Mortgage and Financial News From 2007-12-15 Page 4
Previous Day: 2007-12-14
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16
-
US STOCKS-Market falls as CPI dims rate cut hopes
Reuters - NEW YORK, Dec 14 (Reuters) - U.S. stocks fell on Friday after a higher-than-expected consumer prices report raised concern that simmering inflation may hamper further interest rate cuts by the Federal Reserve. Banks and other financial sector stocks ...
2007-12-14 10:06:00 -
Energy fuels consumer costs
Chicago Tribune - The inflation figures could explain the Fed's decision to lower its benchmark interest rate by just a quarter of a percentage point this week, disappointing some investors who said the cut wasn't deep enough to combat the economic slowdown. Some ...
2007-12-15 12:49:00 -
Home truths: tales from housing's front line
Observer - But I do think this will have an effect on the broader economy with a series of interest rate cuts next year.' Here The Observer speaks to first-time buyers, sellers, an estate agent and a buy-to-let investor to hear their views about the market. The ...
2007-12-15 05:00:00 -
US RATE FUTURES-Slash Fed ease ideas after Nov CPI
Reuters - CHICAGO, Dec 14 (Reuters) - U.S. short-term interest rate futures fell heavily on Friday, extending earlier losses after data showing November inflation was stronger than expected. The implied chances for a Federal Reserve rate cut in January fell as ...
2007-12-14 08:40:00 -
Chinese rate hike to check HK stocks
Daily Times - HONG KONG: The performance of Hong Kong share prices will largely depend on whether China will hike its interest rate over the weekend to cool its economy and curb inflation, dealers said Friday. They said investors will be kept on the sidelines by ...
2007-12-15 02:51:00 -
Rate cut pushed investors to emerging markets
Economic Times - MUMBAI: Hoping that the US Federal Reserve may cut interest rate by 50 basis points, investors flocked to emerging market equity funds during the second week of December. Strong performance in key markets and easing energy prices were the other ...
2007-12-15 04:45:00 -
Fed acts to entice more bank loans
Baltimore Sun - Sharply criticized by Wall Street on Tuesday for a modest interest rate cut that critics labeled as too timid, the nation's central bank announced the biggest concentrated injection of funds into the economy since the Sept. 11 terrorist attacks. In ...
2007-12-15 03:27:00 -
Rate cut not a quick fix for housing slump
Fort Lauderdale Sun-Sentinel - The housing market will not recover because the Federal Reserve cut a key short-term interest rate last week. When there's a boom gone bust, it takes time and confidence on the part of buyers before the situation can stabilize. A single rate cut can ...
2007-12-15 06:04:00 -
All eyes on Japanese interest rate decision and BoE meeting
Gulf News - Dubai: In the coming week, markets will await the interest rate decision by the Bank of Japan and the release of the minutes of the Bank of England's December meeting. The euro began last week on a strong note supported by European Central Bank (ECB ...
2007-12-15 04:38:00 -
Sub-prime ruts and interest rate cuts
Daily Telegraph - There's little point being a newspaper columnist unless you provoke a reaction. So, while I've been pilloried for my latest effort, I'm not complaining. I wasn't surprised to be attacked. With house prices shaky and Christmas looming, I suspected ...
2007-12-15 05:21:00 -
Rowing: Interest high as Waddell tests the water (The New Zealand Herald)
Normally the KRI 1 regatta doesn't rate highly on the rowing calendar but there will be plenty of interest in this morning's single sculls final when Mahe Drysdale and Rob Waddell go head-to-head for the first time.
2007-12-15 08:29:58 -
Downey takes hit on bad home loans
Financial Times - Downey Financial, a California-based savings and loan company, said on Friday home loan delinquencies rose 27 per cent in ... high delinquency rates, since borrowers with little or no equity in their homes have less incentive to continue making mortgage ...
2007-12-15 02:36:00 -
5 p.m. -- 455 Idaho residents to get Ameriquest settlement checks
Idaho Statesman - ... to pay $295 million to customers nationwide and reform practices states claimed were predatory lending. Wasden says Ameriquest used high-pressure sales tactics to foist loans on homeowners trying to consolidate credit card debt in a new home mortgage. ...
2007-12-15 03:48:00 -
Summary Box: Fed planning steps to crack down on shady mortgage ...
CNBC - HOMEOWNER PROTECTION: People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers. UNIVERSAL RULES: Rules expected to be proposed Tuesday would apply ...
2007-12-15 12:13:00 -
Fed planning to crack down on shady mortgage lending practices (Detroit News)
WASHINGTON -- People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers, already hit hardest by the housing and credit crunches.
2007-12-15 02:54:49