Mortgage and Financial News From 2007-10-30 Page 3

Previous Day: 2007-10-29

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• Indebted Romanians face their own credit crisis

  Boston Globe - He hopes global credit jitters will subside soon, allowing the leu currency to ... He has euro-denominated mortgage debt and a local currency loan to finance his car ... fraud and inefficient administration are still rampant, raising the risk of bad ...
  2007-10-29 05:58:00

• Merrill Lynch ousts CEO O'Neal

  News.com.au - ... to lose his job directly as a result of a US housing slump and a subsequent credit ... said last Wednesday it was writing off $US7.9 billion of mainly subprime mortgage ... communication skills and expecting too much from staff all add up to make a bad ...
  2007-10-30 02:58:00

• Merrill Ousts O'Neal, Names Cribiore Interim Chairman (Update7)

  Bloomberg - ... asset-backed bonds and loans gone bad last week, the biggest quarterly debacle ever in the securities industry. The loss followed O'Neal's $1.3 billion acquisition in December of mortgage ... are made to people with the weakest credit ...
  2007-10-30 04:24:00

• Resona's First-Half Profit Beats Forecast on Fees (Update2)

  Bloomberg - ... said it earned more fees than expected in the period, while operating and credit ... Resona said it won't book any losses related to subprime U.S. mortgage securities ... These are generated when a bank books bad-loan losses, and can be recovered if ...
  2007-10-30 04:45:00

• Other CEOs Are On Hot Seat Over Subprime Crisis

  CNBC - ... who else in the banking industry may pay a price for the U.S. subprime mortgage crisis ... for failing to avoid losses from mortgages and this summer's seizing up of credit ... at the University of Delaware, said some business decisions may look bad only in ...
  2007-10-30 01:32:00

• Why the Economy Can Withstand $100 Oil

  US News and World Report - Forget the credit crunch and mortgage crisis for a moment. What about rising oil prices? So far, the economy has shaken off high prices ... 4) OPEC shocks get a bad rap for the stagflation and recessions of the 1970s. In fact, oil may be guilty only by ...
  2007-10-30 12:49:00

• Merrill CEO Out After Big Mortgage Loss

  CBS News - CBS/AP) The still unfolding mortgage-related credit crisis has claimed its biggest corporate casualty so far: Merrill Lynch CEO Stan O ... Analysts have said this week that whoever replaces O'Neal may have to write down another $4 billion worth of bad ...
  2007-10-30 08:17:00

• Hedge funds eye commercial real estate

  News.com.au - Hedge funds and other traders that have profited from huge drops in an index tied to home mortgage loans made to people with weak credit are now ... to fire someone, poor communication skills and expecting too much from staff all add up to make a bad ...
  2007-10-30 03:48:00

• St George says interest rate rise 'unlikely'

  News.com.au - ... says it's "very unlikely" the bank will rise interest rates on its variable mortgage ... communication skills and expecting too much from staff all add up to make a bad ... Prepaid Credit Buy Prepaid Online at Virgin Mobile and get $50 bonus Prepaid Credit ...
  2007-10-30 04:17:00

• Merrill CEO Out After Big Mortgage Loss (CBS4 Miami)

  The still unfolding mortgage-related credit crisis has claimed its biggest corporate casualty so far: Merrill Lynch CEO Stan O'Neal.
  2007-10-30 02:07:00

• Paulson: Housing Yet To Hit Bottom, Pitches For Robust Rupee But Wants ...

  RTT News - The Treasury Secretary stated that the riskiest mortgages will be repriced over the next year and a half. However, Paulson ... As widely expected, the Reserve Bank of India left its benchmark repo rate or lending rate unchanged at 7.75% and reverse ...
  2007-10-30 05:11:00

• A Costly Cleanup for Merrill's Mess

  AOL - ... accounting for more than 100% of the revenue increase. Nevertheless, investors such as Compton think it's time to reverse ... He explained that Merrill bet too big on subprime mortgages and moved too slowly after realizing its error. "We hedged…but ...
  2007-10-30 02:08:00

• U.S. Notes Little Changed Before Confidence, Housing Reports

  Bloomberg - ... the relative safety of government debt after a sudden surge in corporate borrowing costs tied to defaulted subprime mortgages ... in Sydney, said the Fed will probably trim the benchmark to avoid roiling financial markets, though it may reverse the cuts ...
  2007-10-30 05:11:00

• Negative equity warning over 100% mortgages as repossessions set 'to ...

  This is London - ... of first-time buyers are also at risk of negative equity following a dramatic increase in the number of 100 per cent mortgages ... predictions came on a day Bank of England figures provided new evidence that the housing market is seeing a sharp reverse. ...
  2007-10-30 03:45:00

• Phillip Wasserman Begins Television Series of Shows on Annuities, Life ...

  Forbes - Future shows will feature guest speakers on subjects as diverse as reverse mortgages, long term care and other items of interest to the boomer generation. Initial reaction to the series of shows has been outstanding, with Phillip Wasserman receiving ...
  2007-10-30 06:58:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40