Mortgage and Financial News From 2008-1-30 Page 18

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  • Mortgages work in reverse

    Florida Times-Union - Digging deeper, the Jacksonville homeowner went last week to the Housing Partnership of Northeast Florida for a reverse mortgage seminar sponsored by Wells Fargo. "You have all the blurbs out there on TV, and we thought we would come and see what it ...
    2008-01-28 03:53:00

  • St. Lucie County community connection: January 30 - TCPalm

    St. Lucie County community connection: January 30TCPalm, FL - 22 hours agoSenior Finances/Reverse Mortgages: Parish Hall, Holy Faith Episcopal Church, 6990 SUS 1, Port St. Lucie, 10 am-noon, Feb. 9. Free. ...
    2008-01-29 09:01:37

  • Fed cuts key rate by half a point, signals for more - MarketWatch

    Fed cuts key rate by half a point, signals for moreMarketWatch - 7 hours agoThey say the Fed will be quick to reverse course and hike interest rates once it is clear that the economy is out of the woods. Still, other analysts are ...
    2008-01-30 12:01:29

  • Flagstar Bancorp Q4 2007 Earnings Call Transcript - Seeking Alpha

    Flagstar Bancorp Q4 2007 Earnings Call TranscriptSeeking Alpha, NY - 6 hours agoWe almost exclusively originate confirming residential mortgages for sale via the GSEs and FHA and making strong relationships with both of these. ...
    2008-01-30 12:58:45

  • Who dunnit in the global credit mystery? - Scotsman

    Who dunnit in the global credit mystery?Scotsman, United Kingdom - 3 hours agoFirst, US subprime mortgages go belly up, collapsing the American housing market. Suspects: the Wall Street investment banks who bet their shirts on ...
    2008-01-30 04:26:16

  • Thomas: Free-market guy doesn't buy Hillary spending spree - Tucson Citizen

    Thomas: Free-market guy doesn't buy Hillary spending spreeTucson Citizen, AZ - 1 hour agoShe would also "have an interest rate freeze for five years, because these adjustable-rate mortgages, if they keep going up, the problem will just get ...
    2008-01-30 06:12:40

  • Commentary: Blame Wall Street (Forbes)

    But the bailout is way too little, too late.
    2008-01-30 11:45:47

  • Taking Out a Reverse Mortgage (Entrpreneur.com)

    For senior citizen entrepreneurs that own a home, a reverse mortgage could provide the financing you need during difficult times. But beware.
    2008-01-30 02:07:37

  • Australian Stocks Set for Worst Month for More Than 20 Years (Bloomberg.com)

    Jan. 31 (Bloomberg) -- Australian stocks are set to complete their worst monthly drop in 20 years. Macquarie Group Ltd. and CSL Ltd. slipped on concern the Federal Reserve's interest rate cut won't reverse the U.S. economy's slide.
    2008-01-30 05:33:54

  • Fed moves aggressively to combat slowdown (MENAFN)

    Fed moves aggressively to combat slowdown
    2008-01-30 06:23:40

  • Transcript of GOP debate at Reagan Library (CNN.com)

    ANDERSON COOPER, CNN: The first question is actually a question that will go to all of you, but I'll start with Governor Romney. During a 1980 debate, he suggested Americans determine who to vote for by asking themselves, "Are you better off than you were four years ago?"
    2008-01-30 07:03:03

  • Rate Cut Boosts Stocks

    Street.Com - ... chips and tech stocks pushed higher Wednesday after the Federal Reserve cut rates by another 50 basis points, its second ... said it expects a record quarterly loss of $11.5 billion in the fourth quarter due to exposure from U.S. subprime mortgages ...
    2008-01-30 11:33:00

  • Subprime Mess at UBS Means First Loss

    Newsday - ... Paribas SA estimated that fourth-quarter net profit plunged 42 percent, pointing to a "deepening crisis" in the market during the second half of the year. The reports signify how deeply banks in Europe have been affected by defaults on U.S. mortgages ...
    2008-01-30 11:26:00

  • Overview: Fed fails to boost US equities

    Financial Times - A second aggressive rate cut in just over a week on Wednesday from the Federal Reserve failed to help Wall Street stocks ... One bright note after the latest rate cut is that further relief for holders of floating rate mortgages beckons. “The direct ...
    2008-01-30 02:39:00

  • Now you've got to speak out

    Times Online - By reappointing Mervyn King for a second five-year term as Governor of the Bank of England, Mr Brown has taken his first ... Rock and immediately pay off all depositors, while gradually recouping the Government's loans to the company as mortgages are ...
    2008-01-30 04:05:00

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