Mortgage and Financial News From 2007-9-27 Page 24
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First Magnus won't fight WaMu over loans
Boston Globe - WASHINGTON -- Washington Mutual Inc. has reached a deal with First Magnus Financial Corp. that will allow it to keep more than $1 billion in mortgage loans that it bought from the failed mortgage lender. In documents filed Friday with the U.S ...
2007-09-26 03:31:00 -
Resource America buys distressed mortgage loans
Reuters - Last: LOS ANGELES, Sept 26 (Reuters) - Asset management company Resource America (REXI.O: Quote , Profile , Research ) said on Wednesday its subsidiary had acquired a portfolio of nonperforming loans on behalf of a newly established joint venture ...
2007-09-26 02:55:00 -
First Magnus Won't Fight WaMu Over Loans (AP via Yahoo! Finance)
Washington Mutual Inc. has reached a deal with First Magnus Financial Corp. that will allow it to keep more than $1 billion in mortgage loans that it bought from the failed mortgage lender.
2007-09-26 01:58:43 -
Discount Mortgage Company Now Offers FHA and VA Loans (PRWeb via Yahoo! News)
AAXA Discount Mortgage, a leading discount mortgage brokerage company, is now offering FHA loans (Federal Housing Administration) and VA loans (Veterans Administration) to help homeowners and homebuyers that may have been impacted by the recent housing credit crunch.
2007-09-27 12:01:00 -
Discount Mortgage Company Now Offers FHA and VA Loans (PRWeb)
AAXA Discount Mortgage, a leading discount mortgage brokerage company, is now offering FHA loans (Federal Housing Administration) and VA loans (Veterans Administration) to help homeowners and homebuyers that may have been impacted by the recent housing credit crunch. (PRWeb Sep 27, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/UHJvZi1TdW1tLUZhbHUtTWFnbi1UaGlyLVplcm8=
2007-09-27 12:17:46 -
House prices 'ignore credit woes'
BBC Business - ... society added that most of the slowdown in annual price inflation was down to the effect of recent Bank of England interest rate ... to each other in recent weeks as fears about their exposure to risky loans have mounted in the wake of a sub-prime ...
2007-09-27 12:07:00 -
Lagarde confronts French economic woes
Daily Telegraph - Her own prime minister blurted out on Friday that France was now "bankrupt", with no chance of halting its relentless ... near daily battle with the ECB over the euro's exchange rate, a proxy fight for what is really a tussle over interest rate policy
2007-09-27 12:35:00 -
BNP Paribas predicts more US rate cuts
Nine MSN - The Fed slashed the short-term interest rate in the US by 50-basis points to 4.75 per cent on September 19. BNP expects the Fed to ... bank's start releasing profit results that will reveal the extent of their exposure to debt linked to the US sub-prime ...
2007-09-26 10:55:00 -
News Minute: Patriot Act lawsuit...Iraqi leader asks for help...Gunman ...
WDAM-TV - Rate Your Intake Check Your Cholesterol Just How Sleep-Deprived Are You?!? Are You Getting Enough Protein? Cold Checkup Allergy ... UNITED NATIONS (AP) - Iraq's prime minister is warning of "disastrous consequences" for the region if neighboring countries ...
2007-09-26 06:16:00 -
U.K. House Prices Rise at Fastest Pace Since June (Update2)
Bloomberg - A run on mortgage lender Northern Rock Plc, a global credit market slump and five interest-rate increases from the Bank of ... Prime Minister Gordon Brown is trying to spur homebuilding after house prices tripled in a decade while the pace of ...
2007-09-27 02:15:00 -
TechCrunch is on the lookout for Dotcom boom: version 2.0
Daily Telegraph - ... and venture capitalists are always on the lookout for the next Google, YouTube or Facebook, and one of their prime ... bills, unusual transactions and low balances; it will also suggest alternative deals that could get you a better rate of interest.
2007-09-26 10:12:00 -
Australian dollar opens higher on Fed rumours
News.com.au - The dollar opened stronger today after a dose of weak economic data stoked rumours of another US federal reserve interest rate cut ... Buffett was thinking about increasing his stake in investment bank Bear Stearns - heavily impacted by the sub-prime ...
2007-09-26 10:55:00 -
PM backs sport project
Haringey Independent - PRIME Minister Gordon Brown was in Tottenham last week to announce an £11 million ... or 'social news' sites - have large communities of web users who share and rate ... free and once a member, you can store, recommend and search for stories that interest ...
2007-09-27 01:18:00 -
Arena could be O2's rival
Croydon Guardian - A public inquiry into the future of the prime development site was this week told ... or 'social news' sites - have large communities of web users who share and rate ... free and once a member, you can store, recommend and search for stories that interest ...
2007-09-27 02:08:00 -
Stocks rise on good corporate news
Seattle Post Intelligencer - In this photo released by the New York Stock Exchange, Turkish Prime Minister Recep Tayyip Erdogan, second from right ... the United Auto Workers and as another lackluster economic report stirred hopes that the Federal Reserve will cut interest ...
2007-09-26 01:58:00