...
    2008-07-01 04:48:00
  • RBS issues home loans bond - Financial Times

    The Royal Bank of Scotland has issued a £16.7bn mortgage-backed bond as part of its funding strategy to free up its balance sheet. The bank can use the paper, which is backed by its own home loans, as collateral in exchange for government bonds or ...
    2008-07-01 11:29:00
  • UK Q1 mortgage equity withdrawal 5.0 bln pounds, lowest in 7 years ... - CNBC

    (Updating to add analysts' comments) LONDON (Thomson Financial) - The amount of money homeowners took out of their homes in the first quarter of the year slumped to its lowest level for seven years, the Bank of England said on Wednesday. In its ...
    2008-07-02 03:04:00
  • Thomson Financial UK at a glance share guide - Forbes

    LONDON (Thomson Financial) - UK blue chips look set to open higher, recouping some of yesterday's steep losses after Wall Street rebounded from an early slump to close higher, while Taylor Wimpey's trading statement will be closely watched Wednesday ...
    2008-07-02 12:19:00
  • Mortgage Applications Rise from 6-1/2-Year Lows - CNBC

    U.S. mortgage applications rose last week with lower home loan rates spurring demand for home purchases and refinancing, an industry group said on Wednesday. CNBC.com The bounce follows a 6-1/2-year low the previous week in a housing market ...
    2008-07-02 04:01:00
  • GM drives Dow to 32-point advance on first day of 3rd quarter - Los Angeles Times

    Stocks rebounded from a rough June with moderate gains Tuesday as better-than-forecast sales at General Motors and a surprisingly upbeat report on manufacturing offset concerns triggered by a further rise in oil prices. GM led the Dow Jones ...
    2008-07-01 11:51:00
  • MGIC refutes media reports, says it won't offer additional stock - CNBC

    SAN FRANCISCO (Thomson Financial) - MGIC Investment Corp. late Monday reiterated that it won't offer additional common stock other than shares awarded under its stock incentive plan. The Milwaukee-based private mortgage insurance firm said media ...
    2008-06-30 02:12:00
  • Resets on subprime loans reaching peak - San Jose Mercury News

    The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and stabilize the housing market. The timing ...
    2008-07-02 01:24:00
  • Lenders eye delinquencies - Chicago Tribune

    DETROIT - Rising delinquency rates on car and truck loans have some industry analysts concerned that subprime mortgage troubles could spill into the automotive finance business. In a note to investors, Lehman Brothers analyst Brian Johnson said auto ...
    2008-07-01 10:18:00
  • Jobless Michiganders tell of fight for survival - Detroit Free Press

    Wake up early and head to a local library to search for jobs online. Send out a couple of résumés and maybe hear from a possible employer who says, once again, that the company has decided to hire someone else. Dinner might be oatmeal because of ...
    2008-07-02 03:04:00
  • Genworth Financial Subsidiary Insurance Companies Launch IRA Variable ... - MSN MoneyCentral

    RetireReady(SM) IRA Annuity Product Offers Familiarity and Flexibility for Pre-retirees, Other Consumers RICHMOND, Va., June 30 /PRNewswire-FirstCall/ -- Genworth Life and Annuity Insurance Company and Genworth Life Insurance Company of New York ...
    2008-06-30 08:07:00
  • S&P raises Countrywide, Fitch keeps on review - Reuters

    NEW YORK, July 1 (Reuters) - Standard & Poor's on Tuesday raised its ratings on Countrywide Financial Corp. after the largest U.S. mortgage lender was acquired by Bank of America (BAC.N: Quote , Profile , Research , Stock Buzz ). S&P raised ...
    2008-07-01 03:15:00
  • Freddie Mac Requires RMIC to Submit Remediation Plan After Ratings ... - MSN MoneyCentral

    MCLEAN, Va., July 1 /PRNewswire/ -- Republic Mortgage Insurance Company (RMIC), a Freddie Mac-approved mortgage insurer, has notified Freddie Mac that it was downgraded by Moody's Investor Services to A1 from Aa3, below the credit rating required to ...
    2008-07-01 06:47:00
  • (AFX UK Focus) 2008-07-02 10:18 Hong Kong shares close lower; Cathay Pacific slumps on profit-warning - UPDATE (Interactive Investor)

    HONG KONG (XFN-ASIA) - Share prices closed sharply lower following steep losses in China financials, local property developers and Cathay Pacific Airways.
    2008-07-02 02:22:59
  • Price of gas has pilots sharing rides (The Oshkosh Northwestern)

    MILWAUKEE (AP) Call it plane pooling.
    2008-07-02 02:23:06