Mortgage and Financial News From 2008-5-22 Page 01
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Moody's Cuts AIG's Senior Unsecured Credit Rating After Loss - Bloomberg
May 23 (Bloomberg) -- Moody's Investors Service cut the senior unsecured debt rating of American International Group Inc ., the world's biggest insurer by assets, and said the company may face more losses from the U.S. subprime mortgage market. The ...
2008-05-22 10:01:00 -
Ranieri, Ex-GMAC Execs Plan $1 Billion Fund to Buy Home Loans - Bloomberg
May 22 (Bloomberg) -- Lewis Ranieri , the mortgage bond pioneer trying to salvage a Texas bank that lost more than 90 percent of its value, is seeking $1 billion for a separate venture that will buy residential mortgages. Selene Residential Mortgage ...
2008-05-22 09:25:00 -
Investment banks cut back on emergency Fed loans - Boston Globe
WASHINGTON - Wall Street investment companies are reducing their borrowing from the Federal Reserve's emergency lending program. The Federal Reserve said in a report yesterday that those companies averaged $14.2 billion in daily borrowing over the ...
2008-05-22 09:03:00 -
Building societies boost Jan-April lending by third (Prague Daily Monitor)
Prague, May 22 (CTK) - Czech building societies granted housing loans worth nearly Kc25bn in January-April, a growth of almost a third year-on-year, data from the societies have shown.
2008-05-22 11:08:42 -
House prices rise in N. Utah (Deseret Morning News)
A home-price index considered to be the most comprehensive reading of the U.S. market posted the sharpest decline in its 17-year history, and the St. George area followed that trend, while northern Utah had some of the highest price appreciation in the nation.
2008-05-22 11:11:24 -
Utah homes still appreciating (The Salt Lake Tribune)
Utah is No. 2 among all states in home-price appreciation, relinquishing the top spot to Wyoming, a new report shows. Wyoming had a 6.
2008-05-22 11:13:22 -
Public records for May 23, 2008 (Daytona Beach News-Journal)
Courthouse
2008-05-22 11:23:37 -
Housing big part of rebound picture (El Paso Times)
WASHINGTON -- With any luck, the second half of this year will be better than the so-far rocky first half.
2008-05-22 11:27:29 -
A red signal that tells you to stop borrowing (rediff.com)
Debt to income ratio is a financial ratio that tells you when you have borrowed more money than you can repay. It's a like a red signal that tells you to stop borrowing.
2008-05-22 11:27:33 -
With foreclosures on the rise, state remains without a remedy (The Journal News)
With the state's mortgage crisis worsening, the Legislature and Gov. David Paterson have yet to reach agreement on ways to help remedy the problem in New York.
2008-05-22 11:43:20 -
Dee Dee Myers: 'Why Women Should Rule' - NPR News
Dee Dee Myers, author of Why Women Should Rule the World , extols the strengths women bring to leadership roles — and how they make different choices from men. Read an excerpt from the book about women's different perspectives, different priorities ...
2008-05-21 07:43:00 -
Tips to saving your home - Fort Lauderdale Sun-Sentinel
Homeownership Preservation Foundation is a nonprofit organization that offers round-the-clock help. It provides trained counselors -- in conjunction with state, local and federal government agencies -- to offer personal assistance to homeowners ...
2008-05-21 11:06:00 -
Home loan failures rise for 37th straight month, extending record - San Diego Union-Tribune
There were 1,413 residential foreclosures in April countywide, a 35 percent increase from March but a rise of 169 percent over April 2007, DataQuick Information Systems reported Wednesday. In comparison, March foreclosures were down nearly 21 percent ...
2008-05-21 11:03:00 -
Expansions & Relocations (May 18-24): Blu-Ray To Enjoy Spoils of 'War' (CoStar Group)
In this week's issue: Atkinson, Andelson, etal; Blue Ray Technologies; CACI; Daimler Financial Services Americas; Embraer; Fonon; Frank Gehry; hhgregg Inc.; International Cotton Depots; JPMorgan Chase; Kuehne + Nagel; Land O'Lakes Purina; Liberty Mutual...
2008-05-22 02:23:01 -
Watch List (May 18-24): CRE Prices Vacillating (CoStar Group)
In this week’s issue: Commercial real estate prices are still in flux downward; Abu Dhabi firm looking to raise $1 billion U.S./European fund; Texas Teachers and Parkway set up $750 million office fund; Dividend Capital looks to open up private equity...
2008-05-22 02:23:21