Mortgage and Financial News From 2007-11-12 Page 7

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  • Blackstone skids on quarterly loss

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... But since then, another wave of fear - this time triggered by risky mortgage assets - has swept through the credit market. ...
    2007-11-12 11:34:00

  • Stocks Up, but Investors Remain Anxious

    Forbes - The market was waiting to see if there would be more announcements from financial companies of write-downs of mortgage-backed securities and other debt instruments that have plunged in value since the summer. Late Friday, E-Trade Financial Corp. said ...
    2007-11-12 10:58:00

  • Goldman Held Bigger Level 3 Share Than Citi, Merrill (Update3)

    Bloomberg - ... of hard-to-value assets at the end of the third quarter than Citigroup Inc. and Merrill Lynch & Co., two of the firms hardest hit by subprime mortgage losses. Goldman's Level 3 assets, for which market prices are so scarce that companies ...
    2007-11-12 02:25:00

  • Goldman holds more sour debts than rival firms

    Xinhua News Agency - ... of hard-to-value assets at the end of the third quarter than Citigroup Inc and Merrill Lynch & Co, two of the firms hardest hit by subprime mortgage losses. Goldman's Level 3 assets, for which market prices are so scarce that companies use ...
    2007-11-12 04:49:00

  • Countrywide: downgrade could be crushing

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... in its banking subsidiary could be hampered if its credit ratings were downgraded below investment grade, the mortgage ...
    2007-11-12 03:16:00

  • US mortgage crisis 'scarier' than feared, says Blackstone

    MSN MoneyCentral - Mr James also pointed out that there were no signs of a slowing economy coming from Blackstone's portfolio companies. However, he added: "The mortgage black hole is, I think, worse than anyone saw. Deeper, darker, scarier. [The banks] are now looking ...
    2007-11-12 11:41:00

  • White Paper Shows How to Build a Pension that Grows While it Pays off the Mortgage (CNW Group via Yahoo! Finance)

    To help Canadian investors recover thousands of dollars on bank interest and taxes, New World Financial is offering a free white paper. "Infinite Banking In Canada - How to Build a Pension that Grows While it Pays Off Your Mortgage" is a guide to a little known finance method that banks and large corporations use, but about which many individuals are not aware.
    2007-11-12 04:00:00

  • Wall Street moves higher after sell-off; investors remain anxious about credit (Asbury Park Press)

    Stocks rebounded today as investors moved back into banking stocks after last week's sell-off but investors appeared to remain cautious, expecting more fallout from the ongoing credit crisis. The market was waiting to see if there would be more announcements from financial companies of write-downs of mortgage-backed securities and other debt instruments that have plunged in value since the ...
    2007-11-12 09:40:02

  • Premarket Roundup: Fannie Mae, Clearwire (AP via Yahoo! Finance)

    A Lehman Brothers analyst downgraded shares of mortgage companies Fannie Mae and Freddie Mac on Monday, expecting lower home prices to cause continued turmoil in the credit markets.
    2007-11-12 06:26:52

  • (AFX UK Focus) 2007-11-13 01:04 GMT: Shanghai bourse to speed up listing of China Mobile, other companies - report (Interactive Investor)

    HONG KONG (Thomson Financial) - The Shanghai Stock Exchange wants China Mobile and other Chinese companies to be listed in the mainland within six months, the South China Morning Post reported Tuesday, citing an unnamed official of the bourse.
    2007-11-12 05:23:44

  • Euroshares close higher, helped by rebound in the banking sector

    Forbes - ... occasions when the banks have fallen by 20 pct plus in a year, and the three month return following this decline was positive in every year, averaging 18 pct,' the broker said. Rescue talk for Northern Rock also underpinned gains. The UK mortgage ...
    2007-11-12 09:03:00

  • Inclusions: This film is all about flaws

    Westerly Sun - He fell back on his day job as a mortgage broker, the job that brought him to southern Connecticut. His friend Videll enticed him back into the film world, plus, mortgage brokering didn’t quite fit him, he said. He hopes "Inclusions" will be picked ...
    2007-11-12 08:28:00

  • Sage Credit Company Announces the Expansion of Its Branch Network

    Forbes - Waving his hand up and down through the air in an effort to describe the dramatic peaks and valleys of the mortgage industry ... The company has a robust network of branch offices with the autonomy to act as a broker or banker providing a comprehensive ...
    2007-11-12 12:38:00

  • Bodies removed from Temecula home

    North County Times - Maybe he's a realtor or a mortgage broker who can't sustain the lifestyle anymore SoCalGrl wrote on Nov 12, 2007 9:23 AM: John C. no offense but I fail to see all the great things this city has to offer.....at least the teenagers in this city. They try ...
    2007-11-12 01:07:00

  • Dream Home or Dream On? Part I Save Email Print

    WVLT - They owe more than their house is worth," Knoxville area mortgage broker Chrissi Rhea said. But East Tennessee housing market it seems: "As if it's always been different," said Jim Ford from the Knoxville Area Association of Realtors. Or at least, on ...
    2007-11-12 02:04:00

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