Mortgage and Financial News From 2007-11-5 Page 15
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Australians see interest rates as issue, polls show (International Herald Tribune)
During general elections three years ago, Prime Minister John Howard won over homeowners by promising to keep interest rates at 30-year lows and warned that voting for the opposition was a vote for higher borrowing costs. Now he is on the campaign trail again, and voters have not forgotten.
2007-11-05 10:29:36 -
Our fear over rate rise: Deputy PM (News Interactive)
DEPUTY Prime Minister Mark Vaile says the Coalition is twitchy ahead of a likely interest rate rise on the eve of the election, as Labor gets ready to put the boot in over what would be the 10th rates hike in a row.
2007-11-05 12:26:47 -
Noranda Income Fund reports third quarter financial results
CNW Group - ... expenditures, taxation and restrictions on the operation of the Processing Facility; (15) potential negative financial impact from regulatory investigations, claims, lawsuits and other proceedings; (16) loan default and the ability to refinance ...
2007-11-05 10:09:00 -
Tips for making a clean fiscal break during a divorce
Lansing State Journal - Or, refinance it to put it under one person's name. » Check overlooked assets: frequent-flier miles, club memberships, vacation pay. » Update your will and the beneficiary forms on your life insurance and retirement accounts. » Revise your budget ...
2007-11-05 11:06:00 -
Insight Announces Third Quarter 2007 Results
Forbes - In October, 2006, Insight entered into a new $2.445 billion senior secured credit facility, using the proceeds to refinance its existing senior credit facility and to redeem a portion of the outstanding 9 3/4% Senior Notes and all of the outstanding ...
2007-11-05 04:04:00 -
Puerto Rico to Lead Borrowers; Munis Cheapest in Seven Weeks
Bloomberg - The Puerto Rico deal, which Lehman Brothers Holdings Inc. will manage, is to refinance higher-interest debt as well as fund the construction of schools, offices, health facilities and other buildings leased by the U.S. island commonwealth ...
2007-11-05 04:25:00 -
John B. Sanfilippo reports narrowed 1Q loss; refinances with 2 credit ...
Forbes - The company anticipates about $4 million in refinance charges for the second quarter. Shares closed Friday at $8.35. The stock is down about 32% year-to-date. Greg Saulnier gs/pc COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights ...
2007-11-05 05:30:00 -
US stocks pull back as Citigroup write-downs stir concerns about ...
International Herald Tribune - A faltering housing market has made it difficult for those struggling with mortgage payments to refinance and pay off debts. Now, foreclosure rates are spiking and many banks are left holding loans worth far less than they had once been. As it had ...
2007-11-05 07:24:00 -
Charter Communications Adds The Weather Channel to Its High Definition ...
MSN MoneyCentral - our ability to pay or refinance debt prior to or when it becomes due and/or refinance that debt through new issuances, exchange offers or otherwise, including restructuring our balance sheet and leverage position; ...
2007-11-05 07:31:00 -
US commercial mortgage delinquencies rise in Q3-S&P
Reuters - Tighter lending standards are also going to make it more difficult to refinance CMBS loans, S&P said. The number of borrowers extending the loans is also on the rise, with 65 percent of the loans that had extension options available in 2007 having ...
2007-11-05 10:52:00 -
Subprime Contagion May Claim 10-Year Treasuries Next (Update2)
Bloomberg - ... managing director at Summit Investment Partners in Cincinnati who helps manage $6 billion. ``With housing prices actually decreasing coupled with tighter underwriting standards, you've definitely decreased the number of people who could refinance ...
2007-11-05 07:53:00 -
Subprime bailouts: Chump check
CNN Money - The company said it will refinance or restructure loans or reduce interest for hybrid ARM borrowers whose rates are scheduled to reset. And no one will have to pony up prepayment penalties for retiring loans early. Countrywide then announced it will ...
2007-11-05 08:57:00 -
Paulson's Focus on `Excesses' Shows Goldman Gorged (Update1)
Bloomberg - ... and Robert Steel, a former Goldman Sachs vice chairman who is the Treasury's undersecretary for domestic finance, helped persuade Citigroup and other banks to set up an $80 billion partnership to buy assets from any SIVs that couldn't refinance their ...
2007-11-05 09:47:00 -
Stocks fall on credit, housing concerns
CNBC - A faltering housing market has made it difficult for those struggling with mortgage payments to refinance and pay off debts. Now, foreclosure rates are spiking and many banks are left holding loans worth far less than they had once been. As it had ...
2007-11-05 11:35:00 -
Refinance ads change their pitch (Arizona Daily Sun)
"Congratulations!" Irvine, Calif., mortgage brokerage Sunwest Lending Group wrote in a recent mailing to a homeowner.
2007-11-05 07:14:00
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