Mortgage and Financial News From 2008-2-12 Page 12

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  • (AFX UK Focus) 2008-02-13 03:51 GMT: Hong Kong shares higher on US lead; oil stocks extend gains - UPDATE (Interactive Investor)

    HONG KONG (XFN-ASIA) - Share prices were higher midmorning, tracking Wall Street's overnight gains after billionaire investor Warren Buffett offered to help out US bond insurers hit by credit market troubles.
    2008-02-12 08:19:55

  • Banks tighten, even freeze, home equity lines of credit

    Silicon Valley - Across the board, every lender has been tightening up their guideline with regard to home equity lines," said Mike Gallagher, president of mortgage broker Avantis Capital in Morgan Hill. Countrywide cited falling property values as the reason for ...
    2008-02-12 03:14:00

  • WaMu directors questioned (Seattle Post-Intelligencer)

    A union-affiliated pension advisory group wants to know what three Washington Mutual directors were doing while the subprime mortgage problem was developing.
    2008-02-12 08:29:31

  • Buffett Offers Aid on Bonds, but at a Price (NYTimes.com via Yahoo! Finance)

    The billionaire investor made clear that his offer of a lifeline to three insurance companies battered by the subprime crisis would not come cheap.
    2008-02-12 08:39:34

  • 11:34 p.m.: GM posts record U.S. auto loss for 2007, offers buyouts (The Herald Bulletin)

    DETROIT — For all the good in GM’s 2007 results — the near-record worldwide sales, the reduction in labor costs and in retiree health obligations — there is no getting around the $38.7 billion in red ink.
    2008-02-12 08:40:07

  • Four at Four: Operation Hugs and Smiles - Wall Street Journal

    Four at Four: Operation Hugs and SmilesWall Street Journal - 6 hours agoStrategists at various fixed-income broker/dealers sweated it out today, dealing with multiple failures of what are known as “auction rate securities,” ...
    2008-02-12 01:48:27

  • Buffett's reinsurance offer no silver bullet for bond insurers (The Kansas City Star)

    OMAHA, Neb. | Billionaire Warren Buffett’s offer to help insure municipal bonds assuaged some credit concerns Tuesday, but troubled bond insurers may have little interest in extra coverage for their best assets.
    2008-02-12 08:41:33

  • Mortgage Options For People With Poor Credit - Best Syndication

    Mortgage Options For People With Poor CreditBest Syndication, CA - 6 hours agoRetaining a mortgage broker to apply for a loan, if the funds are available, is a viable option. A mortgage broker can inform her/his poor credit client of ...
    2008-02-12 01:56:13

  • Toyota, Honda, Nissan Japan Unions Ask for More Pay (Update4) (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co.'s labor unions in Japan asked for more pay as the automakers forecast higher earnings.
    2008-02-12 08:42:13

  • MarketWatch - Overnight 13/02/2008 - LIVENEWS.com.au

    MarketWatch - Overnight 13/02/2008LIVENEWS.com.au, Australia - 6 hours agoAlso lifting overall market sentiment was news that mortgage lenders had temporarily halted foreclosure proceedings against delinquent homeowners to help ...
    2008-02-12 02:19:05

  • Dunfermline heads south as it targets 40% volume growth - Scotsman

    Dunfermline heads south as it targets 40% volume growthScotsman, United Kingdom - 4 hours agoRather than sell directly to customers in England and Wales, Dunfermline is putting together a panel of experienced mortgage advisers and broker networks ...
    2008-02-12 04:04:19

  • London is world's priciest office location-report - Guardian Unlimited

    London is world's priciest office location-reportGuardian Unlimited, UK - 4 hours ago... triple the average paid by occupiers in New York's Midtown business district, research from real estate broker Cushman & Wakefield showed on Wednesday. ...
    2008-02-12 04:10:39

  • OPINION - Booze and binges just not cricket - Hawke's Bay Today

    OPINION - Booze and binges just not cricketHawke's Bay Today, New Zealand - 2 hours agoDespite fellow mortgage broker Mike Pero wading into the debate to counter Parore to boost his own ratings I feel Parore does make a valid point. ...
    2008-02-12 06:11:32

  • Tell us your Blue Chip stories - New Zealand Herald

    Tell us your Blue Chip storiesNew Zealand Herald, New Zealand - 2 hours agoThis morning got a call from mortgage broker who wants to discuss the loan for the substitute property. Incredible. They seem to carry on business as usual ...
    2008-02-12 06:39:46

  • Bargains abound for rental houses - Arizona Republic

    Bargains abound for rental housesArizona Republic, AZ - 1 hour agoAnne McCawley, broker for Bennett Property Management in Mesa, said she thinks homes in the far southeast Valley are the hardest to rent. ...
    2008-02-12 07:06:53

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