Mortgage and Financial News From 2008-2-15 Page 36

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  • EUROPE MARKETS Stocks in Europe end with sharp losses - MarketWatch

    EUROPE MARKETS Stocks in Europe end with sharp lossesMarketWatch - 1 hour ago"We believe that Vedanta has one of the best growth profiles of the UK-listed miners," the broker said. It noted that Vedanta is forecast to show 58% growth ...
    2008-02-15 09:02:49

  • 4 Smart Moves for Getting a Great Deal on a House - U.S. News & World Report

    4 Smart Moves for Getting a Great Deal on a HouseU.S. News & World Report, DC - 47 minutes agoIf you're working with a real estate broker, start there. Traditionally, the agent representing the buyer splits the commission—from 4 to 6 percent—with the ...
    2008-02-15 09:19:20

  • Tax credit change could jeopardize historic projects (Newport Daily News)

    NEWPORT — The transformation of Mumford Manor, like many other historic properties in Newport, would not have taken place without state historic tax credits. Now, those tax credits may be in danger because of Gov. Donald L. Carcieri’s proposal to retroactively cap them.
    2008-02-15 07:52:50

  • Local church celebrates Black History Month (McKinney Messenger)

    This year Black History Month celebration on Sunday at the First Baptist Church on Highway 289 was a declared success, by Delois Johnson, head of the presentation.
    2008-02-15 08:45:35

  • Focus' Ritter blames slowdown (In Business Las Vegas)

    It's been a tough year for John Ritter, and we're only seven weeks into it.
    2008-02-15 08:48:52

  • Week ahead: Banks, BoE rates meeting (ShareCast via Yahoo! UK & Ireland Finance)

    The banking sector was reeling after Bradford and Bingley said profits plunged from £247m to £126m in 2007 as it took £226m of impairment charges across a range of financial instruments. It will be hoping for some reassurance when Barclays and Alliance and Leicester issue their final results.
    2008-02-15 09:27:00

  • Stocks in Europe end with sharp losses on banks, U.S. data (Market Watch)

    Stocks in Europe ended sharply lower on Friday, as worries about the health of banks combined with poor U.S. economic data to send shares lower and largely wipe out the week’s gains.
    2008-02-15 09:36:56

  • Losses stalk Royal Bank of Scotland

    CNN Money - Last December RBS took a GBP 950 million, or roughly $1.9 billion, writedown on its mortgage holdings, which was less than ... 1.1.3 iPhone More Apple TV vs. Blu-ray: How do they stack up? More Is the end of paying for Wi-Fi near? More 100 Best Companies to ...
    2008-02-15 04:12:00

  • MBIA, Ambac Rescue May Be Set Before Ratings Are Cut (Update2)

    Bloomberg - Buffett's plan would allow the insured bonds to retain their AAA rating, and leave Ambac and MBIA with guarantees on mortgage securities and other debt responsible for the companies' losses. `Very Confident' Other companies ...
    2008-02-15 05:16:00

  • Editorial: Half measures failing to solve mortgage crisis

    San Jose Mercury News - The U.S. government has been prodding mortgage companies to save people from losing their homes - mostly by renegotiating troubled loans. But so far, this voluntary effort isn't working. Government and industry need to make more effective progress in ...
    2008-02-15 01:34:00

  • FGIC to request a break up, says report; bond insurers trade lower

    Forbes - ... Insurance Co., a monoline insurer, has notified the New York State Insurance Department that it will request to be split into two companies, media reports said Friday, One of the firms would likely maintain the business of insuring mortgage-backed ...
    2008-02-15 07:18:00

  • Bond insurer FGIC seeks break up

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... FGIC to a 'A3' rating from 'AAA' Thursday, citing the company's weakened capital position and its exposure to the mortgage ...
    2008-02-15 06:35:00

  • Countrywide foreclosures at record, refinancing up

    Reuters - Harting said an increase in refinancings could benefit other companies highly dependent on mortgage volume, including Washington Mutual Inc (WM.N: Quote , Profile , Research ) and IndyMac Bancorp Inc (IMB.N: Quote , Profile , Research ), and title insurers ...
    2008-02-15 08:08:00

  • Radian cuts portfolio value by $459M

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... PHILADELPHIA (AP) -- Mortgage insurer Radian Group Inc. said Friday it swung to a loss during the fourth quarter due to a ...
    2008-02-15 08:51:00

  • Canadian Stocks Fall, Led By Tech Companies; Hudbay Declines

    Bloomberg - UBS AG said today that global banks remain at risk from as much as $203 billion of additional writedowns on mortgage related assets. A U.S. consumer confidence index fell to a 16-year low. Canada's mining companies rose, as prospects of a ...
    2008-02-15 08:44:00

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