Mortgage and Financial News From 2007-9-27 Page 14

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• Colombia Peso Approaches Six-Week High on Interest-Rate Outlook

  Bloomberg - Sept. 27 (Bloomberg) -- Colombia's peso gained, remaining near a six-week high, amid speculation the U.S. Federal Reserve will reduce interest rates further, prompting investors to buy higher-yielding local assets. The peso appreciated as much as 1.5 ...
  2007-09-27 01:35:00

• Futures rise on rate-cut bets, Bear Stearns (Reuters via Yahoo! News)

  U.S. stock futures rose on Thursday as investors bet that data on new home sales would strengthen the case for further interest rate cuts to ease the toll of the housing slump on the economy.
  2007-09-27 04:23:05

• Futures up as data seen spurring rate cuts (Reuters via Yahoo! News)

  Stock futures rose on Thursday as investors bet that data on new home sales would strengthen the case for further interest rate cuts to ease the toll of the housing slump on the economy.
  2007-09-27 05:25:44

• Colombia Peso Approaches Six-Week High on Interest-Rate Outlook (Bloomberg.com)

  Sept. 27 (Bloomberg) -- Colombia's peso gained, remaining near a six-week high, amid speculation the U.S. Federal Reserve will reduce interest rates further, prompting investors to buy higher-yielding local assets.
  2007-09-27 01:37:53

• BOV launches new Fixed Interest Rate Personal Loans (Maltamedia.com Daily News)

  Bank of Valletta recently launched a new fixed interest rate Personal Loan, a product that complements the Bank’s existing range of loan products, which include the BOV Personal Loan and the BOV Personal Loan +. The amount that can be borrowed through the Fixed Interest Rate Personal Loans ranges from Lm250 (€582.34) to Lm25,000 (€58,234.33) with a maximum repayment period of seven years. ...
  2007-09-27 01:29:21

• Semi-annual interest rate for Stelco's floating rate notes (CNW Group via Yahoo! Finance)

  Stelco Inc. today announced that, for the period from September 30, 2007 to March 30, 2008 inclusive, the rate of interest per annum for Stelco's floating rate notes due 2016 will be 10.64%.
  2007-09-27 09:42:00

• Tropical Depression 13 forms off coast of Mexico

  Herald Tribune - Having been in locker rooms of Stanley Cup champions, they couldn’t compare to ... It takes time to reprogram computers, and refigure and apply for new rates. And ... Consumer confidence in housing has remained low, while the mortgage market has ...
  2007-09-24 05:57:00

• Staff threaten work-to-rule as council freezes new jobs

  Scotsman - It is little wonder they have high rates of supposed stress ... institution dealing in millions of pounds per day compare with a Council worker responsible for procurement of toilet rolls for old folks homes.
  2007-09-26 09:43:00

• Is It Really Buy-Buy to Those House Sales?

  Jewish Exponent - Prices are falling, and so are mortgage rates. Millions of houses are for sale, and sellers are getting anxious. Alternatively ... Compare your research with your agent's. If they corroborate each other, fine. If something seems amiss, find out why. ...
  2007-09-27 06:26:00

• News Minute: Report faults Blackwater...Freddie Mac to pay settlement ...

  WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money ... Under the agreement, the mortgage finance company neither admits nor denies wrongdoing but does agree to refrain from ...
  2007-09-27 09:18:00

• When Transferring Into Or Out Of a Car Lease, Beware the Pitfalls

  FOX News - SAN FRANCISCO — With home foreclosure rates rising and economic volatility the ... typically consumers' second-highest monthly bill, if you can't control your mortgage ... First, compare leases offered on similar models to assess what kind of deal you're ...
  2007-09-27 12:17:00

• Freddie Mac Pays $50M to Settle Charges

  US News and World Report - WASHINGTON (AP) -- Mortgage finance company Freddie Mac will pay $50 million to settle federal charges that it fraudulently misstated earnings over a four-year period. The Securities and Exchange Commission announced the settlement Thursday. Freddie ...
  2007-09-27 11:55:00

• KKR Banks Selling $10 Billion of First Data Loans (Update5)

  Bloomberg - Buyers are starting to return to the market after record mortgage foreclosures prompted investors to shun all but the safest ... New-Home Sales Slump More Than Forecast; Prices Drop Most Since 1970 Fannie Mae Chief Mudd Predicts Housing Slump ...
  2007-09-27 11:48:00

• KB Home posts quarterly loss

  CNBC - NEW YORK - KB Home on Thursday posted a fiscal third quarter loss, as the U.S. home market suffered a deepening decline in demand, a swelling supply of homes for sale and tighter standards in the mortgage market. KB Home, the No. 5 U.S. home ...
  2007-09-27 06:26:00

• Mortgage meltdown: Vulture investors

  CNN Money - The mortgage meltdown mess and stagnating housing markets have reduced home ownership, according to the Census Bureau, adding to the number of the nation's renters. As a result, demand for rental housing has grown. Marcus & Millichap Real Estate ...
  2007-09-27 09:39:00

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