Mortgage and Financial News From 2007-10-26 Page 14

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  • Merrill Rises On Shakeup Rumors

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... The mortgage lender, battered by the subprime collapse, posted a $1.2 billion third quarter loss, but its positive outlook for the ...
    2007-10-26 11:35:00

  • Countrywide Posts Loss as Borrowers Default on Home Mortgages

    Bloomberg - Oct. 26 (Bloomberg) -- Countrywide Financial Corp., the biggest U.S. mortgage lender, reported its first quarterly loss in 25 years as the housing slump forced more borrowers to default. The loss of $1.2 billion, or $2.12 a share, compared with net ...
    2007-10-26 05:23:00

  • Treasurys lower as stocks get lift from earnings, positive mortgage ...

    CNBC - HOME ... The losses accelerated after troubled mortgage originator Countrywide Financial Corp ... However, the lender, which has been hard hit by defaults on below-prime loans, gave ...
    2007-10-26 07:17:00

  • Countrywide Financial reports 3Q loss of $1.2B on mortgage woes (Minneapolis-St. Paul Star Tribune)

    LOS ANGELES Countrywide Financial Corp. lost $1.2 billion in the third quarter, but its shares soared Friday after the nation's largest mortgage lender said it expects to be profitable this quarter and next year.
    2007-10-26 10:37:16

  • Countrywide Reports Losses From Mortgage Problems (Washington Post)

    Countrywide Financial, the nation's largest mortgage lender, reported that it lost $1.2 billion in the third quarter, its first such loss in 25 years.
    2007-10-26 06:25:50

  • Pensioners, Greens calling for more help

    Sydney Morning Herald - If interest rates don't rise before the election, they will rise after the election," Senator Brown told reporters in Sydney. "These ... FREE Generation Next Aussie Music CD and ARIA magazine this Sunday
    2007-10-23 05:58:00

  • ECB Foreign Exchange Reference Rates - Oct 25

    FXStreet.com - ECB Foreign Exchange Reference Rates - Oct 25 LONDON (Dow Jones)--Following are European Central Bank foreign exchange ... The Dow Jones content includes facts, views, opinions and recommendations of individuals and organizations deemed of interest ...
    2007-10-25 05:31:00

  • YouTube revolutionaries upstage the party machine

    Sydney Morning Herald - The most popular is one that attacks the Coalition parties on interest rates. It has dozens of videos on its own website, including ... FREE Generation Next Aussie Music CD and ARIA magazine this Sunday
    2007-10-26 06:34:00

  • Keating surfaces in election campaign

    Australian Broadcasting Corp. - The appearance of the man who told Australians about the recession they had to have, is sure to be seized on by the Government as it battles the double threat of rising inflation and interest rates. But Paul Keating was standing by his record as he ...
    2007-10-26 04:33:00

  • Inside the National Post

    National Post - Federal Reserve may cut interest rates next week, the dollar hit fresh record lows against the euro and a basket of currencies on Friday. While U.S oil has surged 50% since the start of the year, the price rise in euros lags at 38%. Moves by central ...
    2007-10-26 09:55:00

  • Hong Kong Shares Rise to Record Close

    Houston Chronicle - A possible cut of key interest rates next week by the U.S. Federal Reserve is also giving property stocks a lift. Hong Kong's property subindex jumped 5 percent to 37,039.89. Sino Land was the biggest blue chip gainer, soaring 12.6 percent to HK$24.65 ...
    2007-10-26 06:34:00

  • Paris shares end up, tracking US; corporate news outweighs oil, dollar ...

    Forbes - ... been pulled down by expectations that the Federal Reserve will cut interest rates ... and reassuring guidance from mortgage lender Countrywide Financial Corp. (nyse ... Outperform' from '3 Underperform', saying SEB's valuation is modest and the current ...
    2007-10-26 10:24:00

  • Inaction on rates will hurt RBA

    The Australian - Many silly things are said and done in election campaigns, but the current rot being talked on interest rates by John Howard and Peter ... They tell the big four banks they are not to put up their variable home mortgage interest rate, currently 8 ...
    2007-10-26 07:03:00

  • Sterling set 3-mth high vs dlr, underperforms euro

    Reuters UK - ... will look to mortgage approvals and lending data on Monday for further clues on the prospects for the UK economy and the outlook for interest rates. Analysts polled by Reuters last week gave a median 30 percent chance of a rate cut from the current 5 ...
    2007-10-26 07:17:00

  • ALL BUSINESS: Fed's Stealth Bailout

    Forbes - ... the middle of the summer, it became increasingly clear that the fallout from the collapse in the housing and mortgage ... The loans must be guaranteed by the parent companies, have to be marked to current market rates every day and are subject to daily ...
    2007-10-26 10:31:00

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