Mortgage and Financial News From 2007-11-16 Page 7

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  • Consumer News (The Salt Lake Tribune)

    Home mortgages        Freddie Mac to raise some fees, set new ones         Freddie Mac, the second-largest source of money for U.
    2007-11-15 11:25:44

  • Attorney General files suit to stop realty company (Pittsburgh Post-Gazette)

    The Pennsylvania Attorney General today accused a North Hills real estate company and its president of a massive scam that accumulated nearly $3 million in fraudulent legal filings and second mortgages in Allegheny, Beaver and Butler counties and asked Common Pleas Court to shut them down.
    2007-11-16 09:01:40

  • House Passes Mortgage Reform Legislation []

    RTT News - House Passes Mortgage Reform Legislation [] 11/16/2007 2:35:49 PM The next step in a ... be given additional protection from “high-cost loans,” those with high interest ... Leader Harry Reid warned the White House earlier this week that the only way to ...
    2007-11-16 11:22:00

  • Heritage Oaks Bancorp Hires Frederick J. Bond as Senior Vice President ...

    MSN MoneyCentral - ... the Bank's management team as Senior Vice President Division Manager of the Mortgage ... taken by regulatory authorities having oversight of the Bank's operations, interest ... reliance on the forward-looking statements, which reflect management's view only ...
    2007-11-16 03:29:00

  • Fitch Affirms Nomura Asset Securitization Corp., Series 1997-D4

    Raleigh News & Observer - CHICAGO - Nomura Asset Securitization Corporation's, commercial mortgage pass-through certificates, series 1997-D4, are affirmed by Fitch Ratings as follows: --$7.6 million class A1-E at 'AAA'; --Interest-only class PS-1 at 'AAA'; --$28.1 million ...
    2007-11-16 12:12:00

  • Wall St Week Ahead-Volatility, thin trade seen due to holiday

    Guardian Unlimited - ... offer more insight on the Fed's view of the economy and the likely path of interest ... are concerned about the value of risky asset-backed securities and mortgage-related ... But markets are poised to do better because since 1992, only one fourth-quarter ...
    2007-11-16 02:21:00

  • Time to nationalise Northern Rock?

    Financial Times - A small UK mortgage bank relies too much on wholesale funding and is hit by a ... such as continued guarantees to depositors, long-term loans, or low interest rates ... nationalised LTCB in 1998 – so its shareholders did suffer – yet it not only ...
    2007-11-16 12:48:00

  • Northern Rock Chief, Directors Resign

    Forbes - ... and seven board members of Northern Rock PLC, Britain's fifth-largest mortgage ... Several groups have publicly expressed varying degrees of interest in the bank, in ... Treasury chief Alistair Darling has warned Northern Rock that it has only "a ...
    2007-11-16 01:31:00

  • TD Ameritrade Eyes E-Trade Retail Unit

    Forbes - TD Ameritrade Holding Corp.'s chief executive expressed interest in acquiring rival E-Trade Financial Corp.'s retail trading operation Friday, but cautioned that such a deal would only ... on Monday after it warned that the value of its mortgage-backed ...
    2007-11-16 03:04:00

  • Fitch Affirms Morgan Stanley Capital 1997-C1

    Raleigh News & Observer - CHICAGO - Fitch Ratings affirms Morgan Stanley Capital I, Inc.'s commercial mortgage pass-through certificates, series 1997-C1 as follows: --Interest only class IO-1 at 'AAA'; --$5.9 million class H at 'A+'. The $20.4 million class J certificate is ...
    2007-11-16 11:22:00

  • Bank in no hurry to cut interest rates

    Financial Times - And although the Bank has raised its main interest rate five times since August 2006, from 4.5 per cent, only about half that increase has fed through to mortgage rates. The Bank believes that is because of fierce competition between lenders but ...
    2007-11-16 11:43:00

  • TD Ameritrade Eyes E-Trade Retail Unit (AP via Yahoo! Finance)

    TD Ameritrade Holding Corp.'s chief executive expressed interest in acquiring rival E-Trade Financial Corp.'s retail trading operation Friday, but cautioned that such a deal would only happen if it benefits both companies' shareholders.
    2007-11-16 03:42:36

  • Fitch s code of conduct, confidentiality, (InfoBolsa)

    16/11/2007 20:09:00 Business Wire Nomura Asset Securitization Corporation s, commercial mortgage pass-through certificates, series 1997-D4, are affirmed by Fitch Ratings as follows: --$7.6 million class A1-E at AAA ; --Interest-only class PS-1 at AAA ; --$28.1 million class A-2 at AAA ; --$49.1 million class A-3 at AAA ; --$21.0 million class A-4 at AAA ; --$42.1 million class A-5 at AAA ; ...
    2007-11-16 12:16:54

  • Bank in no hurry to cut interest rates (FT.com via Yahoo! News)

    Interest rates are on the way down for the first time in two years. That is the overwhelming consensus after the Bank of England reinforced expectations of two rate cuts in anticipation of a sharply slowing economy. Yet the Bank seems unlikely to act in haste.
    2007-11-16 11:45:12

  • Richemont First-Half Net Rises 28% on Watch Demand (Update4)

    Bloomberg - Revenue gained 18 percent last month excluding exchange rates. Production constraints and delayed orders may slow growth in ... Still, the fallout from losses on mortgage loans to risky borrowers in the country, the source of a fifth of sales, has left ...
    2007-11-16 02:18:00

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