Mortgage and Financial News From 2008-1-24 Page 3

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  • JGB futures post biggest one-day drop in 1-½ years (Reuters via Yahoo! Malaysia News)

    TOKYO, Jan 25 - Japanese government bond futures posted their biggest single-day drop in one and a half years on Friday, suffering from a wave of selling as surging Tokyo stocks prompted investors to dump safe-haven debt.
    2008-01-24 10:14:44

  • Housing recovery may wait till 2010 (The Fredericksburg Free Lance-Star)

    Virginia housing numbers show state market not that bad, but Fredericksburg lags behind
    2008-01-24 10:19:18

  • 2008 offers hope for housing (Florida Today)

    Housing industry officials are hoping 2008 will be rosier than 2007, a year they're happy to leave.
    2008-01-24 10:23:04

  • Forex - US dollar steady vs euro, yen ahead of next week's Fed policy meeting (The Forex Market)

    HONG KONG (Thomson Financial) - The US dollar held steady against the euro and yen in afternoon trade in Asia Friday ahead of the Federal Reserve's policy meeting next week.
    2008-01-24 10:28:26

  • Even when lonely, we're never alone (The Shelby Star)

    “Never will I leave you; never will I forsake you. So we say with confidence, the Lord is my helper; I will not be afraid. What can man do to me?” Hebrews 13:5-6 (NIV)
    2008-01-24 10:29:54

  • 'Good deals' on homes available (The Times of Northwest Indiana)

    A December decline capped a year of dwindling home sales locally, leaving home buyers with a multitude of choices.
    2008-01-24 10:31:16

  • Stimulus package (Laramie Boomerang)

    Don’t start spending the rebate check just yet. House of Representative leaders completed a deal Thursday with the White House on an economic stimulus package that would give most tax filers refunds of $600 to $1,200, and more if they have children.
    2008-01-24 10:32:18

  • Median home price falls for first time in decades (Daily Herald)

    Sales of existing single-family homes plunged in 2007 by the largest amount in 25 years, closing out an awful year that saw median prices fall for the first time in at least four decades.
    2008-01-24 10:35:14

  • DAILY DIGEST (San Francisco Chronicle)

    30-year mortgage rates hit nearly a 4-year low Rates on 30-year mortgages dropped for a fourth straight week to the lowest level in nearly four years, raising hopes that low rates will help spur a rebound in the hard-hit housing industry. Freddie Mac, the...
    2008-01-24 10:35:23

  • The U.S.’s Weighty Role on the World Stage (NYTimes.com via Yahoo! Finance)

    Some fear that American consumers will pull back from their exuberant spending, cooling demand for goods worldwide and dragging down the global economy.
    2008-01-24 10:39:32

  • Bush, Lawmakers Say Accord Reached on Stimulus Plan (Update6)

    Bloomberg - The accord also seeks to address the growing number of housing foreclosures by including a provision allowing Fannie Mae and Freddie Mac, the largest U.S. mortgage finance companies, to temporarily buy mortgages of as much as $729,750, exceeding a ...
    2008-01-24 01:56:00

  • Investors push 90 companies for say on CEO pay

    Reuters - The targets are companies that overpaid their executives, or where pay was not in line with performance over the past three ... We are in the middle of a subprime mortgage crisis where some failing CEOs are walking away with hundreds of millions of ...
    2008-01-24 01:56:00

  • Text [ + ]

    Reuters - NEW YORK (Reuters) - The shares of beaten-down U.S. banks and mortgage companies rallied on Wednesday for a second straight day following the U.S. Federal Reserve's emergency interest-rate cut. The shares of BB&T Corp (BBT.N: Quote , Profile ...
    2008-01-23 12:39:00

  • Housing market turbulence to have repercussions in '08

    Detroit Free Press - While the housing market bust has been painful for consumers, builders, contractors and others, the mortgage industry has paid a high price as well. “Many of our members have exited the industry. Some companies loosened their standards too far ...
    2008-01-24 01:06:00

  • H&R Block mortgage unit gets $400M in added credit

    Kansas City Business Journal - Lenders cut financing for Block mortgage unit [Kansas City] BATS exceeds 1 billion shares traded [Kansas City] Steel, steak, coupon companies dominate deals [Tampa Bay] Option One Mortgage Co. received a $400 million increase in credit through a loan ...
    2008-01-24 02:32:00

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