Mortgage and Financial News From 2007-8-21 Page 19

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  • NeurAxon closes on $32m Series B financing round

    Boston Globe - ... One Financial Corp. said it will cut 1,900 jobs and shutter its wholesale mortgage ... The company said it will honor commitments to customers with locked rates who have ... Home Depot Inc., the world's largest home improvement store chain, said in a ...
    2007-08-21 07:07:00

  • India Bonds May Reap 6.2 Percent, Merrill Lynch Says (Update1)

    Bloomberg - Yields may ease, particularly in the short tenors, as the RBI holds rates and avoids steps that achieve monetary tightening ... bonds declined over the past four weeks, pushing up yields by about 18 basis points, as contagion from U.S. subprime mortgage ...
    2007-08-21 06:53:00

  • Capital One to Close Mortgage Unit

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... Capital One Financial Corp. said Monday it will close its wholesale mortgage unit due ... its contractual obligations to customers for loan commitments with locked rates ...
    2007-08-20 09:20:00

  • US CREDIT-Toll Brothers at risk from higher mortgage rates

    Reuters - NEW YORK, Aug 20 (Reuters) - Toll Brothers Inc. (TOL.N: Quote , Profile , Research ) may be the home builder most at risk of seeing its debt values slide if rising costs for large mortgage loans further pressures sales of luxury homes. After Moody's ...
    2007-08-20 10:25:00

  • Flexible Mortgage Helps Ease the Squeeze (Scoop.co.nz)

    Borrowers struggling to pay the mortgage can ease the financial squeeze by deferring all or some of their interest payments for up to five years through a new Flexi Loan product from Christchurch-based independent mortgage lender Global Home Loans.
    2007-08-21 01:08:59

  • Mortgage firms close units, fire workers (USA Today)

    Luminent Mortgage Capital, which has struggled with liquidity problems because of investments in mortgages, Monday announced a bailout in which it would sell a majority stake in itself at a deep discount.
    2007-08-21 06:17:05

  • Are mortgage rates going up or down? -- Yes! (Reno Gazette-Journal)

    With a multitude of adjustable-rate mortgages nearing the end of their fixed-rate period, many borrowers are anxious to know where interest rates are headed. We've all heard the story of the economist who was asked "Are rates going up or down?" The response was, "Yes, but I don't know when."
    2007-08-20 10:04:44

  • Mortgage rates escape shares fallout- for now (The New Zealand Herald)

    Mortgage rates have yet to feel much impact from the turmoil in world financial markets, though the jury is out about the effect to come. Westpac chief economist Brendan O'Donovan said there were forces working in both directions and it was too soon to tell what the net effect would be.
    2007-08-20 05:25:23

  • Thornburg Sells $20.5B of Securities To Pay Down Debt

    New York Sun - ... last week because of a cash crunch, sold $20.5 billion of securities at a discount to pay down debt it couldn't refinance. The ... in the $2.2 trillion American commercial-paper market refused to buy the short-term debt that it used to finance home ...
    2007-08-21 05:34:00

  • Futuretrust(R) and Insurance.com(TM) Partner for Families

    PR Newswire - Members can also earn college savings rebates when they buy, sell, finance, or refinance a home, as well as use moving services and home warranty transactions. Applications are available at Motherhood(R) Maternity, Mimi Maternity(R), A Pea in the Pod ...
    2007-08-21 04:01:00

  • Semi-Annual Shareholder Letter From CEO of Shearson Home Loans

    MSN MoneyCentral - We have redirected our loan origination resources into the loan resolution business and now have begun to refinance loans for ... Shearson Financial Network Las Vegas, Nevada Michael Barron 702-868-7922 Copyright 2007 Market Wire Back to News Home ...
    2007-08-20 06:43:00

  • How to handle mortgage meltdown

    Nashua Telegraph - If you’re in the market for a home loan, a home-equity loan or trying to refinance a mortgage, what should you do? First the good news. As of last week, the market for conforming mortgages was still operating smoothly, and if you qualify for one, you ...
    2007-08-21 04:01:00

  • Links We Like

    WSB-TV Atlanta - Whether you want to pay off some bills, remodel, or get a better rate, you can refinance your home online. Just enter your name and other important information and get a handful of approval values and rates in return. More Details
    2007-08-20 06:36:00

  • Ohio bank offers home funding

    Akron Beacon Journal - Ohio bank offers home funding Published on Tuesday, Aug 21, 2007 A funding program to help mitigate rising numbers ... They can use those funds to help homeowners at risk of foreclosure to refinance their homes on more favorable terms. Funds ...
    2007-08-21 04:30:00

  • Urbandale Nursing Home Regains Federal Funding (KCCI 8 Des Moines)

    A Des Moines-area nursing home has regained federal funding despite allegations of widespread neglect.
    2007-08-20 06:58:26

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