Mortgage and Financial News From 2007-10-21 Page 6

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  • Mortgage Security Bondholders Facing a Cutoff of Interest Payments (New York Times)

    The cutoff of interest payments, which is expected to accelerate, would be the latest blow to the markets as investors try to anticipate the next problem that might shake confidence.
    2007-10-21 03:51:58

  • Home Sales May Fall, Durable Orders Rise: U.S. Economy Preview (Bloomberg.com)

    Oct. 21 (Bloomberg) -- Home sales in the U.S. probably dropped to a seven-year low in September while business spending grew, showing parts of the economy are weathering the deepening housing slump, economists said before reports this week.
    2007-10-21 07:57:47

  • Mortgage fraud victims deserve our help (Minneapolis-St. Paul Star Tribune)

    The stories of mortgage fraud victims can bring tears to your eyes. There is the man with six children who lost his family's home on his wedding day after being snared in a "foreclosure rescue" scam. There is the hard-working single mom with five children who trusted an unscrupulous broker who then milked all the equity from her home and piled her with additional debt. These are not isolated ...
    2007-10-21 02:05:32

  • Halliburton Announces Third Quarter Earnings of $0.79 Per Diluted ...

    Forbes - ... war, and the effects of terrorism, foreign operations, and foreign exchange rates ... December 31, 2006, Form 10-Q for the period ended June 30, 2007, recent Current ... 893 ----- Interest ...
    2007-10-21 12:53:00

  • The Economist points a finger at central bankers

    HULIQ.com - What a delightful current issue of The Economist - a special pull-out section with the title "Only Human - A special ... But whichever way you look at it, central banks kept interest rates too low for too long. That is most true of the Fed, which ...
    2007-10-21 03:52:00

  • G7 Silence on The Dollar May Be An Invitation to Sell

    CNBC - ... last year, the dollar has fallen by another 7 percent in 2007, mostly on fears that the Federal Reserve will cut interest rates ... expected, since Washington sees a weaker currency as a way to boost exports and thereby reduce its massive current ...
    2007-10-21 02:04:00

  • Parents of fat children to be given a warning

    Times Online - ... is understood to have been persuaded that it is in children’s best interest if ... Rates for the past year, however, are much improved, with measurements for almost ... 26 per cent of children and young people would be obese by 2050, based on current ...
    2007-10-21 02:19:00

  • Remarks by the Vice President to the Washington Institute for Near ...

    Forbes - In nearly every category of national interest, what happens in the Middle East is of ... though we have more troops carrying out perilous missions, our casualty rates are ... Under their current rulers, the people of Iran live in a climate of fear and ...
    2007-10-21 03:44:00

  • Unconcerned G7 leaves the sliding dollar at the mercy of the markets

    Times Online - ... highs above $1.43, amid fears of a severe downturn in the American economy and expectations of further cuts in US interest rates ... weaker dollar because it bolsters flagging American growth by boosting exports and so helps to reduce the US current ...
    2007-10-21 04:06:00

  • Turbulence impact limited on Third World

    Miami Herald - ... and is compounded by a protectionist reversal of globalization, the current account ... into serious numbers" and contribute to the bank branch that makes low interest ... that most countries in sub-Saharan Africa "are experiencing the highest rates of ...
    2007-10-21 04:20:00

  • Loans spur increase in ICICI's second-quarter profit

    Stockhouse Canada - Loans may grow at about the same rate as witnessed so far this year if interest rates remain at the current levels.' Interest and non-interest income at ICICI Bank rose to 95.9 billion rupees in the second quarter from 68 billion rupees a year earlier ...
    2007-10-21 03:16:00

  • Greenspan says credit crisis was 'accident waiting to happen' UPDATE

    CNBC - adds comments about current account deficit, debt levels and protectionism) WASHINGTON (Thomson Financial) - The ... lost control over the markets beyond three or four or five years out," Greenspan said, noting that the long-term interest rates ...
    2007-10-21 03:44:00

  • CSL, James Hardie, Lenders, Woodside: Australian Stock Preview

    Bloomberg - ... after a record $1.3 billion of writedowns for bad loans and mortgage-backed securities. National Australia Bank Ltd. (NAB AU), the country's largest lender, slipped ... James Hardie Industries NV (JHX AU), the biggest seller of home siding in ...
    2007-10-21 03:44:00

  • China Merchants Bank to temper home loans

    Hong Kong Standard - China Merchants Bank to temper home loans Katherine Ng in Beijing Monday, October ... However, Qin said he views the personal mortgage market as neutral rather than ... Qin said the lender had not been affected by the austerity measures that have been ...
    2007-10-21 12:10:00

  • Wall Street Hopes for Upbeat Earnings

    Newsday - Homebuilder Pulte Homes Inc. and mortgage lender Countrywide Financial Corp. release third-quarter earnings this week. Other Dow ... On Wednesday, the National Association of Realtors is expected to report that existing home sales in September fell. ...
    2007-10-21 01:36:00

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