Mortgage and Financial News From 2007-10-30 Page 10

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  • Fitch Rates SARM Trust $503.5MM Mortgage Pass-Through Ctfs, Series ...

    Forbes - Pool 1 consists of 467 adjustable-rate, conventional, first lien residential mortgage loans, substantially all of which have original terms to stated maturity of 30 years. As of the cut-off date (Oct. 1, 2007), the mortgages have an aggregate ...
    2007-10-30 02:01:00

  • Sector Glance: Mortgage Insurers (AP via Yahoo! Finance)

    Shares of mortgage insurers mostly slipped Tuesday after PMI Group Inc. reported an $86.8 million loss for the third quarter.
    2007-10-30 01:28:29

  • Sector Glance: Mortgage Insurers (Sharewatch)

    NEW YORK (AP) - Shares of mortgage insurers mostly slipped Tuesday after PMI Group Inc. reported an $86.8 million loss for the third quarter. The Walnut Creek, Calif.-based insurer writes policies protecting lenders from losing money when borrowers miss payments on home loans.
    2007-10-30 01:31:02

  • Pols Take Aim at Hedge Funds With Tax Bill

    Smart Money - ... tax on dividend in Russia is creating a new middle class. The Government does not have an income problem it as a major spending addiction. You would think that with all this money public school could teach how to read and calculate a simple mortgage ...
    2007-10-28 05:59:00

  • Medium-term budget

    SABC - The advent of the sub-prime mortgage crisis in the US is further evidence of the interconnectedness of our world, and also ... The structural balance attempts to calculate the effect of cyclical revenues on our budget balance. This addition to our ...
    2007-10-30 05:32:00

  • Commercial Metals Company Reports Second Best Quarter Ever; Overall ...

    CNBC - The housing market slump and the more recent sub prime mortgage crisis/credit squeeze have slowed the U.S. economy. The ... one guideline used to assess the Company's ability to pay its current debt obligations as they mature and a tool to calculate ...
    2007-10-30 05:54:00

  • Awash in cash, Tories expected to cut GST to 5 per cent

    Globe and Mail - Nancy Wilson from N.Ontario, Canada writes: The "GST" was always the "dreaded" tax that even the Liberals opposed,but never got rid of,or even reduced,despite promises. Remember Chretien saying that he'd rid the Country of it?[Red Book promises ...
    2007-10-30 01:32:00

  • Medium-term budget (SABC News)

    In tabling the 2007 Medium Term Budget Policy Statement, we can affirm that economic growth and investment in public services are steadily bringing a better life to millions of South Africans.
    2007-10-30 05:45:45

  • BRE Properties Reports Third Quarter 2007 Results (PR Newswire via Yahoo! Finance)

    BRE Properties, Inc. today reported operating results for the quarter ended September 30, 2007.
    2007-10-30 01:45:00

  • FACTBOX-Subprime crisis affects banks worldwide (Reuters via Yahoo! UK & Ireland News)

    (Reuters) - UBS reported a third-quarter pre-tax loss of 726 million Swiss francs (302 million pounds) after it took a charge of 4.2 billion francs on subprime-related losses in its fixed income investments.
    2007-10-30 04:36:00

  • FACTBOX-Subprime crisis affects banks worldwide (Reuters via Yahoo! Singapore News)

    Oct 30 - UBS reported a third-quarter pretax loss of 726 million Swiss francs after it took a charge of 4.2 billion francs on subprime-related losses in its fixed income investments.
    2007-10-30 04:28:37

  • Premier Service Bank Announces Third Quarter Financial Results

    Forbes - As previously reported for prior periods, and as of September 30, 2007, the bank does not have any sub-prime residential ... to continue to increase its assets, deposits and total loans, control expenses, retain critical personnel, manage interest rate ...
    2007-10-30 11:09:00

  • Turkish Lira to Rally on Fed Cuts, Bear Stearns Says (Update2)

    Bloomberg - The biggest rally in Turkey's lira since before the 1970s was brought to a halt after Prime Minister Recep Tayyip Erdogan ... Turkey's benchmark interest rate is 16.75 percent. The Fed's target rate for overnight loans between banks is at 4.75 percent ...
    2007-10-30 05:18:00

  • Ocwen Financial Corporation Announces Third Quarter 2007 Financial ...

    MSN MoneyCentral - WEST PALM BEACH, Fla., Oct. 30, 2007 (PRIME NEWSWIRE) -- Ocwen Financial ... significant negative impact on Other income (expense) due to an increase in interest ... Revenue has not grown at the same rate as our portfolio for two reasons. First ...
    2007-10-30 05:40:00

  • TIMELINE - Milestones in the pound's recent history

    Reuters UK - ... 1990 - Sterling joins Europe's Exchange Rate Mechanism (ERM) -- with a band of six percent above or below a central rate of 2.95 German marks per pound -- as finance minister John Major persuades Prime ... of the Exchequer Gordon Brown raises interest ...
    2007-10-30 09:07:00

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