Mortgage and Financial News From 2008-1-26 Page 41
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Worsening financial crisis seen at Davos (Reuters.co.uk)
DAVOS, Switzerland (Reuters) - Political leaders and senior bankers said the worst was yet to come from the financial crisis as the U.S. real estate market deteriorated, European banks owned up to more losses, and U.S. emergency stimulus measures fell short.
2008-01-26 06:31:56 -
Worsening crisis seen at Davos (Interactive Investor)
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
2008-01-26 06:46:08 -
Worsening financial crisis seen at Davos (Reuters via Yahoo! UK & Ireland News)
World business leaders said on Saturday the worst might yet be to come in a financial crisis driven by continuing fears of bank losses and uncertainty over U.S. emergency stimulus measures.
2008-01-26 07:02:34 -
Top 10: Week's news in review (Albuquerque Tribune)
The Federal Reserve unexpectedly slashed two key interest rates by a bold three-fourths of a percentage point Tuesday, responding to a global plunge in stock markets that heightened concerns about a recession.
2008-01-26 07:11:18 -
Aussie storm on its way
New Zealand Herald - Now, Centro's destiny has changed drastically after Australia's second largest shopping centre owner said it wanted to hear from potential buyers for its assets to help refinance A$1.3 billion ($1.5 billion) of debt by February 15. Centro has suburban ...
2008-01-26 02:27:00 -
The Optimus Group: Emergency Fed Rate Cut Creates Refinance ...
Forbes - The Emergency Federal Reserve Rate Cut announced earlier this week has created the best opportunity to refinance corporate obligations including equipment leases since the first quarter of 2004. On Tuesday, the 5-year Treasury Index Rate dropped 30 ...
2008-01-24 12:06:00 -
Real estate woes impact TL Area indirectly
Baxter Bulletin - ... crisis Friday, Congress included in the economic stimulus package a provision to raise the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas, allowing more sub-prime mortgage holders to refinance ...
2008-01-26 02:27:00 -
American owners tighten their grip on Liverpool
Daily Telegraph - After months of delays and amid growing uncertainty, Liverpool's parent company Kop Holdings announced they had secured the backing of the Royal Bank of Scotland and America's fourth largest bank, Wachovia, to refinance £298 million of borrowings ...
2008-01-25 07:31:00 -
Bush tells Congress it would be a mistake to delay or derail US ...
International Herald Tribune - To deal with the mortgage crisis, the package raises the limit on Federal Housing Administration loans from $362,790 (€246,710) to as high as $729,750 (€496,260) in expensive areas, allowing more risky subprime mortgage holders to refinance into ...
2008-01-25 06:41:00 -
Reds refinance and reassure Rafa
FOXSports.com - Liverpool 's owners have completed a £350million refinancing package - and have stated they are "solidly behind" Anfield boss Rafael Benitez. The announcement of the package had been widely expected and Tom Hicks and George Gillett are now looking ...
2008-01-25 07:28:00 -
Liverpool chiefs refinance, back Rafa
Sports Illustrated - LIVERPOOL, England (AP) -- Liverpool's U.S. owners completed a $682 million refinancing package Friday that keeps the Premier League club in their hands despite growing backlash from fans. Co-owner Tom Hicks also expressed "continuing and ...
2008-01-25 10:49:00 -
REDS 'COMPLETE REFINANCE DEAL'
Sporting Life - Liverpool co-owners Tom Hicks and George Gillett are thought to have completed their refinancing deal to retain control of the club. The Americans have reportedly finalised terms on a new £350million loan and are expected to make a formal ...
2008-01-26 01:51:00 -
Rate cut sparks rush to refinance mortgages
Des Moines Register - This week's surprise rate cut by the Federal Reserve not only held Wall Street and investors in thrall, but it also kicked into high gear a rush by homeowners across the country to refinance their mortgages at today's lower rates. "Wells Fargo is ...
2008-01-26 01:58:00 -
Senators poised to extend stimulus
Baltimore Sun - To address the mortgage crisis, the package raises the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas, allowing more subprime mortgage holders to refinance into federally insured loans. To widen ...
2008-01-26 12:39:00 -
While you weren't watching ...
Chicago Tribune - With long-term mortgage rates sinking to their lowest level since March 2004, it looked like one of those golden opportunities to refinance the home or condo this week. But many who rushed out to their banker or mortgage broker discovered that it is ...
2008-01-26 03:17:00
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